Egypt
EGYPT : CENTRAL BANK OF EGYPT SETS UNIFIED DEFINITIONS FOR ACTIVE, DORMANT BANK ACCOUNTS
The Central Bank of Egypt (CBE) has set unified definitions for active and dormant bank accounts in the local market, in light of ...
Innovation
SOUTH AFRICA: BANK ZERO IS OPEN FOR BUSINESS
Digital-only Bank Zero has officially launched for public access on Tuesday. The group said it will take a staggered approach to its public ...
Nigeria
CBN: Digital Currency Would Be Critical National Infrastructure
The Central Bank of Nigeria (CBN) has said its proposed digital currency, known as e-Naira, will be treated as a critical national infrastructure ...
News
CBN’s Targets Double-digit Economic Growth, Single-digit Inflation before 2024 – Emefiele
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has stated that the nation’s apex bank has set a target ...
Innovation
Nigeria: Fidelity Bank unveils digital innovations
Fidelity Bank Plc says it has introduced new digital innovations designed to improve customer experience and engagement in the Nigerian banking sector. According ...
Africa
Morocco, Kenya and Ghana to be the fastest-growing major economies in Africa in 2021 – GlobalData
Having witnessed its worst recession in half a century in 2020, Africa’s economy is forecast to grow at a healthy pace of 3.8% ...
Nigeria
Nigeria-based anti-counterfeiting startup, Chekkit raises $500k pre-seed funding
Nigeria-based anti-counterfeiting startup, Chekkit Technologies, has announced a $500,000 pre-seed round as it looks to expand its team and technological infrastructure. As contained in ...
News
CBN move to boost gas utilisation with N250B
The Federal Government and the Central Bank of Nigeria (CBN) have announced an N250 billion intervention fund to expand gas utilisation in the ...
News
Tanzania: LHRC Challenges Mobile Money Levy Law
The Legal and Human Rights Centre (LHRC) has filed a case opposing the new levies on mobile money transactions. In an effort to ...
Ethopia
Ethiopia: Reaching the Poor Through Financial Inclusion
Ethiopia is one of the least urbanized countries in the world with almost 80 percent of its population dwelling in the rural part ...