Chinese-backed and Africa-focused fintech company OPay raised $400 million in new financing led by SoftBank Vision Fund 2, Bloomberg reported Monday, valuing the company at ...

The Federal Inland Revenue Service(FIRS) has told taxpayers in the country to continue to pay their Value Added Tax (VAT) to it in ...

Lagos and Toronto-based mobility startup Plentywaka has raised a $1.2 million seed round to scale its operations, a month after completing the Techstars Toronto ...

Twenty commercial banks and five merchant banks’ profits dropped by N482 billion in 12 months over N9.5 trillion cash restriction policy implemented by ...

ZAR X faces possible cancellation of its licence in three months due to non-compliance with liquidity and capital adequacy requirements The Financial Sector ...

Rwanda Utilities Regulatory Authority (RURA) has ordered local telecommunications company MTN Rwandacell Plc to solve all problems related to its call services. In ...

Awabah, the Nigeria-based startup providing pension access to Africa’s informal sector, has been accepted into the Techstars London accelerator programme. The company broke ...

President Akufo-Addo has charged the newly constituted Governing Board of the Bank of Ghana (BoG) to investigate the high-interest rates charged on loans by commercial ...

Sterling Bank, regarded as Nigeria’s most technologically advanced financial institution has partnered with the global accelerator program, Founder Institute (FI), to connect early-stage founders in ...

NIRSAL Microfinance Bank (NMFB) has disbursed a total of N439.74 billion to 711,706 beneficiaries under the Agribusiness/Small and Medium Enterprises Investment Scheme (AGSMEIS) and ...