Kenya
Kenya: Safaricom’s M-PESA to Compete with Ethio Telecom’s Telebirr as it Plans Entry into Ethiopia
Safaricom, the Kenyan telecommunications giant, made its official entry into Ethiopia in 2022, but its highly lucrative mobile money service, M-PESA, is yet ...
Global
Global: ECB to Follow Fed Hike, Meta Surges
As markets are still speculating that Wednesday’s interest rate hike by the Federal Reserve was the last in the current cycle, the European ...
Global
Global: Nominations Open for International Business Magazine Awards 2023 to be held at Dubai on Nov 4
International Business Magazine, a Dubai-based online business news portal and one of the top awards recognition brands across the GCC region has revealed ...
Global
Global: Visa Everywhere Initiative: Empowering Fintech Innovation for the Underbanked
The fintech revolution has transformed modern commerce, opening up new opportunities for entrepreneurs worldwide and bridging the gap between consumers and businesses. Fintech’s ...
News
Nigeria: CBN Raises Benchmark Interest Rate to 18.75%
The Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) has announced an increase in the country’s Monetary Policy Rate (MPR) from 18.5 ...
Global
Global: UK-Based Regtech eflow Secures £7 Million for Global Expansion
London-based regtech firm eflow Global has successfully raised £7 million in a Series A funding round led by Finch Capital. Atempo and ScaleUp ...
Global
Global: Chinese Payment App Giants, Alipay, and WeChat Pay, Now Accept Visa and Mastercard
Travellers visiting China can now conveniently use Alipay and WeChat Pay, the two massively popular mobile payment platforms, as they have expanded their ...
News
Nigeria: CBN’s Hawkish Approach: MPC Set to Conclude Meeting with 50bps Rate Hike
As projected, the Monetary Policy Committee (MPC) is expected to raise the Monetary Policy Rate (MPR) by 50 basis points (bps) as it ...
News
Nigeria: CBN MPC Meeting- Market Focuses on Acting Governor Shonubi for Interest Rate Decision
Amidst economic uncertainty, all attention is directed towards the acting Central Bank of Nigeria (CBN) Governor, Fola Shonubi, as the Monetary Policy Committee ...
Global
Global: Legal Complications for Twitter’s Rebranding as X: Meta, Microsoft, and Others Hold Trademarks to the Letter
Elon Musk’s decision to rename Twitter as X could lead to legal complexities as several companies, including Meta and Microsoft, already own intellectual ...