Kenya
Kenya: Safaricom’s M-PESA Service Faces Downtime in Kenya, Impacting Bank-to-Mobile Money Transfers
Safaricom’s popular mobile money service, M-PESA, experienced a significant outage in Kenya, causing disruptions in bank-to-mobile money transfers. The operator has yet to ...
News
Zambian Delegation Explores Nigeria’s Thriving Digital Economy Model
The Zambian government is eager to embrace digital transformation and strengthen trade partnerships, recognizing the importance of readiness in services and cross-border interactions. ...
Ethopia
Ethiopia: Commercial Bank of Ethiopia (CBE) Surpasses One Trillion Birr in Deposits, Commits to Further Growth
The Commercial Bank of Ethiopia (CBE) has achieved a significant milestone in the 2015 Ethiopian fiscal year, with its deposits surpassing an impressive ...
News
Nigeria and South Africa Strengthen Collaboration to Combat Economic and Cyber Crimes
Nigeria and South Africa have reaffirmed their commitment to tackle the growing challenges of cybercrimes, money laundering, and other economic and financial crimes. ...
News
Nigeria: World Bank’s Recommendations to Revamp Nigeria’s Economy
The June 2023 edition of the Nigeria Development Update (NDU) by the World Bank provides significant macro-fiscal policy recommendations aimed at revitalizing the ...
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 ...
