Global
Global: Brazil’s Central Bank Introduces DREX as Official CBDC Name
The Central Bank of Brazil has marked a significant leap toward the digital transformation of its financial landscape by revealing “DREX” as the ...
Kenya
Kenya: Safaricom Raises M-PESA Account Limits to Boost Business Transactions
Safaricom, the telecommunications giant in Kenya, has revealed its plan to enhance M-PESA account and daily transaction limits after securing approval from the ...
News
SA: Founders Factory Africa Raises $114 Million to Accelerate Growth
South African venture builder, Founders Factory Africa (FFA), renowned for its hybrid tech startup investment model, has secured an impressive $114 million in ...
Global
Global: AI Oversight Gains Attention from Diverse Sectors: Vatican to Pentagon
Artificial intelligence (AI) holds seemingly unlimited potential to impact nearly all areas of human activity across personal, professional and social life, as well as ...
News
Nigeria: WEMA Bank and Mastercard Partner to Empower 10,000 Women Entrepreneurs
WEMA Bank has announced its collaboration with the Entrepreneurial Development Centre of Pan-Atlantic University and Mastercard to provide support and training to empower ...
News
Nigeria: MTN Group Inks Agreement to Sell Fintech Arm to Mastercard
Amidst challenging economic conditions and escalating competition across its key markets, MTN Group has entered into a memorandum of understanding with Mastercard to ...
News
Nigeria: NIRSAL MfB Records 2.50% Profit Decline, Reports N2.142 Billion Profit
Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending Plc’s (NIRSAL) microfinance bank subsidiary witnessed a 2.50% decline in its annual profit for the year ...
Global
Global: Bank of Canada Paper Raises Doubts About CBDC’s Value
A Bank of Canada discussion paper has raised questions about the practicality of introducing a central bank digital currency (CBDC) to address unmet ...
News
Nigeria: Naira’s Value Decline Persists Amid Dollar Shortage in Banks
The growing disparity between the demand and availability of the US dollar in both banks and the parallel market has led to further ...
News
Senegal Forges Ahead with National Data Strategy to Empower Digital Future
In a resolute stride towards digital sovereignty, the Senegalese government is meticulously crafting a National Data Strategy, poised to address the nation’s paramount ...
