Africa
Africa: TREEPZ EXPANDS TO EAST AFRICA, ACQUIRES UGABUS AND CLOSES ITS SEED ROUND AT $2.8M WITH NEW INVESTORS
In a bid to digitize the public transportation system and provide safer, reliable and comfortable commute options across Africa, Toronto-based shared mobility company, ...
News
Nigeria: CBN to bar customers on watchlist from using banks, accessing loans
The Central Bank of Nigeria (CBN) has stated that individuals under its watchlist may be barred from entering a new relationship with any ...
Africa
FSD Africa expands insurtech accelerator program to Ghana and Nigeria
FSD Africa is set to launch insurtech accelerator programs in Ghana and Nigeria next year to promote innovations that will drive the uptake ...
News
Nigeria: Net foreign exchange inflow rose to $2.77bn July – CBN
The net foreign exchange inflow into the Nigerian economy, according to the CBN’s report on forex flows, rose slightly to $2.77bn in July from $2.27bn ...
Africa
Namibia’s MTC lists on the stock exchange
Namibia’s Mobile Telecommunications Limited (MTC) listed on the Namibian Stock Exchange (NSX) on 19 November 2021, after raising about N$2,5 billion at the ...
Innovation
Tanzania: Mwinyi sees more Financial Inclusion as CRDB Launches Islamic Banking
Tanzanians now have a new option in fulfilling their banking needs in a manner that aligns with Muslims’ religious beliefs – thanks to ...
News
Nigeria: CBN Releases Fresh Guidelines For Agricultural Credit Guarantee Scheme
The Central Bank of Nigeria (CBN) has released fresh operational guideline for participants and operating institutions under its Agricultural Credit Guarantee Scheme Fund ...
Intelligence
Rwanda: Remittances to Rwanda Estimated to Reach $246 Million This Year
Remittance inflows to Rwanda for 2021 are estimated at around $246 million after a drop to $241 million in 2020 as a result ...
Ghana
Ghana to introduce electronic transaction tax in 2022 budget
Ghana’s finance minister Ken Ofori-Atta has announced that the government intends to introduce an electronic transaction levy (e-levy) in the 2022 budget. He said this ...
Africa
Winners at the 2021 Africa’s Business Heroes announced
Winners of the 2021 Africa’s Business Heroes (ABH) were announced on the 18th of November during a virtual live Grand Finale where US$1.5 million grant funding was awarded to the ...