Africa
Mauritius Telecom Rolls Out Its 5G Network
One month after obtaining a 5G license for mobile telephony, MyT Mobile, Mauritius Telecom’s mobile network, introduced the 5G service in Mauritius. The ...
Innovation
South Africa: SnapScan rolls out peer-to-peer payments
South Africa-based contactless payments platform SnapScan has released an update to its app that allows people to make peer-to-peer payments from its electronic wallet. All ...
Africa
Liberia: CBL Executive Governor and Deputy Re-Inducted Into Office – Aim to Maintain Single Digit Inflation Rate
The Central Bank of Liberia’s (CBL) Executive Governor, J. Aloysius Tarlue, Jr. and Deputy Governor for Economic Policy, Dr. Musa Dukuly, were Wednesday, ...
Africa
Africa: What African States Must Do to Protect and Secure Citizens’ Data
With the growth of technology, data has become one of the most valuable assets in the world. The analysis of data by governments, ...
Nigeria
Nigeria: NCC Sets Fresh Operational Fees, Spectrum Prices for Telecom Operators
The Nigerian Communications Commission has set up an annual operating regulatory levy to ensure that all licensees are properly and equitably assessed to ...
Regulatory
Uganda: Non-Performing Loans Increase to 5.4 Per Cent
Bank of Uganda has said commercial banks’ asset quality declined slightly, with the share of non-performing loans increasing to 5.4 per cent from ...
Africa
Africa: Airtel Mobile Money business secures third investment
Airtel Africa has secured another investment for its mobile money business – Airtel Mobile Commerce BV (AMC BV). The African telecoms operator announced ...
Kenya
Kenya’s Central Bank Holds Policy Rate at 7%
Kenya’s Central Bank has retained the benchmark lending rates to commercial banks at seven percent for the 10th consecutive time to support the ...
Egypt
Sawari Ventures invests $3.6M in Egypt grocery delivery platform GoodsMart
GoodsMart, a grocery delivery platform in Egypt has raised $3.6 million led by Sawari Ventures. The funds will be channeled towards market expansion. ...
Egypt
EGYPT : CASH ON DELIVERY DROPS 85% AS CONSUMER TRUST IN DIGITAL PAYMENTS CONTINUES TO RISE – VISA
Egyptian consumers are increasingly stepping away from cash, and putting trust in digital payments during COVID-19, according to 2021 Stay Secure survey. Cash ...