Africa
5 African startups win award at the Siemens Stiftung competition for e-mobility solutions
The Siemens Stiftung competition on electric mobility solutions made in Africa for Africa awarded 5 outstanding Africans with prize money ranging from €10,000 ...
Africa
Somalia: Visa launch first financial card payment service
In conjunction with the International Bank of Somalia, Visa has launched Somalia’s first Visa card payment service. Both entities claim the partnership would ...
Africa
Djibouti set to sell stake in state owned telecom firm
Government authorities in Djibouti have announced plans of selling some of their stake in the state-run telecoms monopoly, Djibouti Telecom. The move reflects ...
Africa
Malawi: NBS Bank Revamps Digital Banking Platform
Malawi’s leading financial institution NBS Bank has upgraded its digital banking platform to provide easy banking solutions for both customers and prospective customers. ...
Ghana
Ghana introducing CBDC pilot project
The Bank of Ghana has announced plans to test a central bank-based currency (CBDC) by the end of Q3 2021. The deputy governor ...
News
Tunisia: Banque De France Conducts Successful Experiment On Use of Bct Digital Money With Consortium of Actors Driven By Liquidshare
Tunis/Tunisia — The Banque de France successfully carried out on June 18-25 a fifth experiment on the Central Bank of Tunisia digital currency ...
Mozambique
Bank of Mozambique Fines Standard Bank for Fraudulent Practices
Maputo — Following an on-site inspection, the Bank of Mozambique on Monday fined one of the country’s largest commercial banks, Standard Bank, 290.1 ...
News
Nigeria: CBN Develops Scheme To Reduce Graduate Unemployment
The Central Bank of Nigeria (CBN) on Monday said it was developing a Tertiary Institutions Entrepreneurship Scheme (TIES) to re-orientate, train and finance ...
Ghana
Ghana’s Central Bank to Pilot CBDC in September, Calls It ‘Cash on Its Own’: Report
The Bank of Ghana (BoG) is looking to pilot its central bank digital currency (CBDC) in two month’s time. BoG First Deputy Gov. ...
Uganda
Nita-U Launches Cyber Security Awareness Campaign
Kampala, Uganda — The National Information Technology Authority Uganda has today (July 08) launched a Cyber Security Awareness Campaign dubbed ‘be safe online’ ...
