News
Nigeria: Grey Collaborates with dLocal to Transform Cross-Border Payments in Emerging Markets
Nigerian fintech company Grey has announced a strategic partnership with dLocal, a leading cross-border payment platform specializing in emerging markets. This collaboration aims ...
Africa
Africa: AI and Machine Learning Transforming Fintech: Insights from Derick Kazimoto, CEO of Tausi Africa
Financial Inclusion Africa recently featured Derick Kazimoto, CEO of Tausi Africa, in a podcast that delved into the transformative impact of artificial intelligence ...
News
Nigeria: CBN Sells N1.6 Trillion in OMO Bills at 21.8% to Investors
The Central Bank of Nigeria (CBN) successfully sold N1.63 trillion in Open Market Operation (OMO) bills to investors in two auctions conducted this ...
News
Nigeria: Citibank Nigeria Appoints Nneka Enwereji as New CEO
Citibank Nigeria Limited has announced the appointment of Nneka Enwereji as its new Managing Director and Chief Executive Officer, effective August 19, 2024, ...
Kenya
Kenya’s Inflation Rate Edges Up to 4.4% in August
Kenya’s inflation rate increased slightly to 4.4% year-on-year in August, up from 4.3% in July, according to data released by the Kenya National ...
News
Nigeria: Union Bank of Nigeria’s Ratings Downgraded by GCR Due to Weakened Capital Base
GCR Ratings has downgraded Union Bank of Nigeria (UBN) Plc.’s national scale long-term and short-term issuer ratings, lowering them from BBB+(NG) and A2(NG) ...
Global
Global: Stripe Leverages AI to Enhance Cross-Border Commerce in Asia
Stripe has reported a significant increase in cross-border payment volume across Asia, with a growth of over 30% last year. To further capitalize ...
News
Nigeria: AMCON to Engage International Asset Tracers in Aggressive Debt Recovery Effort
The Asset Management Corporation of Nigeria (AMCON) has announced plans to collaborate with international asset tracers to identify and recover assets linked to ...
News
Nigeria: Naira Depreciates as Official and Parallel Market FX Rates Converge
The Nigerian naira experienced a depreciation of 0.77% against the US dollar, closing at N1,606.56 in the official market on Wednesday. This decline ...
Africa
Africa: Navigating the Challenges of Building a Fintech Venture in Africa
The fintech sector in Africa is brimming with potential, offering a wealth of opportunities for innovation and growth. However, it also presents unique ...
