Africa
Africa: Mastercard, Ecobank Group to Digitise Agricultural Value Chains in Africa
Mastercard and Ecobank Group have partnered to connect millions of smallholder farmers in Sub-Saharan Africa to Mastercard’s Farm Pass – a digital platform ...
News
Nigeria: Nigerian Exchange suspends Royal Exchange, C&I Leasing, 7 others for default in audited financial statements
The Nigerian Exchange Limited (NGX) has suspended nine companies from its facilities, effective today, (Friday, 1 July 2022), having failed to file their ...
Egypt
Egypt: World Bank approves $500M in development financing for Egypt to support food security efforts
The World Bank’s Board of Executive Directors approved Tuesday a US$500 million loan to bolster Egypt’s efforts to ensure that poor and vulnerable ...
News
Nigeria: FG signs agreement with Huawei, CISCO to establish 300 academies in Nigeria
The Federal of Nigeria says it has signed an agreement with tech giants, Huawei and CISCO to establish a minimum of 300 academies ...
Regulatory
South Africa: US Regulator Charges South African MTI and Its Operator With $1.7 Billion Fraud Involving Bitcoin
The U.S. Commodity Futures Trading Commission (CFTC) has charged Mirror Trading International (MTI) and its operator with a $1.7 billion fraud involving bitcoin. ...
News
Uganda: Supreme court orders Bank of Uganda to return Crane bank to Sudhir
Ugandan businessman Sudhir Ruparelia has obtained a final Supreme court order allowing him to revert Crane bank back to its shareholders. In January ...
Africa
Africa: These are the next startup investment hotspots in west Africa
The Big Deal’s figures show that since 2019, west African startups have hauled in $4.2 billion, representing 41% of the total funds logged ...
Ghana
Ghana: Bank of Ghana- Enabling MSME Growth Through FinTechs
Introduction Micro, small, and medium enterprises (MSMEs) provide over 80% of global manpower and are a major contributor to Gross Domestic Product (GDP). ...
Africa
Africa: Women Power- MTN announces new leadership in Uganda, Rwanda and Cameroon
MTN, Africa’s largest wireless carrier has announced the appointment of women Chief Executive Officers in Cameroon, Rwanda and Uganda, to support the accelerated ...
News
Nigeria: FirstBank Launches FirstGem Loan, a Single-Digit Loan Scheme for Women-owned Businesses
In furtherance of its role in promoting female entrepreneurship across the country, Nigeria’s premier banking institution and leading financial inclusion services provider, First ...