News
Nigeria: NIBSS payment stack surpasses 100 million transactions as digital inclusion expands
The Nigeria Inter-Bank Settlement System (NIBSS) has recorded more than 100 million successful transactions on its National Payment Stack (NPS), marking another milestone ...
Kenya
Kenya launches protected coastal cable system to strengthen digital infrastructure
Kenya is set to strengthen digital connectivity along its Indian Ocean coastline following the launch of the LuLu Coastal Cable System, the country’s ...
News
Nigeria: CBN data localisation rule raises skills, security and infrastructure concerns
Nigeria’s data-centre infrastructure has sufficient capacity to support the Central Bank of Nigeria’s (CBN) new payment-data localisation requirement, according to industry executives and ...
Ghana
Ghana: Asiama confirms departure from GoldBod board
Bank of Ghana (BoG) Governor Dr Johnson Pandit Asiama has disclosed that he resigned from the Board of Directors of the Ghana Gold ...
News
Nigeria’s telecom industry grapples with rising fibre cuts
Rising damage to fibre-optic infrastructure is putting increasing pressure on Nigeria’s digital economy, disrupting communications, digital payments, business operations and other services that ...
Global
Global: UK banks pilot tokenised deposits for faster, programmable payments
Seven UK banks have completed live pilot transactions using tokenised deposits, testing how commercial bank money can be moved across digital networks and ...
News
Nigeria: DataPro explores Africa’s roadmap to investment-grade sovereign status
Technology-driven credit rating agency, DataPro Limited, is bringing together policymakers, economists, academics and industry practitioners to examine how Nigeria and other African economies ...
Africa
Africa: AfCFTA urges payment systems, infrastructure to unlock benefits for businesses
Africa must strengthen the payment systems, border infrastructure and other systems needed to help businesses fully benefit from the African Continental Free Trade ...
Gambia
Gambia’s central bank faces criticism over foreign worker order
The Central Bank of The Gambia (CBG) has directed commercial banks to replace non-Gambian employees who are not covered by approved expatriate quotas, ...
News
Tanzania regulator reveals KCB’s 22.23% stake in payments firm Pesapal
KCB Group, Kenya’s largest commercial bank by assets, is set to acquire a 22.23% stake in Kenyan payments company Pesapal, giving the lender ...
