African Export-Import Bank (Afreximbank) has inaugurated the Afreximbank Trade Payment Services or “AfPAY”. AfPAY is an intervention designed to facilitate the settlement of ...

The World Bank has approved 750 million dollars for the Nigeria State Action on Business Enabling Reforms (SABER) Programme-for-Results, according to a statement. ...

African countries benefited as U.S. International Development Finance Corporation (DFC) approved 62 new transactions this quarter totaling more than $2.3 billion of investment ...

The National Information Technology Development Agency (NITDA) has supported proposals for the establishment of Digital Innovation Hubs in the country. Director-General of the ...

Stakeholders in the FinTech and cryptocurrency sectors have been charged with upholding consumer protection in their operations. The Director of Fintech and Innovation ...

Absa Bank Kenya has announced a new partnership with Huawei on a SD-WAN Solution to build a new digital foundation for branch networks. ...

Chipper Cash, a cross-border payments app, has received authorization from the Bank of Ghana to provide remittance services from the US to Ghana. ...

The Central Bank of Nigeria has made good on its promise and has begun debiting accounts of defaulters under its development finance intervention programmes. The ...

The Ghana Association of Bankers (GAB) has said that its mobile money product, GhanaPay is poised to boost mobile money penetration in Ghana ...

The Securities and Exchange Commission has exposed new rules on Shariah Advisory Services for non-interest capital market products and services. According to the SEC, Shariah ...