Regulatory
Bank of Tanzania gives ‘all-clear’ to fourth bureau de change
The Bank of Tanzania (BoT) has awarded a licence to a fourth bureau de change since closure of most of them in 2018. ...
Kenya
Kenya: CBK approves liquidation of Imperial Bank
The Central Bank of Kenya (CBK) has approved the liquidation of collapsed Imperial Bank, setting the stage for the sale of the lender’s ...
Regulatory
Uganda tops Africa in Electricity Regulation – AfDB
For the fourth consecutive year, Uganda’s electricity sector is Africa’s best regulated across a number of key metrics, according to the African Development ...
Innovation
Nigeria: CBN is developing eNaira to function offline
The Central Bank of Nigeria (CBN) is working on offline use for eNaira, which will help onboard those who don’t have access to ...
News
Nigeria: Access Bank announces restructure into non-operating financial holding company
The Chairman of Access Bank Plc has issued a letter to all shareholders of Access Bank informing them about the restructuring of the ...
Nigeria
Nigeria: Sterling Bank Obtains AIP for Standalone Islamic Banking Licence
Sterling Bank Plc has informed the Nigerian Exchange and investing public that the tier-2 lender has gotten approval –in principle from the Central ...
Africa
CinetPay gets $2.4 million boost to advance digital payments in Francophone Africa
Pan-Africa focused Venture Capital firm 4DX Ventures and fintech, Flutterwave, have co-invested $2.4 million in digital finance platform CinetPay, to advance its business ...
Ghana
Ghana: Insurance Commissioner Adjudged CEO of the Year
The Commissioner of Insurance and Chief Executive Officer of the National Insurance Commission (NIC), Dr Justice Ofori, has been adjudged the Chief Executive ...
Africa
Meta Unveils its ‘Africa Year in Review’ for 2021
The infographic highlights key Meta successes and milestones across the region, whilst reinforcing its continued commitment to Africa. Meta (https://about.facebook.com/Meta/) today released its ‘2021 Africa ...
Africa
African Development Bank’s Technologies For African Agricultural Transformation Program Receives Gold Stevie® Award in 2021 International Business Awards®
In recognition of the institution’s digital campaign showcasing its Technologies for African Agricultural Transformation (TAAT) initiative The African Development Bank (www.AfDB.org) received a ...
