Intelligence
Nigeria: Competition by banks, fintechs drive consumer loans up 43% to N1.8trn
Bank customers enjoyed a 43 per cent increase in consumer loans in two years, as banks and fintechs intensified competition for the lucrative ...
Ghana
Ghana: Most Insurance Firms to meet Minimum Capital Requirement Before December 31st Deadline – NIC
The National Insurance Commission (NIC) Ghana, has revealed that most insurance companies have recapitalised, ahead of the 31st December, 2021 deadline in meeting ...
Africa
African Development Fund grants $1.5 million to Smart Africa Alliance to strengthen the policy environment for digital trade and e-commerce across Africa
Smart Africa will consult public and private sector actors to develop an online training program that will directly benefit 600 stakeholders The Board ...
Africa
Africa: Google Announces Investment in SafeBoda Transportation App
Google has announced its first investment from the Africa Investment Fund in SafeBoda, a transportation-led app, to help expand its growth in Nigeria ...
Africa
Africa’s health-focussed Medical Credit Fund to support healthcare providers across sub-Saharan Africa
Medical Credit Fund (MCF), Africa’s only debt facility dedicated to the health sector has completed a €32.5 million fundraise for its second MCF ...
Africa
Africell Angola activates new mobile network
Angola’s newest and fourth network operator, Africell, has made its first call on the mobile network ten months after being granted a telecommunications ...
Kenya
Kenya receives second tranche of Sh29.2 billion loan from IMF
Kenya has received $258 million (Sh29.2 billion) from the International Monetary Fund (IMF) that is likely to give critical support to the free-falling ...
Ghana
Ghana: MTN, AirtelTigo agree to reduce E-Levy charges to cushion customers
Telecommunications giants MTN and AirtelTigo have agreed to revise downwards charges on person-to-person electronic transfers in the face of the impending Electronic Transactions ...
Nigeria
Nigeria: CBN approves appointment of new chairman for FirstBank
The Central Bank of Nigeria (CBN) has approved the appointment of Alhaji Ahmad Abdullahi as non-executive Director of First Bank Holding Plc and Chairman of ...
News
Nigeria: FEC Okays Nigeria Startup Bill
The Federal Executive Council (FEC) rose from its weekly meeting last Friday at the State House, Abuja with an approval of the Nigeria ...

