Africa
African countries with the cheapest internet
The North Eastern African country of Sudan has the most affordable internet on the continent, charging its subscribers less than $1 for a ...
Africa
Nigeria, Egypt, Kenya and South Africa account for 80% of investment in Africa – AfDB
The African Development Bank says that Nigeria, Egypt, Kenya and South Africa account for about a third of the incubators and accelerators and ...
Africa
Africa’s Top Ten Countries Ranked by Internet Speed in 2021
Internet and connectivity speed tester Ookla last month released its global market analysis, ranking all countries in terms of fastest mobile and fixed ...
Intelligence
Nigeria: Foreign exchange inflow falls to $4.97bn – CBN
Foreign exchange inflow into the economy fell by 59.8 per cent in April according to figures obtained from the Central Bank of Nigeria ...
Africa
Mobile financial services use in Sub-Saharan Africa more than triples in 6 years
Nearly half of all consumers in Sub-Saharan Africa are using mobile financial services in 2021 – a more-than three-fold increase in the last ...
Intelligence
Nigeria ranks 118th in Global Innovation Index 2021, gains three points
Nigeria gained three points to rank 118th in Global Innovation Index 2021. When compared to its ranking of 121st in 2020 the country’s ...
Africa
Where to invest in Africa: Report reveals top 10 economies
Rand Merchant Bank’s (RMB) Where to Invest in Africa 2021 report assesses each African economy’s investment potential. The most recent report positions Egypt as the continent’s top ...
Intelligence
Kenya: Remittances to Kenya shrink 7.1 per cent in August
Despite the monthly drop, this is a 14.2 per cent increase when compared to the same period last year. Diaspora remittances sent into ...
Global
Covid pandemic fuelling financial crime, says UAE Central Bank
Criminals are exploiting e-commerce after it grew in popularity during global lockdowns, a report by the banking regulator says The Covid-19 pandemic, which shook ...
Intelligence
Nigeria: FG recorded N150.36bn fiscal deficit in April- CBN
The Federal Government of Nigeria recorded a fiscal deficit of N150.36bn in April, after recording an aggregate expenditure of N559.67bn and retained revenue ...