News
South African Competition Commission Approves Octotel Acquisition
In March 2024, global investment firm Actis revealed plans to sell Octotel, its South African fibre network operator, to a consortium, contingent on ...
Global
Global: Mastercard Debuts Enhancements to Open Banking Program
Mastercard is upgrading its open banking for lending program, powered by employment/income verifier Argyle. The new features, announced Tuesday (August 13, 2024), lets ...
News
Nigeria: Ecobank to Host First-Ever Fintech Challenge Semifinal in Lagos, Nigeria
Ecobank, the pan-African banking leader, has announced that the inaugural semifinal event of its Fintech Challenge will take place in Lagos, Nigeria. The ...
Global
Global: European Stocks Climb Ahead of U.S. Inflation Data Release
European stocks saw modest gains on Wednesday, with the dollar hovering near a one-week low, as markets responded to data indicating softer inflation. ...
News
Nigeria: CBN resumes publication of key economic reports
The Central Bank of Nigeria (CBN) said it is back with the publication of several key economic reports to make relevant information available ...
Africa
Africa: PalmPay canvasses collaboration to drive financial literacy
PalmPay, an Africa-focused fintech platform, has called for collaboration and innovation among banks and fintechs to drive financial inclusion in the country. According ...
News
Nigeria: Lagos State to Tokenize Real Estate, Aiming to Boost Revenue
Lagos State Government has unveiled an ambitious plan to tokenize its real estate sector, leveraging blockchain technology to revolutionize property transactions. This initiative ...
Global
Global: Hong Kong Unveils Generative AI Sandbox for Finance Sector
The Hong Kong Monetary Authority (HKMA), in collaboration with Cyberport, a state-run technology company, has launched a generative artificial intelligence (GenA.I.) sandbox aimed ...
Global
Global: Australia’s Digital Identity Trust Exchange Set for Launch by Year-End
Australia is poised to unveil its ambitious digital identity program by the end of 2024, introducing the national Trust Exchange (TEx) to facilitate ...
Global
Global: Investors Shift from Stocks to Cash Amid Global Growth Concerns
In August, investors significantly reduced their stock allocations and increased their cash holdings, responding to a dip in global growth expectations to their ...
