Kenya
Kenya: Korean firm to implement Nairobi smart transport system
The Kenya Urban Roads Authority (KURA) has partnered Korean consortium Cheil Engineering Company Limited for the design and rollout of the Sh6.5 billion ...
Namibia
Namibia: Bank Windhoek Introduces Contactless ATMs
Bank Windhoek this week introduced the first contactless-enabled feature across Cash Accepting ATMs, becoming the first financial institution in the country with this ...
Africa
Africa: Disruptive technology, connectivity top the agenda at North Africa Com 2022
North Africa Com 2022 will take place virtually on 19 – 20 July 2022, under the theme ‘Uniting North Africa’s Digital Ecosystems to ...
News
Nigeria: CBN Tightens Monitoring of Discos’ Utilisation of Intervention Funds
The Central Bank of Nigeria (CBN) has embarked on a tour of the power Distribution Companies (Discos) to monitor and evaluate how the ...
Kenya
Kenya: CBK Raises Base Lending Rate to 7.5%, Cites Elevated Risks to Inflation Outlook
The Central Bank of Kenya (CBK) has raised the base lending rate to 7.50 per cent citing elevated inflation risks due to increased ...
News
South Africa: MTN appoints Tumi Chamayou as group executive for enterprise business unit
MTN Group announced the appointment of Tumi Chamayou as Group Executive: Enterprise Business Unit (GEBU), which takes effect from 1 June 2022. Tumi ...
News
Nigeria: Banks tighten forex access as reserves hit seven-month low
The country’s external reserves hit a seven-month low after falling to $38.57bn as of May 25, 2022, figures obtained from the Central Bank ...
News
Nigeria: CBN Asks Banks to Support Companies to Drive FX Inflow
As dollar scarcity continues to bite, the Central Bank of Nigeria (CBN) has urged Nigerian banks to support indigenous companies in order to ...
News
Nigeria: SEC DG says efficient markets demand regular assessment of policies
The efficient functioning of capital markets in the West African Region demands a regular assessment of policies and programs to fit current realities and address the ...
News
Nigeria: MTN Nigeria appoints Mazen Mroue as Non-Executive Director
The board of MTN has approved the appointment of Mazen Mroue as a non-executive director of the company effective from 1st June 2022. ...