News
Nigeria: CBN pledges inclusion of unbanked persons as cash deposit increases
The Central Bank of Nigeria (CBN) has lauded the increased deposit of cash in the banks and financial institutions across the country. The ...
News
Tanzania: Banks Set Friendly Lending Conditions to Women
MOST women entrepreneurs in the country can easily acquire loans, thanks to friendly conditions set by lenders in their bid to address challenges ...
News
Uganda: MFS Africa gets three new licenses in Uganda
Cross-border payments platform, MFS Africa has acquired three new payment licences in Uganda. The Central Bank of Uganda approvedthe PSP (Payment Service Provider), ...
Global
Global: Amadeus to establish e-money subsidiary
Amadeus has announced it will establish a new payments subsidiary having applied to the Bank of Spain for an e-money licence to provide ...
Kenya
Kenya: Banks to give 4.2m mobile borrowers 50pc discount on unpaid loans
The Central Bank of Kenya (CBK) has said banks will give 4.2 million mobile borrowers at least 50 percent discount on defaulted loans ...
Ghana
Ghana: MTN Ghana delays mobile data prices review implementation
MTN Ghana has postponed the implementation of its new data prices scheduled for November 14, 2022. The delay in the implementation is to ...
Global
Global: SabPaisa Gets RBI Nod To Operate As A Payment Aggregator
The nod will also enable SabPaisa to bring ‘unification, inclusivity, experience and performance’ in the platform’s product suite SabPaisa joins a small group ...
Kenya
Kenya: Faulu Bank Expands Digital Services as It Eyes a Youthful Customer Base
Faulu Bank is set to expand its digital offering as it seeks to boost customer experience, offer convenience, and tap into the youthful ...
Ethopia
Ethiopia: Commercial Bank Restores Banking Services in Seven Branches in Western Tigray
Commercial Bank of Ethiopia announced that it has restored banking services in seven branches in Western Tigray which is currently under the occupation ...
News
Nigeria: Banks’ consumer loans decline 17% as CBN tightens money supply
For the first time in three years, banks reduced consumer loans by 17 per cent (N400 billion), in one month, following a decline in money ...
