Kenya
Kenya: Ping Express’ CEO and COO Imprisoned for Money Laundering
Ping Express’ CEO Anslem Oshionebo and COO Opeyemi Ode have both received a combined 8 years in US Federal prison for money laundering. ...
Global
Global: Paraguayan Senate Approves Cryptocurrency Bill
The Paraguayan Senate has approved a bill that seeks to regulate cryptocurrencies and their operations in the country. The bill, which had already ...
News
Nigeria: CBN Raises Interest Rate from 13% to 14%
The Central Bank of Nigeria (CBN), Tuesday, raised the Monetary Policy Rate (MPR) from 13 percent to 14 percent amid continued inflationary pressure occasioned by ...
Global
Global: Apple sued over Apple Pay payment system
The tech giant is being accused of using its market power in the mobile phone industry to fend off competition from other payment ...
News
South Africa: South Africa’s Competition Commission approves SEACOM and EOH deal
South Africa’s Competition Commission, has approved pan-African telecommunications provider SEACOM Group’s acquisition of EOH Network Solutions (EOH-NS) and Hymax, divisions of iOCO, the ...
Global
Global: Australian central bank governor favors private sector crypto technology
Phillip Lowe believes that there are risks in dealing with cryptocurrency that can be mitigated by strong regulations, but the tech should be ...
Egypt
Egypt: Central bank approves Telda card and app
Telda seeks to revolutionize the financial ecosystem in Egypt as it rolls out new products Telda has launched its card and application operations after ...
Global
Global: South Korea to start real-world testing of CBDC with 10 commercial banks
The Bank of Korea is progressing to the next phase of its central bank digital currency (CBDC) development which is real-world testing. In ...
Global
Global: Crypto exchange Binance fined $3.4 million by Dutch central bank for operating illegally
Binance, the world’s largest cryptocurrency exchange, on Monday was slapped with a 3.3 million euro ($3.4 million) fine from the Dutch central bank ...
Africa
Africa: Afreximbank Provides Grant to Grand Africa Initiative to Train African Youth Entrepreneurs on Delivering AfCFTA Goals
African Export-Import Bank (Afreximbank) has announced a grant to Grand Africa Initiative (GAIN) targeted at training two hundred young African entrepreneurs on entrepreneurship and intra-African ...
