News
Tunisia plans to launch 5G in 2024
The arrival of 5G has been announced in Tunisia since 2020. Investments in networks have been made to accommodate this new technology, which ...
Global
Nigeria: Naira Depreciates by 0.17% over Increase in FX Demand
The Naira depreciated against the dollar on Wednesday (May 10, 2023) exchanging for N463.02 at the investors’ and exporters’ window. The local currency ...
Global
Global: Mastercard taps open banking for digital account opening
Mastercard has unveiled a digital account opening tool that uses open banking to integrate customer verification with identity insights into a single API. ...
News
Nigeria tops Africa with the Most interest in Meme Coins – CoinGecko Report
Coingecko’s recent study shows the top countries leading in the enthusiasm for meme coins in 2023, only two African countries were featured, with Nigeria leading ...
Kenya
Kenya’s government proposes new bill to tax content creators
The Government of Kenya has proposed multiple amendments to the Finance Bill for 2023. The proposals aim to expand the tax base for the ...
News
Nigeria: CBN’s Crypto Ban Shields Nigerian Banks from US Banking Crisis
Following its openly criticised cryptocurrency ban in Africa’s’ largest economy by size of gross domestic product (GDP), the Central Bank of Nigeria (CBN) ...
News
Nigeria: CBN to sanction banks backing unlicensed foreign firms
The Central Bank of Nigeria has said it will sanction banks assisting the operations of unlicensed foreign firms. It stated on Monday (May ...
News
Nigeria: Naira Retreats as CBN Micromanages FX
Nigerian naira fell due to an imbalance in demand and supply levels at the Investors’ and exporters’ foreign exchange (FX) window, traded at ...
News
SA: Following greylisting wakeup call, SA seeks to revamp its financial services regulations
On February 24, the international financial crime watchdog, the Financial Action Task Force (FATF), announced that South Africa has been added to its “grey list”. ...
Mauritius
Mauritius: Bank of Mauritius to start CBDC Pilot Phase in November 2023
Harvesh Kumar Seegolam, Bank of Mauritius Governor has announced that the country will start the pilot phase for its CBDC by November 2023. ...
