Angola
Angola: Access Bank to acquire majority equity stake in Angolan-based Finibanco
Access Holdings Plc, trading as Access Corporation, has announced its planned acquisition of  a 51% majority equity stake in Angolan-based Finibanco S.A by Access Bank ...
Global
Global: SWIFT Shapes Global CBDC Framework Following 8-Month Study
A study analyzing the international use of central bank digital currencies (CBDCs) and the underlying distributed ledger technologies (DLTs) shows promise for cross-border interoperability among ...
Kenya
Kenya: Online Portal Launched to Boost Insurance Uptake
Pension fund administrator Zamara Group has unveiled an online portal that will allow customers to buy insurance policies and investment plans. Dubbed e-Zamara, ...
Global
Global: White House Outlines Consumer Protections for Banks’ AI-Based Programs
The White House has introduced a blueprint for a Bill of Rights for artificial intelligence (AI), which includes information for banks and other ...
Ghana
Ghana: BoG delayed in increasing policy rate – World Bank
The World Bank has expressed concern about the delayed policy interest rate hike by the Bank of Ghana during the period of surging ...
News
Nigeria: CBN Issues Directives to Banks to Increase Interest on Savings Deposits After 15.5 Rates Hike
Following the recent hike of interest rate in Nigeria to 15.5 per cent by the Central Bank of Nigeria (CBN), the apex bank has issued ...
News
SA: Google Announces New Cloud Region in South Africa
Google announced Wednesday (Oct. 10, 2022) that it will launch its first African cloud region in South Africa. The announcement was made by Niral Patel, ...
Africa
Africa: Sage brings award-winning Sage Intacct to Namibia, Botswana and Mauritius
Supporting visionary CFOs and finance professionals with a new cloud financial management platform Sage (https://www.Sage.com/en-za/), the leader in accounting, financial, HR, and payroll ...
News
Seychelles: Reliant On Imports, Seychelles Expects Further Inflation, Says CBS
With Seychelles relying heavily on imports, the elevated global commodity prices with tighter monetary conditions and uncertainty in Europe, expect to lead to ...
Ghana
Ghana: BoG assures of cedi stability ahead of festive season in December
The Bank of Ghana (BoG) has given assurance that it will manage the Exchange Rate regime to help strengthen the cedi against the ...
