News
Nigeria: DataPro explores Africa’s roadmap to investment-grade sovereign status
Technology-driven credit rating agency, DataPro Limited, is bringing together policymakers, economists, academics and industry practitioners to examine how Nigeria and other African economies ...
Africa
Africa: AfCFTA urges payment systems, infrastructure to unlock benefits for businesses
Africa must strengthen the payment systems, border infrastructure and other systems needed to help businesses fully benefit from the African Continental Free Trade ...
Africa
Africa: Dar Ventures expands DarE to back Africa’s built-environment tech startups
Dar Ventures, the venture capital arm of design and engineering firm Dar, has partnered with Plug and Play, a global open innovation and ...
Ghana
Ghana: BoG keeps policy rate at 14% for third consecutive MPC meeting
The Bank of Ghana (BoG) has maintained its monetary policy rate at 14 per cent, extending its rate hold to a third consecutive ...
Nigeria
Nigeria: NTB stop rates fall after CBN rate cut
Treasury bill stop rates fell sharply across all three maturities at Wednesday’s primary market auction, declining by between 70 and 80 basis points ...
Nigeria
Nigeria: FG cuts margin on interest for late taxes
The Federal Government has reduced the additional interest margin charged on unpaid naira-denominated taxes, linking the cost of late payment more closely to ...
Gambia
Gambia’s central bank faces criticism over foreign worker order
The Central Bank of The Gambia (CBG) has directed commercial banks to replace non-Gambian employees who are not covered by approved expatriate quotas, ...
News
Tanzania regulator reveals KCB’s 22.23% stake in payments firm Pesapal
KCB Group, Kenya’s largest commercial bank by assets, is set to acquire a 22.23% stake in Kenyan payments company Pesapal, giving the lender ...
Kenya
Kenya proposes up to $1.93m capital requirement for payment firms
Kenya is proposing new minimum capital requirements of up to KES 250 million ($1.93 million) for payment companies, a move that could raise ...
Nigeria
Nigeria: SEC sets October 15 deadline for sustainability reporting plans
The Securities and Exchange Commission (SEC) has directed all public companies and significant public-interest capital market operators to submit implementation plans for adopting ...
