Global
Global: Circle Teams Up with Sony’s Blockchain Lab to Boost USDC Adoption
Stablecoin issuer Circle has announced a strategic partnership with Sony Block Solutions Labs to expand the use of its stablecoin, USDC, on Sony’s ...
News
Nigerian Banks Borrow N3tn from CBN in One Week – Afrinvest Report
Nigerian banks and discount houses borrowed a total of N3 trillion from the Central Bank of Nigeria (CBN) through the Standing Lending Facility ...
News
Nigeria: Stock Market Rebounds as Zenith and GTBank Drive Banking Index Performance
The equities market experienced a resurgence last week, buoyed by the positive half-year (H1’24) results reported by Zenith Bank Plc and GTBank Plc, ...
News
Nigeria: Access Corp and MTN Nigeria Propel Equity Market to N607 Billion Gain
The Nigerian equity market experienced a notable surge last week, gaining N607 billion in market capitalization, largely driven by strong buying interest in ...
Kenya
Kenya: Safaricom Expands Payment Options with Visa Payment Facilitator Certification
Safaricom has received a Payment Facilitator Certificate from Visa, further strengthening its partnership and expanding its payment acceptance models. This collaboration follows the ...
News
SA: Fitch Affirms South Africa at ‘BB-‘ with Stable Outlook
Fitch Ratings has reaffirmed South Africa’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BB-‘, maintaining a Stable Outlook in its latest creditworthiness assessment. ...
News
Nigeria Ranked in Tier 3 of Global Cybersecurity Index 2024
Nigeria has been ranked among Tier 3 countries in the latest Global Cybersecurity Index 2024 (GCI), released by the International Telecommunication Union (ITU). ...
News
Nigeria: FBN Holdings Surpasses N1 Trillion Market Cap Following Merchant Bank Divestment Announcement
FBN Holdings Plc, a leading financial services conglomerate, has crossed the N1 trillion market capitalization milestone on the Nigerian Exchange (NGX) following its ...
Malawi
Malawi: Flutterwave Expands Send App Remittance Service to Malawi
Africa’s leading fintech company, Flutterwave, has launched its remittance service, Send App, in Malawi, further expanding its international reach. With this development, users ...
News
Nigeria: Kuda Business Launches Virtual and Physical POS Solutions to Enhance Payments for Nigerian SMEs
Kuda, through its Kuda Business platform, has introduced new virtual and physical point-of-sale (POS) solutions aimed at simplifying payment processes for freelancers, small ...