Nigeria
NITDA calls for entries for world creativity and innovation day 2021 innovation challenge
The National Information Technology Development Agency (NITDA) as part of the United Nations’ World Creativity and Innovation Day 2021 is organizing an Innovation Challenge with ...
South Africa
South Africa Telco MTN Targets $5 Billion For Mobile Money Expansion
South Africa-based MTN, the mobile phone company, has plans to value its mobile money arm at over $5 billion, a report from Financial Times (FT) says. ...
Ghana
DreamOval obtains PSP licence from BoG
DreamOval Limited, an African fintech company, recently obtained its enhanced Payment Services Provider (PSP) licence from the central bank of Ghana. The Payment ...
Rwanda
Rwandan electric motorcycle startup Ampersand raises $3.5m funding
Rwandan electric motorcycle company Ampersand has secured a US$3.5 million investment from the Ecosystem Integrity Fund (EIF) in order to scale its operations. ...
Africa
Central Africa- Equity Bank Secures $100 Million to Expand in East and Central Africa
AFDB facility will support Equity’s expansion in East and Central Africa and ensure MSMEs have access to capital to recover and thrive in ...
Africa
P2P Bitcoin Trade Volumes Surge in Kenya and Ghana but Nigeria Still Dominates
According to new data, peer-to-peer (P2P) bitcoin trade volumes in Kenya and Ghana surged in Q1 of 2021, with the two countries now ...
Nigeria
Nigeria’s SEC warns investment platforms to stop trading ‘unregistered’ foreign securities
In a circular released by Nigeria’s capital market regulator SEC, investment platforms providing access to foreign securities might be treading on dangerous grounds. According to ...
Nigeria
Nigeria-CBN Gets Court Order to Freeze 193 More Bank Accounts
The Central Bank of Nigeria (CBN) has obtained three different court judgments from the Federal High Court, Abuja to freeze an additional 193 ...
Kenya
Uber expands ride-hailing services in Kenya
Uber has now expanded its ride-hailing services and online food delivery business to Kenya’s fourth-largest town with over half a million residents according ...
Zimbabwe
Zimbabwe- First Capital Bank’s U.S.$ Deposits Surge to $3.7b
Leading financial services provider, First Capital Bank’s (FCB) sound management practices coupled with the obtaining exchange rate stability has prompted its foreign currency ...