Zimbabwe
Zimbabwe: RBZ rules out interbank rate
The Reserve Bank of Zimbabwe (RBZ) has ruled out using an interbank-driven exchange rate, saying a rate determined at the foreign currency auction ...
Kenya
Kenya: Current account deficit surpasses CBK forecast
Kenya’s current account deficit ended 2021 above the central bank’s projection on the back of higher than anticipated oil prices, defying record diaspora ...
News
NIPOST launches banking platform, e-debit card
The Nigerian Postal Service (NIPOST), Thursday, added financial inclusion as part of its services to Nigerians, introducing its own e-debit card, agency banking platform ...
News
South Africa: SA’s TallOrder receives additional $3,100,000 Series-A funding
TallOrder Solutions Pty Ltd, a South African developer of advanced cloud-based point of sale (POS) solutions for the small and medium-sized enterprise (SME) ...
Africa
10 Nigerians, 16 Countries Selected for YouTube Black Voice Funds
The leading global search engine operator, Google, says 10 Nigerian creators and 16 from other African countries have been selected to receive the ...
Africa
Crypto adoption in Africa grows by 1200%
Kenya and Nigeria are the main countries that use cryptos. The Crypto adoption in Africa is waged by the economic crisis that each ...
Africa
AfDB bans Kenya Power contractor over graft
The African Development Bank Group (AfDB) has banned Kenya-based CP Power East Africa Limited and its part-owner Dawit Wondwossen from its projects after ...
News
Tanzania: Tanzanian Payments FinTech NALA Raises $10M
NALA, a Tanzanian cross-border payments provider specializing in international money transfers, has raised $10 million in new funding. According to media reports Thursday ...
Nigeria
Nigeria: Senate approves N215.8bn Budget for FIRS in 2022
The Senate on Wednesday approved the sum of N215,811,290,243 billion naira as the budget for the Federal Inland Revenue Service (FIRS) for the ...
Kenya
CBK fails to implement Uhuru cash directive three months on
Commercial banks are yet to comply with a presidential directive requiring a higher limit for customer cash transaction disclosures, citing delays by the ...
