Kenya
Kenya: Ping Express’ CEO and COO Imprisoned for Money Laundering
Ping Express’ CEO Anslem Oshionebo and COO Opeyemi Ode have both received a combined 8 years in US Federal prison for money laundering. ...
News
Nigeria: CBN Raises Interest Rate from 13% to 14%
The Central Bank of Nigeria (CBN), Tuesday, raised the Monetary Policy Rate (MPR) from 13 percent to 14 percent amid continued inflationary pressure occasioned by ...
News
South Africa: South Africa’s Competition Commission approves SEACOM and EOH deal
South Africa’s Competition Commission, has approved pan-African telecommunications provider SEACOM Group’s acquisition of EOH Network Solutions (EOH-NS) and Hymax, divisions of iOCO, the ...
Egypt
Egypt: Central bank approves Telda card and app
Telda seeks to revolutionize the financial ecosystem in Egypt as it rolls out new products Telda has launched its card and application operations after ...
Zimbabwe
Zimbabwe’s central bank to meet retailers over rising prices
Zimbabwe central bank officials plan to meet retailers on Tuesday over price hikes, the Sunday Mail reported. The bank’s investigative arm, the Financial ...
Africa
Africa: Afreximbank Provides Grant to Grand Africa Initiative to Train African Youth Entrepreneurs on Delivering AfCFTA Goals
African Export-Import Bank (Afreximbank) has announced a grant to Grand Africa Initiative (GAIN) targeted at training two hundred young African entrepreneurs on entrepreneurship and intra-African ...
Tanzania
Tanzania orders network operators to improve services
The Tanzania Communications Regulatory Authority (TCRA), has ordered telecom operators in the country to improve the quality of their voice, data, and SMS ...
Kenya
Kenya: Korapay and Kandon Technology limited face fraud allegations in Kenya
Following Flutterwave, more Nigerian fintechs face legal issues in Kenya Worrying times for Nigerian-based Fintechs in Kenya, as more companies are charged with legal issues. ...
Africa
Africa: United Bank For Africa Launches New Branch In Dubai
The United Bank for Africa (UBA), a global financial services company, has extended its operations to the United Arab Emirates with the official launch ...
News
South Africa’s NEC XON Joins Forces with American A10 Networks
South African-based telecom solutions supplier NEC XON has partnered with America’s A10 Networks to take advantage of its range of networking solutions, including ...