Nigeria
Nigeria: LoadMoto Launches in Nigeria, Set to Disrupt Existing Ride Hailing Apps
LoadMoto Technologies Limited, an indigenous firm that is based in Lagos, has launched LoadMoto, a ride hailing and logistics app that combines ride ...
News
Nigeria: CBN, AMCON announce sale of Polaris Bank
The Central Bank of Nigeria (CBN) and the Asset Management Company of Nigeria (AMCON) have formally announced the completion of a Share Purchase ...
Africa
Africa: Acuminor joins Africa RegTech Horizon 2022
RegTech is disrupting the regulatory landscape by providing technologically advanced solutions to the ever-increasing demands of compliance within financial services. The Africa RegTech ...
Kenya
Kenya: Safaricom’s M-Pesa Social Value Impact Hit Sh275 Billion on Customers, Transactions Rise
Safaricom’s M-Pesa social value has increased by 14 per cent to Sh275 billion in financial year (fy) 2022, helping millions of Kenyans access ...
Ghana
Ghana: Banks Must Be Cautious In Granting Credit – GCB Bank, Deputy, Md
This is not the time for financial institutions to be very aggressive and bullish on granting credit, Socrates Afram, the Deputy Managing Director ...
Nigeria
Nigeria: Bumpa Raises $4 Million to Facilitate Production, Profitability for SMEs
Nigerian e-commerce startup, Bumpa, targeted at facilitating all-round-growth for SMEs, has raised $4 million in a seed round led by Base10 Partners, the ...
Kenya
Kenya: Safaricom fires 24 employees for M-Pesa fraud
Safaricom fired 24 employees in the year ended March 2022 for fraud-related offences, down from 28 a year before. The telco’s latest sustainability ...
Nigeria
Nigeria: FG Reverses 10% Tariff Increases On Data, Voice Services
The Nigerian Communications (NCC) has ordered the reversal of the implementation of the newly approved 10% hike in tariff for voice and data ...
Kenya
Kenya: 264,000 mobile phones switched off over SIM registration, says Chiloba
The Communications Authority of Kenya (CA) has instructed mobile network operators to deny service to millions of phone subscribers who have not registered ...
Africa
Africa: Navigating the financial landscape in turbulent times
Banks weathered the pandemic well, showing the resilience of the sector The European Investment Bank (EIB) (https://www.EIB.org) has completed its annual survey of ...