News
Nigeria: Sabi Raises $38 Million for B2B Marketplace Serving African Retailers
Nigeria-based B2B eCommerce firm Sabi has raised $38 million in Series B funding. This funding round values the company at $300 million, TechCrunch reported Friday (May ...
Global
Global: Meta prepares the launch of the Metaverse in Côte d’Ivoire
The African subsidiary of Meta, the American technology group that owns the social networks Facebook, Instagram and WhatsApp, announced last week the next ...
News
Nigeria: African Development Bank Approves $15 Million Loan to Support Infrastructure Financing in Nigeria
The Board of Directors of the African Development Bank has approved a $15 million subordinated loan to Infrastructure Credit Guarantee Company Limited (InfraCredit) to strengthen ...
Ghana
Ghana: Banking Sector Strong, Solvent to Support Economic Growth – Second Deputy Governor
The banking sector remains solvent and strong to support economic growth despite the recent challenges faced by the country, Second Deputy Governor, Mrs ...
News
Nigerian Fintech P2Vest Launches Insurance Marketplace
P2vest Technology Limited has announced the launch of its new product, P2Vest InsuranceParasol. The product, the company said in a statement, will provide ...
Global
Global: China holds lending rates steady; market sees reserve ratio cut as next move
China kept its benchmark lending rates unchanged for the ninth month in May on Monday , matching market expectations, as a weakening yuan ...
Global
Global: WiPay Remittance launched in Grenada
WiPay, the leading payment solution in the Caribbean, recently announced the introduction of WiPay Remittance during its launch event in Grenada. The event ...
Liberia
Liberia: Commercial Banks Asked to Engage in Agency Banking
The outgoing president of the Liberia Bankers Association (LBA) and managing director of Ecobank Liberia, Mr. George Mensah-Asante, has stressed the need for ...
Global
Global: IBM Launches $100m Partnership with Global Universities to Develop Novel Technologies
At the G7 Summit in Japan, IBM (NYSE: IBM) announced a 10-year, $100 million initiative with the University of Tokyo and the University ...
News
Nigeria: CBN excludes mint company from printing cheques
The Central Bank of Nigeria has approved four local firms to print cheques in the country, according to a new circular. The circular, ...