Egypt
EGYPT : CENTRAL BANK OF EGYPT JUSTIFIES INFLATION HIKE DURING JULY 2021
Egypt’s annual headline urban inflation increased to 5.4% in July 2021, compared to 4.9% in June 2021, mainly affected by unfavorable base effects. ...
Kenya
Kenya: InsurTech Turaco and M-Kopa increase insurance penetration
Turaco and M-KOPA celebrate a key milestone of insuring over 16,000 emerging market consumers in Kenya through their partnership which aims to provide M-KOPA customers and ...
Africa
Wazo Challenge East Africa open for applications for tech entrepreneurs across Eastern Africa
Hindsight Ventures, the Africa focussed vertical of Startup Réseau, has announced Wazo Challenge East Africa as it’s latest program catering to tech entrepreneurs in the ...
Nigeria
Nigeria: NITDA, SON in strategic move to raise the bar on IT standards in Nigeria
A new dawn for IT standards is set to emerge with the readiness for synergy and cooperation between the National Information Technology Development ...
Africa
78% of retail SMEs in MEA region optmistic about future – study
Recent data has revealed that Small and Medium Enterprise (SME) confidence across most sectors is on the rise, despite the impact of the ...
News
South Africa: SA Internet Providers Decry Regulator’s ‘Too Many Roles’
THE Internet Service Providers’ Association of South Africa (ISPA) is advocating for legislature to reduce the role of the Independent Communications Authority (ICASA). ...
News
Naira: Exchange rate determined by forces of demand and supply – CBN
The Deputy Governor, Corporate Services Department of the Central Bank of Nigeria (CBN), Mr Edward Adamu, has attributed the depreciation in the value ...
Nigeria
Nigeria: NITDA Imposes N10 Million Fine On Soko Loan For Data Privacy Invasion
The NATIONAL Information Technology Development Agency (NITDA) has imposed a sanction of N10 million on an online lending platform, Soko Lending Company Limited ...
Regulatory
Tanzania: Court Orders Standard Chartered to Pay 150m/ – Damages to Banker
THE High Court in Dar es Salaam has ordered Standard Chartered Bank and Petromark Africa Limited to pay 150m/- damages to a banker ...
News
NIGERIA :FIRS APPEALS COURT JUDGMENT ON VAT
The Federal Inland Revenue Service (FIRS) said it has appealed a recent judgment of the Federal High Court in Port Harcourt, Rivers state, ...