Innovation
Tanzania: Zanzibar saves 23bn/ – for Crafting Own Electronic Payment System
ZANZIBAR has saved over 23bn/- in establishment of the government’s electronic payment system, Minister of State in the President’s Office, Finance and Planning ...
Global
Central banks of UAE and Indonesia join forces to boost payment systems
Central Bank of Indonesia and that of the United Arab Emirates have signed a memorandum to improve payment system cooperation. The agreement aims to make payments more ...
Global
FCA boosts Open Banking by removing 3-month re-authentication requirement
Fintech firms will no longer need to re-authenticate customers every ninety days for continued access to bank account data, but they will need ...
Innovation
Nigeria: CBN deploys Electronic Non-Commercial Export forms for exports
The Central Bank of Nigeria, CBN, said it has deployed electronic Non-Commercial Exports, NCX, forms to replace hardcopy NCX. The apex bank also said ...
Innovation
Tanzania Announces Own Central Bank Digital Currency (CBDC) amid Plans to issue Crypto Regulations
Tanzania’s central bank has announced intentions to launch its central bank digital currency (CBDC) amid the global rise and the increasing adoption of ...
Innovation
Nigeria: NDIC to Adopt Risk-based Approach in Determining Banks’ Premium
The Nigeria Deposit Insurance Corporation (NDIC) said it was reviewing its approach for determining the premium by banks to its Deposit Insurance Fund ...
Africa
Africa: Flutterwave launches new e-Commerce service to scale SME growth
Flutterwave, Africa’s leading payment technology company, has announced the launch of its new e-commerce service; Flutterwave Market – an extension of its Flutterwave ...
Africa
Africa Data Centres Unveils New 10MW Data Centre in Lagos
The new facility will pave the way for Africa Data Centres hyperscale customers to deploy digitisation solutions to West Africa Africa Data Centres ...
Innovation
Nigeria: Access Bank, SME.NG, others partner to roll out female entrepreneurs product
Access Bank Plc, in partnership with SME.NG and other leading institutions, including the Bank of Industry (BOI), LAPO Microfinance Bank, Chapel Hill Denham, and ...
Ghana
Ghana: Vodafone Ghana Unveils ‘Ɛɛkɔso’ Promotion
Telecommunication giant, Vodafone Ghana, has officially launched a unique consumer loyalty campaign to financially reward and empower its customers towards the yuletide season. ...