News
Nigeria: Chipper Cash CEO Ham Serunjogi and 2 Nigerian Americans Appointed to Joe Biden’s Advisory Council
President Joe Biden has appointed Chipper Cash CEO, Ham Serunjogi, to serve on his Advisory Council on African Diaspora Engagement. Serunjogi will join ...
Global
Global: Binance Exits Russian Market, Sells Subsidiary to CommEx
Binance, the world’s largest cryptocurrency exchange, has made the decision to exit the Russian market due to compliance concerns. The exchange has agreed ...
News
Nigeria: Collaboration Gaps and Infrastructure Challenges Impede Digital Payment Growth in Nigeria
Nigeria, a leader in telecom adoption in Africa, faces hindrances to the growth of its digital payment system due to a lack of ...
Global
Global: Financial Institutions Grapple with $206.1 Billion in Compliance Costs
LexisNexis Risk Solutions has unveiled its annual True Cost of Financial Crime Compliance Report, delving into the financial burdens and challenges faced by ...
News
Nigeria: Guaranty Trust Bank Teams Up with Infosys Finacle for Multi-Country Digital Banking Transformation
Guaranty Trust Bank (GTBank), the banking subsidiary of Guaranty Trust Holding Company Plc in Nigeria, has announced its selection of the Finacle Digital ...
News
Nigeria Faces Internet Accessibility Gap with Over 27 Million Unconnected
New data from the Universal Service Provision Fund (USPF) reveals that over 27.1 million Nigerians currently do not have access to the internet. ...
Mozambique
Mozambique: Bank of Mozambique Keeps Interest Rates Unchanged Amid Economic Uncertaintie
The Monetary Policy Committee of the Bank of Mozambique (CPMO), meeting in Maputo on Friday, has chosen to maintain the Bank’s primary interest ...
Ghana
Ghana: Mobile Money Transactions Reach ¢1.190 Trillion in First Eight Months of 2023 – BoG Reports
According to the September 2023 Summary of Economic and Financial Data released by the Bank of Ghana (BoG), the total value of Mobile ...
News
Tanzania Aims to Extend Financial Education to 80% of Its Population by 2025
The Tanzanian government has announced its commitment to providing financial education to 80% of its citizens by 2025. Joseph Olomi, Vice Chairman of ...
Ghana
Ghana: Bank of Ghana Keeps Policy Rate Steady at 30%
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has opted to maintain its key lending rate to commercial banks without ...