Africa
ICC and Africa investor launch global eTrade partnership to digitise five million SMEs in Africa
The International Chamber of Commerce (ICC) and Africa investor (Ai) are joining forces to launch a digitally empowered eTrade initiative to enable the ...
Africa
Africa’s economy to dip by 3.4% this year – AfDB President, Akinwumi Adesina
Africa’s economic growth this year will decline by 3.4% as a result of the challenges of the Covid-19 pandemic, the President of the ...
Nigeria
Nigeria’s diaspora remittance inflows could rise to $2bn monthly — Emefiele
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said that following the introduction of the new Diaspora Forex Remittances ...
Mozambique
New Papersoft’s solution will revolutionize the distribution of digital services in Africa
Papersoft launched a new product that will revolutionize the Agency Banking and Agent Networks channels across Africa. The product was launched with the ...
Ghana
Ghana among top 3 African markets in infrastructure investments
A total of $7.9 billion of investments involving private participation in infrastructure since the year 2000 put Ghana among the top three Sub-Saharan ...
Nigeria
Cost of providing banking services too high – CBN
THE Central Bank of Nigeria (CBN) has advises banks and other financial institutions to reduce the cost of providing banking services to their ...
Nigeria
Fintech space grew 800% during COVID-19 as CBN lists pandemic lessons
Fintech space grew 800% during COVID-19 as CBN lists pandemic lessons Despite the pandemic, the Financial Technology (Fintech) payment space in Nigeria grew ...
Nigeria
CBN charges stakeholders on implementation of framework on financial inclusion gender gap
The Deputy Governor, Financial System Stability, CBN, and Chairperson of the National Financial Inclusion Technical Committee, Mrs. Aisha Ahmad, has charged stakeholders ...
South Africa
Cheques will no longer be supported from January in South Africa as Reserve Bank pulls the plug
The South African Reserve Bank has announced that cheques will not be supported by the country’s national payment system from 1 January. The ...
Kenya
Value of agency banking in Kenya jumped up by 18.75% marking Sh900bn increase
The value of agency banking transactions jumped by 18.75 percent to Sh5.7 trillion in the year ended June 2020, new Central Bank of ...