News
Nigeria: CBN, NITDA Recognise Systems Specs For Excellence
Remita Payment Services Limited (RPSL), Africa’s foremost payment solutions company and a subsidiary of Systemspecs Group, has been adjudged the winner of the ...
Egypt
Egypt: MoneyFellows, Egypt’s FinTech startup, raised $31 million in a series B funding round
MoneyFellows, an Egyptian fintech platform, raises $31 million in a Series B investment round led by CommerzVentures, Middle East Venture Partners (MEVP), and ...
Ethopia
Ethiopia: Foreign banks granted same entry capital as local banks
Foreign banks willing to join the Ethiopian banking sector independently will have to fulfill the same minimum threshold of paid up capital as ...
News
Nigeria: New PENCOM guidelines and moving the needle for home ownership in Nigeria
Over a month ago when PENCOM announced the updated guidelines for accessing the balance of Pension Fund Accounts towards the payment of Equity Contributions for ...
News
Uganda: Why central bank has no governor nine months on
Sunday, October 23, marked exactly nine months since Emmanuel Tumusiime-Mutebile, the Bank of Uganda’s (BoU’s) Governor of just under 21 years, passed on. ...
News
Nigeria: CBN Spent N281 Billion Printing New Notes as Latest Banknotes Begin Circulating December 15
The Central Bank of Nigeria (CBN) spent about N281.07 billion to print bank notes between 2016 and 2020 and another N3.88 billion to ...
Africa
Africa: AFDB, IFAD to invest $538m to establish agro processing zones
Following the launch of the Staple Crop Agro Processing zones in the country, indications have emerged that the African Development Bank (AFDB), International ...
Africa
Africa: 200 million persons lack mobile broadband in Africa
About 200 million people live in areas without mobile broadband coverage in Nigeria and other Sub-Saharan Africa countries, according to a new report ...
Nigeria
Nigeria: Telecoms Regulator Harps On Need For Consumer Protection
Nigeria’s telecoms industry regulator, the Nigerian Communications Commission (NCC) says that it will prioritize customer protection while regulating Nigeria’s digital space. Prof. Umar ...
News
Nigeria: UBA Bolsters Earnings, Profit Spikes 12.3%
UBA shareholders’ funds remained very strong at N809 billion up from N805 billion recorded in December 2021 again reflecting a strong capacity for ...