Innovation
NITDA – GITEX 2021 Application Closed
Application has now closed for startups bringing innovative initiatives for their pitch in the NITDA – GITEX 2021 competition. Once accepted, the startups ...
News
Nigeria:Loans to Firstmonie agents hit N100 billion – First Bank
First Bank empowers over 114,000 Firstmonie agents with N100 billion loans a year after it launched its agent credit scheme. This was recently ...
Regulatory
Uganda shuts down 2.2 million mobile money accounts
The Uganda Communications Commission (UCC) has revealed in its Market Performance quarterly report that about 2.2 million inactive mobile money accounts were removed ...
Nigeria
Nigerian investment platform Chaka secures $1.5M pre-seed after bagging country’s first SEC license
When Robinhood raised its $3 million seed round in 2013, it was a couple of months old with huge ambitions of democratizing securities ...
News
Nigeria: Emefiele Named ‘Public Sector Icon of the Year’
The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele has been named the ‘Public Sector Icon of the Year’ by Vanguard Newspapers. The ...
Kenya
Kenya: CMA Pushes Kenyan Firms to Acquire Bank-Backed Guarantees in Bond Issue
Kenya’s Capital Markets Authority (CMA) is working on new measures to revive the troubled corporate bond market that will see companies with weaker ...
Regulatory
South Africa: Sabric Cautions Against Accepting Dye-Stained Notes
The South African Banking Risk Information Centre (SABRIC) has cautioned people against accepting dye-stained notes as legal tender, as the onward use and ...
Africa
Africa: Sudan Joins the Smart Africa Alliance
The Republic of Sudan has become the 32nd African country to join the Smart Africa Alliance thus signaling a strong intention to place ...
Nigeria
Nigeria:NCC clarifies on status of Airtel’s operating licence renewal
The Nigerian Communications Commission (NCC) has clarified issues regarding the status of Airtel Nigeria’s operating licence renewal. The Commission in a statement signed ...
Africa
Lesotho:Vodacom M-Pesa becomes VCL Financial Services
M-Pesa division will now operate under a newly set up independent company known as VCL financial Services Vodacom revealed. The move comes on ...