Liberia
Liberia received $3.9 million to improve its payment systems and the Central Bank’s data center
Liberia’s financial sector faces a number of challenges, including insufficient ICT infrastructure. The existing payment infrastructure deployed in 2016 has served the country ...
Kenya
Kenya unveils a digital marketplace to connect innovators and investors
At the forefront of the young African technology scene, Kenya is attracting more and more international companies looking to take advantage of the ...
News
Nigeria’s money supply rises to N53.3 trillion in February 2023
Nigeria’s money supply (M3) rose to N53.3 trillion in February 2023 from N52.16 trillion recorded at the beginning of the year. This represents ...
Ghana
Ghana: Bank of Ghana hikes monetary policy rate to 29.5%
The Monetary Policy Committee of the Bank of Ghana has announced a hike in the policy rate by 150 basis points to 29.5 ...
Kenya
Kenya: CBK licenses 10 more digital lending apps – Capital Business
The Central Bank of Kenya (CBK) has approved 10 more digital credit providers (DCPs), pushing the total number of registered entities to 32. ...
Global
Global: Paid Accounts Will Be The Only Social Media That Matters: Twitter’s Elon Musk
An array of individuals have questioned Elon Musk’s paid subscription direction on Twitter. Starting in April 2023, the social media platform’s legacy blue ...
Global
Global: First Citizens acquires Silicon Valley Bank
The Federal Deposit Insurance Corporation (FDIC) entered into a purchase and assumption agreement for all deposits and loans of Silicon Valley Bridge Bank, ...
News
Tunisia: BCT Maintains Key Rate Unchanged At 8%
The Executive Board of the Central Bank of Tunisia (BCT) decided at its meeting on Wednesday, March 22, 2023 to keep the Bank’s ...
News
Nigeria’s Digital Currency Transactions up by 63%
According to Nigerian Central Bank Governor Godwin Emefiele, central bank digital currency or e-naira transactions have increased 63% to $47.7 million, with around ...
Morroco
Morocco Central Bank- Bank Al Maghrib’s (BAM) Raises Key Rate to 3% Starting March 23, 2023
Bank Al Maghrib’s (BAM) decision to raise the key interest rate to 3% (by 50 basis points) will take effect from March 23, ...
