News
South Africa Fintech Ukheshe Rebrands as EFT Corporation, Aiming to Boost Financial Inclusion in Africa
South African fintech company Ukheshe has rebranded as EFT Corporation following its acquisition of the long-established EFT Corporation in January 2024. This strategic ...
Kenya
Kenya: Safaricom and Pezesha Unveil New Loan Service for Small Businesses
Safaricom, Kenya’s leading mobile network operator, has partnered with digital lender Pezesha to introduce a new credit service for small business owners. This ...
Global
Global: TravelPerk Acquires AmTrav and Secures $135 Million for U.S. Expansion
TravelPerk, a leading European corporate travel booking platform, has acquired Chicago-based startup AmTrav as part of its strategy to expand its footprint in ...
Global
Global: Threads API Launch Opens New Horizons for Developers
Meta has announced the long-awaited launch of the API for Threads, enabling developers to create innovative experiences around the platform. This new API ...
News
Nigeria: Financial Experts Urge Innovation to Counter Cyber Threats Amid $12bn Losses
Amid rising cyber threats leading to significant financial losses, experts in the financial sector are advocating for innovative solutions to bolster confidence in ...
Kenya
Kenya’s Tax Burden to Rise by Ksh.1 Trillion by 2027
The Kenya Kwanza administration’s ambition to increase the tax to Gross Domestic Product (GDP) ratio will result in a significant increase in the ...
Global
Global: Existing POS Systems Can Support Digital Pound, Says Bank of England
The Bank of England (BoE) has announced that existing point-of-sale (POS) terminals in the UK could be utilized to process digital pound payments, ...
Ghana
Ghana: Bank of Ghana Completes Two Phases of Cross-Border Trading Using Digital Credentials
The Bank of Ghana (BoG) has successfully completed two phases of its Project DESFT, aimed at enhancing cross-border trade using digital credentials. Phase ...
News
Nigerian Government and World Bank Discuss Ambitious 90,000km Fiber-Optic Cable Project
In a significant move to enhance Nigeria’s digital infrastructure, the Federal Government has commenced discussions with the World Bank to support the deployment ...
News
Nigeria: GTCO Aims to Raise N500bn Capital by July
Guaranty Trust Holding Company Plc (GTCO) has announced plans to raise approximately N500bn starting in July. This information was disclosed in a preliminary ...