Africa
Africa: Anchor Secures $2.4 Million in Seed Funding to Expand Banking-as-a-Service Offerings Across Africa
Anchor, a prominent Banking-as-a-Service (BaaS) provider operating across Africa, has successfully raised $2.4 million in seed funding. The capital injection will be employed ...
News
Nigeria: Sharp Increase in Naira Value of Forex Deposits Spurs 17% Surge in Money Supply
Nigeria’s money supply has experienced a significant and rapid increase of 17% over two months, reaching its peak in July. This surge was ...
News
Nigeria: FCCPC Receives Top Honors as Nigeria’s Most Efficient and Transparent Government Agency
In a recent online poll conducted across various platforms including LinkedIn, The Bureau Newspaper website, and Nairaland, the Federal Competition and Consumer Protection ...
Global
Global: Mastercard Introduces ALT ID Solution for Secure Guest Checkout Transactions
Mastercard has unveiled a new security solution known as ALT ID for guest checkout transactions, bolstering online payment security for both consumers and ...
Global
Global: Digital Identity Technology- A Key Tool to Combat Business ID Fraud and Drive Financial Inclusion
One of the significant obstacles preventing African businesses, particularly small and medium enterprises (SMEs), from reaching their full potential is the pervasive issue ...
News
Nigeria: NAICOM Encourages Tech Adoption to Boost Insurance Penetration
The National Insurance Commission (NAICOM) has issued a call to insurance industry stakeholders, urging them to harness technological advancements in extending insurance products ...
News
Nigeria: Federal Government Records N1.43 Trillion Deficit as Expenditure Outstrips Revenue, CBN Report Reveals
In the initial quarter of 2023, the Federal Government’s expenditure surpassed its revenue by a significant margin of N1.43 trillion, as reported by ...
News
Tanzania: Airtel Money and Pesapal Collaborate to Simplify Mobile Transactions
Pesapal Tanzania has joined forces with Airtel Money to integrate Airtel Money as an additional payment option for all merchants using Pesapal Point ...
Kenya
Kenya: M-PESA to Pioneer Standing Orders Feature as Safaricom Expands Mobile Money Services
Safaricom’s mobile money platform, M-PESA, is poised to introduce standing orders, a move revealed by the company’s Chief Information Officer (CIO), George Njuguna. ...
Global
Global: Qatar and EU Officials Forge Cybersecurity Cooperation
In a significant development, H.E. Eng. Abdul Rahman bin Ali Al Farahid Al Maliki, the President of Qatar’s National Cyber Security Agency, convened ...