Africa
Namibia: Forex Dealer to Face 365 Charges
Foreign currency dealer Michael Amushelelo and his business partner Gregory Cloete have made a first pretrial appearance in the Windhoek High Court, where ...
Egypt
EGYPT: REMITTANCES RECORD $31.4BN IN FY 2020/21 – CENTRAL BANK OF EGYPT
The Central Bank of Egypt (CBE) said that remittances from Egyptians working abroad increased by about $3.7bn (13.2%) during fiscal year (FY) 2020/21, ...
Africa
UN Calls on Nigeria, Others to Tighten Cybersecurity Regulations
The International Telecommunications Union (ITU), the global telecommunications arm of the United Nations (UN) has called on the government of Nigeria, and other ...
Kenya
Safaricom in $300 million Kenya Power smart meter deal
Kenyan telecoms operator Safaricom, has submitted a proposal to Kenya Power for the installation of a $300 million smart meter system, in a deal aimed ...
News
Nigeria: Access Bank’s oversubscribed $500 million bond may help strengthen exchange rate
Access Bank Plc has successfully launched a $500 million Unsecured Eurobond, as part of its Global Medium-Term Note Programme. The deal drew huge ...
Africa
Nigeria, two others have highest weights at bond market -IMF
Nigeria, Egypt, and Ghana have been said to have the highest weight at the emerging bond market index. This was according to a ...
Nigeria
Nigeria: Ride-hailing giant Didi plans to launch in Nigeria
China’s leading ride-hailing company, Didi will be launching in Nigeria soon. Founded in 2012, Didi is China’s dominant ride-hailing service, with 550 million ...
News
Nigeria: CBN Retains Interest Rate at 11.5%
The Central Bank of Nigeria says it has retained its benchmark rate at 11.5 per cent, and other key monetary policy parameters. The CBN governor, ...
News
Nigeria: DMO finalizes plan to restructure CBN’s N10trn overdrafts to govt
The Debt Management Office (DMO) is working out the process of restructuring the well over N10trillion overdrafts of the Central Bank of Nigeria (CBN) for government financing ...
Nigeria
Nigeria: Flutterwave partners with Currencycloud
Flutterwave, a US-based payment technology company, has teamed up with payment service provider, Currencycloud, in order to accelerate the launch of their payment network ...