Ghana
Ghana: Shareholder loans account for GH¢749 million of the GH¢1.2 billion Capital Bank loans – BoG
The BoG has indicated in its inventory report on defunct Capital Bank that loans and advances owed the bank by its stakeholders amounted ...
Morroco
Morocco: Moroccan startup Chari raises bridge round at USD 100 mln valuation
Morocco-based ecommerce startup Chari has raised a bridge round of funding that values the company at USD 100 million, to test the BNPL services with ...
Africa
Ethiopian Airlines plans to cash in on Africa’s e-Commerce boom
Ethiopian Airlines Group has announced plans to ramp up investment in cargo services and infrastructure as it looks to become a logistics hub for ...
Zimbabwe
Zimbabwe: Zimbabwe Signs Agreement Enabling Collection of Taxes From Crypto and E-Commerce Entities
The Government of Zimbabwe has confirmed signing an agreement with Daedalus World Limited which enables the latter to collect taxes from crypto and ...
Nigeria
Nigeria: FG probes online banks over breach of customers’ data privacy
The Federal Government has begun a probe of online banks over their alleged breaches of customers’ data privacy, it has been learnt. The ...
Ghana
Ghana: Telecos Reduce Momo Charges By 25 Percent … to Reduce Impact On E-Levy – Finance Minister
The telecommunications companies in the country have offered to cut mobile money charges by 25 per cent to provide financial relief to subscribers, ...
Africa
CBK Governor Njoroge Mourns Ugandan Counterpart Mutebile as a Diligent Man
Central Bank of Kenya (CBK) Governor Patrick Njoroge has mourned his Ugandan counterpart Emmanuel Tumusiime Mutebile as a man who worked diligently to ...
Zimbabwe
Zimbabwe: RBZ moves to tackle price stability, exchange rate
THE Reserve Bank of Zimbabwe (RBZ) has moved in to address the loss of value of the local currency on the parallel market ...
Nigeria
Nigeria: Over 59 million bank accounts yet to be linked to BVNs
Data from the Nigeria Inter-Bank Settlement System Plc (NIBSS) shows that the total BVN count as at January 16th 2022 has reached 52.1 million. Compared ...
Ghana
Ghana: BoG’s Ghana card directive a step in the right direction – Ghana Association of Banks
Chief Executive Officer of the Ghana Association of Banks (GAB), John Awuah has described the Bank of Ghana’s directive to use the Ghana Card ...
