News
Standard Bank unveils plan to become a digital ‘platform’ company
Standard Bank will within years transform into a marketplace where clients can also access rivals’ products and a variety of services beyond just banking, ...
Nigeria
Nigeria: CBN pegs microfinance banks loan per transaction at N1m
The Central Bank of Nigeria (CBN) has pegged maximum loan limit for Microfinance Banks (MfBs) at N1 million per transaction. The apex bank ...
Africa
MENA mobility provider Swvl acquires Shotl in expansion to Europe, LATAM and APAC
MENA mass transit and mobility solutions provider Swvl has announced plans of acquiring a controlling interest in Shotl, a mass transit platform partnering with corporations and ...
Africa
8 African fintech startups selected for GreenHouse Lab accelerator programme
Eight African fintech startups have been selected to participate in the latest edition of the GreenHouse Lab accelerator, securing access to funding and ...
Africa
Discover Global Network, Flutterwave to extend payment acceptance for African merchants
Discover Global Network and Flutterwave have signed an agreement that will support the expansion of online payments acceptance for both African and international ecommerce merchants. Flutterwave’s ...
Nigeria
Nigeria: CBN threatens license revocation for microfinance banks trading in FX
Microfinance banks operating beyond the scope of their license will have their license revoked, the Central Bank of Nigeria (CBN) has warned. In ...
Kenya
Kenya: Boost for e-Commerce as Pesapal Meets Regulatory Requirements in Kenya and Tanzania
E-commerce and payment gateway Pesapal Limited has received accreditation as a Payment Service Provider in Kenya and an Application Service License for Tanzania. ...
News
Tanzania: Mobile Transactions Levy to Fetch 5Tr/ – in Five Years
Tanzania’s Speaker of the National Assembly Job Ndugai has said the government will collect 5tri/- to finance social services in the next five ...
Africa
Namibia: Overall Inflation for 2021 Now Projected to Average Around 3.9 Percent – Central Bank
The governor, Central Bank of Namibia, Johannes Gawaxab in a recent Monetary Policy announcement, disclosed that the country’s overall inflation is projected to ...
Kenya
Tanzania: Equity Named Best Regional Bank in 2021
EQUITY Group has been named the Best Regional Bank in East Africa by the 2021 African Banker Awards thanks to strong and consistent ...
