Africa
Africa: Elon Musk’s Starlink company announces launch of services in 23 African countries in 2023
In 2021, Starlink began negotiations with the authorities of certain African countries in order to obtain the necessary authorizations to provide its satellite ...
Ghana
Ghana: Cedi depreciation due to pressure on economy – BoG Governor
The Governor of the Bank of Ghana, Dr Ernest Addison, has indicated that the pressure on the Ghanaian economy is the reason behind ...
News
Nigeria: FCCPC Boss Explains Inability to Resolve Bank Customers’ Complaints
The Executive Vice Chairman and Chief Executive Officer of the Federal Competition and Consumer Protection Council (FCCPC), Mr. Babatunde Irukera has said the ...
Global
Global: CBDCs not worth the costs and risks, says former BoE advisor
Tony Yates, the former senior adviser of the Bank of England, argues that CBDCs are not worth the headache. Central banks worldwide are ...
News
Nigeria: CBN to unearth hidden account, business owners
BANKS and other financial institutions are required to identify, verify and keep adequate records of the real beneficial owners of business accounts and ...
Kenya
Kenyan fintech Kwara doubles client base and secures $3M in funding for expansion
Kwara, a Kenyan fintech company that specializes in digitizing credit unions (saccos), has more than doubled its client base in the past year ...
Global
Global: ‘Crypto Will Undermine RBI’s Authority’- Governor
The Governor of the Reserve Bank Of India (RBI), Shaktikanta Das, has yet again expressed the bank’s unwillingness to allow cryptocurrencies to thrive ...
News
Tanzania Takes Tentative Steps to CBDC Adoption
The Bank of Tanzania is cautiously readying a central bank digital currency (CBDC). The country’s central bank said it will “continue to monitor, ...
News
Nigeria: NITDA- Kashifu Inuwa Receives Forbes’ Africa Outstanding Corporate Governance CEO Award
It was a night of glowing tributes forKashifu Inuwa, the Director General, National Information Technology Development Agency (NITDA), as Forbes Magazine recognised him ...
Kenya
Kenya: President Ruto meets Safaricom, Vodacom CEOs
President William Ruto meets with chief executive officers from Safaricom and Vodacom and other officials in State House on January 10, 2023. President ...
