Africa
Discover Global Network, Flutterwave to extend payment acceptance for African merchants
Discover Global Network and Flutterwave have signed an agreement that will support the expansion of online payments acceptance for both African and international ecommerce merchants. Flutterwave’s ...
Nigeria
Nigeria: CBN threatens license revocation for microfinance banks trading in FX
Microfinance banks operating beyond the scope of their license will have their license revoked, the Central Bank of Nigeria (CBN) has warned. In ...
Kenya
Kenya: Boost for e-Commerce as Pesapal Meets Regulatory Requirements in Kenya and Tanzania
E-commerce and payment gateway Pesapal Limited has received accreditation as a Payment Service Provider in Kenya and an Application Service License for Tanzania. ...
News
Tanzania: Mobile Transactions Levy to Fetch 5Tr/ – in Five Years
Tanzania’s Speaker of the National Assembly Job Ndugai has said the government will collect 5tri/- to finance social services in the next five ...
Africa
Namibia: Overall Inflation for 2021 Now Projected to Average Around 3.9 Percent – Central Bank
The governor, Central Bank of Namibia, Johannes Gawaxab in a recent Monetary Policy announcement, disclosed that the country’s overall inflation is projected to ...
Kenya
Tanzania: Equity Named Best Regional Bank in 2021
EQUITY Group has been named the Best Regional Bank in East Africa by the 2021 African Banker Awards thanks to strong and consistent ...
Ghana
Bank of Ghana to Tighten Monetary Policy as Growth Pressures Ease
The Central Bank of Ghana is expected to shift to moderate policy tightening in 2022, and hike the monetary policy rate (MPR) by 100 ...
News
Nigeria: FIRS targets N5trn tax from Twitter, other digital platforms
The Executive Chairman of the Federal Inland Revenue Service (FIRS), Mohammed Nami, has said that the impending registration of Twitter and other social media ...
Africa
Central Bank of Somalia Launches New Payment System, Reveals Plans to Print New Shilling Banknotes
The Central Bank of Somalia (CBS) recently announced the setting up of a national payments system which it says will enable the country’s ...
Africa
Africa: AfCFTA Youth Creative Competition – Apply
A creative youth competition on African Continental Free Trade Area (AfCFTA) for young people in Africa as well as those in the Diaspora with African ...