Nigeria
Nigeria: NCC Sets Fresh Operational Fees, Spectrum Prices for Telecom Operators
The Nigerian Communications Commission has set up an annual operating regulatory levy to ensure that all licensees are properly and equitably assessed to ...
Regulatory
Uganda: Non-Performing Loans Increase to 5.4 Per Cent
Bank of Uganda has said commercial banks’ asset quality declined slightly, with the share of non-performing loans increasing to 5.4 per cent from ...
Africa
Africa: Airtel Mobile Money business secures third investment
Airtel Africa has secured another investment for its mobile money business – Airtel Mobile Commerce BV (AMC BV). The African telecoms operator announced ...
Kenya
Kenya’s Central Bank Holds Policy Rate at 7%
Kenya’s Central Bank has retained the benchmark lending rates to commercial banks at seven percent for the 10th consecutive time to support the ...
Egypt
Sawari Ventures invests $3.6M in Egypt grocery delivery platform GoodsMart
GoodsMart, a grocery delivery platform in Egypt has raised $3.6 million led by Sawari Ventures. The funds will be channeled towards market expansion. ...
Egypt
EGYPT : CASH ON DELIVERY DROPS 85% AS CONSUMER TRUST IN DIGITAL PAYMENTS CONTINUES TO RISE – VISA
Egyptian consumers are increasingly stepping away from cash, and putting trust in digital payments during COVID-19, according to 2021 Stay Secure survey. Cash ...
News
NIGERIA : EXCHANGE RATE WILL FALL TO N423/1$, BANK CEOS ASSURES NIGERIANS
The Committee of Banks Chief Executive Officers in Nigeria headed by the CEO of Access Bank, Herbert Wigwe has assured that the exchange ...
News
NIGERIA : NCC INTRODUCES DEVICES TO TACKLE SIM-RELATED CRIMES
The Nigerian Communications Commission (NCC) has instituted a Device Management System (DMS) to tackle SIM boxing and call masking, two acts that are ...
Ghana
Ghana Vice President Praises Central Bank’s CBDC Initiative, Says Digital Currencies Can Boost Intra-African Trade
The Ghanaian Vice President, Mahamudu Bawumia, has implored African governments to start exploring digital currencies as such alternatives have the potential to enhance ...
Innovation
Kenya: Interswitch, sacco sign digital payment deal
Electronic payment company Interswitch Group has inked a deal with K-Unity Sacco to provide its more than 100,000 members secure digital payment solutions. ...
