News
Nigeria: CBN, SEC sanction five banks over forex offence, money laundering
In line with regulatory rules, banks are required to include sanctions and fine imposed on them by regulatory agencies in their audited financial ...
Kenya
Safaricom defends dominance in row with Airtel Kenya
Safaricom has defended itself once again against accusations by its rival Airtel Networks Kenya that it is abusing its market dominance and stifling ...
News
Nigeria: DIGITAL FINANCIAL INCLUSION-CBN targets 25,000 women, youths in fresh push
In its drive to ensure the Digital Financial Inclusion (DFI) of women and youth across Nigeria, the Central Bank of Nigeria (CBN) has ...
Nigeria
Payhippo raises $3 million in seed funding to extend quick loans to SMEs
Nigeria’s lending startup Payhippo has raised $3 million in a seed round, funding the company plans to use in sourcing the talent needed to optimize ...
Ghana
Ghana: ADB MD, Bank Win 2 Awards At Ghana Business Awards
The Managing Director of the Agricultural Development Bank, Dr John Kofi Mensah, has been honored as the Public Sector Chief Executive Officer at ...
Africa
Malawi: Finance Minister Mlusu Advises Public to Report to RBM If Banks Passes On VAT to Customers
Malawi’s finance Minister Felix Mlusu has advised the public to report to the Reserve Bank of Malawi (RBM) if they discover that their ...
News
Nigeria’s Telecom Regulator to Engage Stakeholders on 5G Roll Out
Nigeria’s telecom industry’s regulator, the Nigerian Communications Commission will host a stakeholder engagement forum as part of activities lined up for the implementation ...
Kenya
Telkom Kenya expands mobile data network with Ericsson and NEC XON
Telkom Kenya, and its partners, Ericsson and NEC XON, have signed a Memorandum of Understanding to expand Telkom’s mobile data network by adding ...
Intelligence
Nigeria: CBN disbursed N145 billion under its non-oil export stimulation facility
The Central Bank of Nigeria has disbursed a total of N145.99 billion under its Non-Oil Export Stimulation Facility (NESF). This was disclosed in the CENTRAL BANK ...
Kenya
Kenya electric mobility startup Opibus to scale offering with $7.5m raise
Opibus designs and manufactures electric vehicles locally, and has customers across 6 African countries Leading Swedish-Kenyan electric vehicle company Opibus has closed a $7.5 million ...