Ghana
Ghana: BoG Report names UMB, 2 others with lowest lending rates to SMEs
Universal Merchant Bank (UMB) has been named among other universal banks with the lowest interest rate on loans offered to small and medium ...
News
Nigeria: FCCPC to Shut down Illegal Money Lending Apps, Platforms
The joint committee tackling violation of consumer rights in the money lending industry will shut down illegal businesses at the commencement of its ...
Africa
Africa: Egyptian, Zimbabwean blockchain startups invited to apply for incubation programme
Blockchain startups from Egypt and Zimbabwe have been invited to apply for the Africa Blockchain Incubation Programme, aimed at encouraging creativity and ideas ...
Kenya
Kenya: Court stops CBK order on Imperial Bank liquidation
The High Court has temporarily stopped the liquidation of collapsed Imperial Bank after billionaire businessman Ashok Doshi and his wife Amit sued over ...
News
Nigeria: Currency swap: CBN sells 3.69bn yuan in three years
The Central Bank of Nigeria has said it sold 3.69 billion yuan from the inception of the currency swap deal with China to ...
Kenya
Kenya: Banks report CBK to IMF over lending rates freeze
Multiple bank executives have protested to the International Monetary Fund (IMF) over the Central Bank of Kenya’s (CBK) reluctance to approve lenders’ applications ...
News
Tanzania: NMB Bags 2021 Tanzania’s Safest Bank Award
NMB Bank Plc has once again proved its market leadership, unrivaled financial stability and readiness to serve the country after scooping the safest ...
Intelligence
Nigeria: Electricity, banking, aviation top 2021 consumer complaint chart — FCCPC
The Federal Competition and Consumer Protection Commission (FCCPC) says electricity has again topped its 2021 consumer-related complaints chart just like in 2020. The ...
Intelligence
Zimbabwe: Telecoms Sector Maintains Growth
Zimbabwe’s telecoms and postal services maintained a growth trajectory during the third quarter to September 30, 2021 on the back of strong performances ...
Africa
Algeria: Electronic Payment – Over Two Million Commercial Transactions Recorded in 2021
Algerian Prime Minister and Minister of Finance, Aïmene Benabderrahmane has disclosed that during the year 2021, more than two million “commercial operations via ...