Nigeria
Why CBN slashed monetary policy rate -MPC
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has explained why it slashed the monetary policy rate, popularly called lending rate, from ...
Innovation
Motorcyclists in Rwanda to use meters and cashless payments from June
Rwanda began easing lockdowns at the beginning of May. By July, international airlines like Brussels Airlines are expected to resume flights to Kigali, ...
Nigeria
CBN to drive agribusiness through 50bn credit facility, interest rate cut
The Central Bank of Nigeria as a means of mitigating the impact of the novel coronavirus on micro, small and medium-sized businesses MSMEs, ...
Nigeria
NIN Diaspora enrollment happening in 15 countries – NIMC Boss
The Director-General of NIMC, Aliyu Aziz disclosed in an interview with journalists, that enrolment was ongoing for Nigerians in the Diaspora in 15 ...
Ghana
Ghanaian health tech startup, mPharma, raises $17m in a new funding round
mPharma, a Ghanaian startup that streamlines last-mile delivery of prescription drugs and makes them affordable, in under-served markets, has reportedly raised $17 million. ...
Nigeria
CBN reduces interest rates on loans for OFIs
The Central Bank of Nigeria (CBN) has reduced interest rates on its facilities through participating Other Financial Institutions (OFIs) from 9% to 5% ...
South Africa
SA fintech Peach Payments nets new investment to help it expand into Africa
SA fintech Peach Payments has raised new investment to drive its expansion into Africa, in a round led by Umkhathi Wethu Ventures (UW Ventures), in ...
Africa
Sanofi Selects 11 Startups for its 2020 AfricaTech Challenge
Sanofi has announced it will on June 11th organize an online pitch session as part of its AfricaTech Challenge in a move to encourage innovation ...
Africa
Africa Women Innovation & Entrepreneurship Forum, AWIEF Awards 2020 Announced
The Africa Women Innovation and Entrepreneurship Forum (AWIEF) (www.AWIEForum.org) has announced the call for nominations for AWIEF Awards 2020. AWIEF is marking the ...
South Africa
SA fintech company Zoona sells its Malawian assets as it refocuses on B2B
South African fintech startup Zoona has sold its Malawian operational assets to global money transfer group Mukuru as it scales down its over-the-counter ...