News
Nigeria: Globacom Faces NCC Deadline to Appoint Independent CEO or Risk Sanctions
The Nigerian Communications Commission (NCC) has given Globacom 24 months to appoint a chief executive officer separate from its board chairman—or face regulatory ...
News
Nigeria: NIMC Targets 30% Service Delivery Boost With New Service Charter
The National Identity Management Commission (NIMC) has launched a Service Charter aimed at improving service delivery by 30% within the next year, focusing ...
Kenya
Kenya: HoneyCoin Raises $4.9M to Accelerate Payment Infrastructure Expansion Across Emerging Markets
Kenyan fintech HoneyCoin has secured $4.9 million in seed funding to expand its stablecoin-powered payment infrastructure across Africa, Latin America, and Asia. The ...
Global
Global: Google Teams Up with Wise to Enhance Global Remittance Access
Google has partnered with Wise to make international money transfers more accessible, starting with a pilot program for US-based users. The initiative allows ...
News
Nigeria: Tinubu Names Idris Olorunnimbe as NCC Chairman, Constitutes USPF Board
President Bola Ahmed Tinubu has appointed Idris Olorunnimbe as Chairman of the Nigerian Communications Commission (NCC), the country’s telecommunications regulator. The appointment coincides ...
Global
Global: Ant International, ADIO Forge Partnership to Boost Fintech Innovation in Abu Dhabi
The Abu Dhabi Investment Office (ADIO) has signed a Memorandum of Understanding (MoU) with Ant International, a global leader in digital payments and ...
Global
Global: UAE Nears Rollout of Digital Dirham to Boost Financial Innovation and Inclusion
The Central Bank of the UAE (CBUAE) is in the final stages of launching its long-anticipated retail and wholesale central bank digital currency ...
News
Tanzania’s Instant Payment Transactions Soar to $11.6 Billion in 2024
Tanzania’s real-time payment transactions surged in 2024, with the Tanzania Instant Payment System (TIPS) processing TSh29.9 trillion (US$11.6 billion) by year-end—more than double ...
Africa
Africa: UBA and PAPSS Launch AI-Powered Local Currency Transfers to Boost Intra-African Trade
United Bank for Africa (UBA) Plc has taken a bold leap forward in advancing cross-border financial inclusion with the integration of the Pan-African ...
News
SA: MTN South Africa deploys biometric ID verification to combat telecom fraud
MTN South Africa has introduced a cutting-edge biometric digital identity system across all its retail outlets, enabling customers to verify their identities using ...