News
Nigeria: Mobile Money Operators Process N41.5 Trillion in Transactions Over Seven Months
Data from the Nigeria Inter-Bank Settlement Systems (NIBSS) shows that licensed mobile money operators, including Palmpay, OPay, and 15 others, processed transactions worth ...
Africa
Combating Digital Payment Fraud in West Africa: A Challenge and Opportunity
The rapid adoption of digital payment technologies across West Africa has revolutionized the way people conduct financial transactions. However, this growth has also ...
Namibia
Namibia: Access Bank Receives Approval to Establish Subsidiary in Namibia
Access Bank, the commercial banking arm of Nigeria’s largest lender, Access Holdings, is set to establish a subsidiary in Namibia after receiving provisional ...
Africa
Africa: Zepz Secures $267 Million to Accelerate Growth Across Africa and Global Markets
Zepz, formerly known as WorldRemit, has raised $267 million in a new funding round led by venture capital firm Accel, with additional participation ...
Global
Global: PayPal Uses Stablecoin to Settle Invoice with Ernst & Young
PayPal has made headlines by using its own stablecoin, PYUSD, to settle an invoice with Ernst & Young, marking the first time the ...
News
Nigeria: SEC to Host Investor Clinics Across Major Cities for World Investor Week 2024
The Securities and Exchange Commission (SEC) is set to host a series of investor clinics in Lagos, Abuja, and Port Harcourt as part ...
News
Nigeria: Right of Way Crisis Stalls Telcos’ Fibre Rollout in Nigeria
Nigeria’s ambition to become a dominant digital economy faces a significant hurdle: the struggle of telecommunications companies to expand fibre optic infrastructure, essential ...
News
Nigeria: Sterling Bank Partners with NIBSS and AfriGO on Independence Reward Programme
Sterling Bank has partnered with AfriGO and the Nigeria Inter-Bank Settlement System (NIBSS) to launch the “Independence Reward Programme,” aimed at promoting digital ...
Kenya
Kenya Introduces Digital Nomad Visa for Individuals Earning Over $50,000 Annually
Kenya has launched a digital nomad visa aimed at remote workers earning an annual income of at least $50,000. This visa is designed ...
Africa
Africa: Chipper Cash Collaborates with MoneyGram and Stellar for Real-Time Cash In and Cash Out Services
Chipper Cash has launched real-time cash-in and cash-out services for its users through a new partnership with MoneyGram, powered by the Stellar blockchain ...
