Global
Global: JP Morgan Payments, NPCI partner to enable real-time FX for cross-border UPI transactions
National Payments Corporation of India has partnered with JP Morgan Payments to enable real-time foreign exchange conversion and settlement for cross-border transactions processed ...
Ghana
Ghana: Domestic Borrowing Shifts Debt Risks to Banking Sector, BoG Governor Warns
The increasing reliance on domestic borrowing is helping African economies reduce exposure to foreign exchange volatility, but it is simultaneously creating new vulnerabilities ...
Ghana
Ghana: Groupe Nduom Eyes Standard Chartered Ghana’s Retail Banking Business
Founder and Chairman of Groupe Nduom, Papa Kwesi Nduom, has confirmed that the group is exploring the potential acquisition of Standard Chartered Bank ...
Kenya
Kenya: Absa Kenya CEO exits after 32-year career at lender
Abdi Mohamed will step down as chief executive officer of Absa Bank Kenya on June 30, bringing to a close a three-year tenure ...
News
Nigeria: Banks urged to expand QR code payments to strengthen digital finance ecosystem
The Association of Corporate Communication and Marketing Professionals in Banks (ACAMB) has urged Nigerian banks to accelerate the adoption of digital payment channels, ...
Global
Global: Former ECB Executive Appointed Chair of Reform Technologies
Reform Technologies, an anti-money laundering (AML) technology company focused on strengthening financial crime controls, has appointed Elizabeth McCaul as chair of its board, ...
News
Nigeria, European Union Strengthen Economic Partnership to Drive Trade and Investment
The European Union and the Federal Government of Nigeria have reaffirmed their commitment to strengthening economic cooperation as both parties seek to accelerate ...
News
Nigeria: Paystack Launches AI-Powered Checkout for Nigerian Consumers
Paystack has introduced an experimental AI-powered checkout solution designed to enable Nigerian consumers to complete transactions with supported merchants through artificial intelligence agents, ...
Africa
Africa: Kora Integrates with IATA Payment Network to Simplify Airline Settlements Across Africa
Kora, a payments infrastructure company focused on Africa, has joined the International Air Transport Association (IATA) Financial Gateway (IFG), enabling global airlines to ...
News
Nigeria: Wema Bank Secures N78.5bn EIB Global Facility to Boost SME Financing in Nigeria
Wema Bank has secured a €50 million (approximately ₦78.5 billion) financing facility from EIB Global, the development arm of the European Investment Bank ...