News
Uganda: Central bank drops growth projections
The Central Bank has lowered Uganda’s economic growth, projecting it in the range of 2.5 to 3.0 percent for 2022 to reflect the ...
Ethopia
Ethiopia: Finnish-Ethiopian Startup Launches Recruitment Software
A Finnish-Ethiopian startup has entered Ethiopia’s job market with an online requirement software called Fairway. The tech startup, which aims to provide a ...
Regulatory
Zimbabwe: Reserve Bank of Zimbabwe ‘Developed a Roadmap for Adoption of CBDC,’ Says Governor
The governor of the Zimbabwean central bank, John Mangudya, recently said his organization “has developed a roadmap for adoption of CBDC [central bank ...
Nigeria
Nigeria: Capital Market Master Plan Promotes Transparency, Confidence – SEC
The Securities and Exchange Commission (SEC) says the Capital Market Master Plan (CMMP) initiatives have helped in promoting transparency, protecting investors and enhancing ...
Innovation
SA: Yellow Pay – Yellow Card’s new payment feature simplifying money transfers through it’s crypto rails
The launch of Yellow Pay not only makes it easier for money transfer but also opens up the continent to more investment, access ...
Africa
International Youth Day 2022: The Role of the Youth in Driving Financial Inclusion in Africa
Depending on their needs and stage of life, access to financial services can empower young people and improve their well-being in the right ...
Ghana
Ghana: Fitch further downgrades Ghana to ‘CCC’
Fitch Ratings has further downgraded Ghana’s long-term foreign-currency (LTFC) issuer default rating (IDR) to ‘CCC’ from ‘B-‘. The downgrade comes on the back of ...
News
Rwanda: Central Bank Raises Lending Rate to Tame Inflation
The National Bank of Rwanda (BNR) has increased the key repo rate from 5 percent to 6 percent in a bid to tame ...
News
Nigeria: First African Country to Launch Digital Currency – CBN Governor
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said that Nigeria is the first country in Africa to launch the ...
Ghana
Ghana: Ghana’s Float Acquires Nigeria’s Accounteer to Enhance Accounting Practices for SMEs
Ghana-based, Float, focused on helping businesses manage cashflow, has acquired Accounteer, a Nigerian cloud-based accounting company. The deal, which follows Float’s $17 million ...