Africa
TEF Opens 2022 Application for Entrepreneurship Programme
The Tony Elumelu Foundation (TEF), one of the leading philanthropies empowering young African entrepreneurs across all 54 African countries, has opened applications for ...
Africa
Access Bank plans presence in major trade centres in Africa
Access Bank Plc, has disclosed that its expansion plans in Africa is aimed at having presence in major trade centres in Africa and ...
Africa
AfDB approves €10.5m in tech start-up fund across sub-Saharan Africa
The Board of Directors of the African Development Bank Group has approved an equity investment pool of €10.5 million toward the first close ...
Nigeria
Nigerian edtech startup, Teesas raises $1.6 million in a pre-seed funding round
Nigerian edtech startup, Teesas launched less than two months ago has raised $1.6 million in a pre-seed funding round. The round was led ...
Kenya
Kenya: Safaricom oppose CA’s new interconnection rates
Safaricom is appealing the decision by the Communications Authority of Kenya (CA) to cut the mobile termination rate (MTR) by 88 per cent, ...
Egypt
Egypt Launches Insurance Service for Expats As of Jan. 2022
Minister of State for Emigration and Egyptian Expatriates’ Affairs Nabila Makram announced on Monday that Egyptian expatriates will be able to be covered ...
News
Nigeria: SEC warns investors against new Ponzi scheme
Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC), has alerted the investing public that a firm known as Poyoyo Investment (Pilvest) ...
Kenya
Kenya: IFC signs deal to insure Bank of Africa SME loans
The International Finance Corporation (IFC) has signed a deal to provide Bank of Africa Kenya with cover against losses on loans to SMEs ...
Regulatory
Uganda: BoU upgrades Postbank to Tier One category for Banks
Postbank bank Uganda, as mandated by the law, shall no longer be categorized as a credit institution but as a deposit taking financial ...
Ethopia
Ethiopia: Nation Distributing Digital ID for Advanced National, Continental Services
Aimed at delivering advanced social, health and economic services Ethiopia is working on distributing digital ID cards to its citizens. Last week, Ministry ...