News
Nigeria: EFCC arraigns ex-bank director over alleged N26.6bn fraud
The Economic and Financial Crimes Commission (EFCC) yesterday arraigned a former director of the defunct Bank PHB, Mr. Funmi Adenmosun, at a Federal ...
Kenya
Kenya: Kenyan eCommerce firm Copia raises $50 million Africa expansion
Kenyan-based mobile commerce platform and goods distributor Copia Global has raised $50 million from investors to fund its expansion into the rest of Africa, the ...
Africa
Africa: Netflix injects $1 million towards scholarships in Africa
The world’s leading entertainment streaming service, Netflix, has committed US$1 million towards the newly-established Netflix Creative Equity Scholarship Fund (CESF) for film and TV students ...
Ghana
Ghana: BoG issues inventory report on assets and liabilities of defunct Heritage Bank
The Bank of Ghana has issued an inventory report detailing the assets and liabilities of defunct Heritage Bank Limited as at January 4, 2019 when ...
Africa
4th Annual Ghana Tech Summit. An initiative hosted by the Global Startup Ecosystem in partnership with Google, Facebook, Uber, Twitter, IBM, Microsoft.
Global Startup Ecosystem (GSE) Announces the Metaverse Edition of Ghana Tech Summit which aims to be Africa’s first and largest Metaverse gathering! The program is ...
Nigeria
Nigeria: DPO Group granted regulatory licence to provide payments services in Nigeria
DPO offers merchant aggregation services to over 60,000 active merchants, including eCommerce companies, airlines and travel agents One Payment Limited, a subsidiary of ...
Africa
SA: Severus drives African leadership with the launch of limited edition ‘African Hero’ NFT collection
The African Hero NFT collection launches 21 January 2022, at 7pm UTC on popular NFT marketplace, OpenSea The new cutting-edge fintech platform Severus (www.Severus.finance) is ...
Nigeria
Nigeria: Loan repayments, dividend payout force capital outflow from Nigeria – CBN
The Central Bank of Nigeria (CBN) has stated that the financial and manufacturing sectors caused the jump in Nigeria capital outflow. This was ...
Kenya
Kenya: CBK Report Reveals How Kenyans Earn in Diaspora Jobs
A new report released by the Central Bank of Kenya (CBK) has revealed how Kenyans in Diaspora make their money that at times run into ...
Nigeria
Nigeria: IMF proposes $50bn trust fund for Nigeria and others
In an effort to build resilience to balance of payments shocks, The International Monetary Fund (IMF) has proposed a $50bn trust fund for ...
