News
SA: Access Bank Secures $159 Million Deal to Acquire Bidvest Bank, Expanding Presence in South Africa
Access Holdings, through its banking subsidiary Access Bank Plc, has announced a definitive agreement to acquire 100% equity in Bidvest Bank, a leading ...
Nigeria
Nigeria: Tax Reforms Bill Fails to Address Nigeria’s Regional Disparities – Report
A recent survey by SBM Intelligence has criticized the federal government’s proposed tax reforms, arguing that they fail to consider the unique socioeconomic ...
Nigeria
Nigeria: NITDA Flags X and TikTok for Tax Non-Compliance in Nigeria
The National Information Technology Development Agency (NITDA) has accused social media platforms X (formerly Twitter) and TikTok of failing to meet tax filing ...
Ghana
Ghana: CBG Resumes Forex Operations After BoG Lifts Suspension
Consolidated Bank Ghana (CBG) has resumed its foreign exchange trading operations following the lifting of a month-long suspension of its forex trading license ...
Ghana
Ghana: Effective Policies Key to Unlocking AI’s Potential – Bank of Ghana
Intersection between AI, Productivity, and Growth in Emerging Countries’, he outlined strategies for integrating AI into development frameworks. “For countries like Ghana, implementing ...
Africa
African Banks Brace for Cybersecurity Challenges as Grandoreiro Malware Threatens Sector
Africa’s financial sector faces heightened cybersecurity risks following the emergence of Grandoreiro, a sophisticated malware targeting banks. This development underscores the critical need ...
Africa
Africa: Tech Entrepreneurs to Launch Platform Connecting African Artisans with Global Buyers
To revolutionize cross-border trade and empower African artisans, tech entrepreneurs Wale Ayantoye and Ola John Ajiboye are set to launch “Giri Today”, an ...
News
Nigeria: Access Bank Introduces Mandarin Feature on AccessMore App to Serve Chinese Clients
Access Bank has made a strategic move to enhance its services for Chinese enterprises and expatriates in Nigeria by introducing a Mandarin language ...
Kenya
Kenyan Banks to Lower Lending Rates in Line with CBK Directive
In a move aimed at boosting economic growth and easing financial strain on borrowers, Kenyan commercial banks will lower their lending rates beginning ...
Kenya
Kenyan Fintech Leader Leja Processes $2 Billion in Transactions in 2024
Kenyan fintech startup Leja has achieved a groundbreaking milestone, processing $2 billion in business-to-business (B2B) payments within just one year of launching its ...
