News
Nigeria: Access Bank and Visa Forge Partnership for Streamlined Cross-Border B2B Payments
Access Bank has entered into a strategic partnership with Visa to bolster the efficiency of cross-border business-to-business (B2B) payments for the bank’s corporate, ...
News
Nigeria to Secure $1.5 Billion World Bank Loan to Address 2023 Budget Gap
The Nigerian federal government is actively addressing the fiscal gap in the 2023 budget by finalizing plans to secure a fresh $1.5 billion ...
Global
Global: China Unveils Central Bank Digital Currency Hub in Shenzhen
China has officially inaugurated a dedicated industrial park in Shenzhen’s Luohu district, focused on advancing the Central Bank Digital Currency (CBDC), commonly known ...
News
Nigerian Naira Gains Ground as CBN Lifts FX Restrictions on 43 Items
The Nigerian naira made significant gains across the foreign exchange market as the Central Bank of Nigeria (CBN) took the noteworthy step of ...
News
Nigeria Aims for $1 Trillion GDP in 8 Years through Economic Reforms, says Cardoso
Despite falling short of the 20:2020 target to achieve a $900 billion gross domestic product (GDP) in Nigeria, the country now has its ...
Kenya
Kenya Plans $500 Million Eurobond Buyback with New Loans, Says Central Bank Governor in Exclusive Interview
Kenya is in the process of repurchasing up to a quarter of its $2 billion 2024 international bond by the end of this ...
Burundi
Burundi: Former Central Bank Chief of Burundi Arrested on Money Laundering Charges
The ex-governor of Burundi’s central bank, Dieudonné Murengerantwari, has been arrested and accused of embezzlement of public funds, according to reports by BBC. ...
Africa
Africa: Microsoft Commits to Empowering 10 Million SMEs by 2025
Microsoft Corporation has made a substantial commitment to empower ten million small and medium enterprises (SMEs) by 2025. This initiative was unveiled by ...
Innovation
Rwanda: Mobile World Congress Kigali to Spearhead Digital Innovation and Bolster Connectivity in Africa
The Mobile World Congress (MWC) Kigali, Africa’s most extensive and influential connectivity event, is primed to fast-track digital innovation and amplify connectivity, driving ...
Global
Global: Mastercard Achieves Breakthrough in CBDC Interoperability with Successful Pilot Program
Mastercard, the world’s second-largest payment processing corporation, has proudly announced the successful completion of a pilot program designed to tokenize central bank digital ...