Kenya
Kenya: Safaricom waives M-Pesa fees for Sh1bn drought funds
Safaricom will wire Sh1 billion government funds to households in drought-stricken counties free of charge through its mobile money platform M-Pesa. The deal with ...
News
Zimbabwe: RBZ Maintains Policy Rate At 60 Percent
The Reserve Bank of Zimbabwe (RBZ) Monetary Policy Committee (MPC) has maintained the bank policy rate at 60% amid other measures aimed at ...
Egypt
Egyptian Fintech Sympl Raises $6m for Its ‘Save Now, Pay Later’ Service
Buy now, pay later (BNPL) offerings have existed for a long time, but increased in popularity as the pandemic made more people shop ...
Africa
Namibia: RMB, FNB Namibia Bag Best FX Provider Award
Renowned Global Finance magazine has named RMB and FNB Namibia the best foreign exchange provider in Namibia. The bank was recognised as one ...
News
Nigeria: Reps charge Immigration & NIMC to automate passport, national ID issuance
The House of Representatives has called on the Federal Government to streamline the services of Nigerian embassies and high commissions and the charges ...
Africa
Building for the future of Africa’s energy industry takes the spotlight on Day Two of the US-Africa Energy Forum
Technological advancement in energy is a guaranteed force of change in the coming years and with the global focus on addressing issues of ...
Nigeria
Nigeria: uLesson raises $15,000,000 Series-B investment from Nielsen Ventures, others
Nigerian education technology company, uLesson, has announced its $15,000,000 Series-B investment. uLesson now has a record of being the first African edtech company ...
News
Nigerians will pay 7.5% VAT on Facebook ads from Jan 1
Facebook (now Meta) has issued a notification that Nigerians will pay 7.5 percent value-added tax (VAT) on all ad placements from January 1, 2022. ...
Africa
SEON partners with two African neobanks
Hungary-based online fraud fighters SEON has announced new partnership agreements with two African neobanks, Carbon and FairMoney. With SEON’s help, both companies will now be able to improve ...
News
Nigeria: Construction sector caused the surge in non-performing loans – CBN
The Central Bank of Nigeria (CBN) has stated that the construction sector’s loan default was to blame for the surge of non-performing loans. ...
