Egypt
Egypt: World Bank raises its forecast for Egypt’s economic growth to 6.1% in 2022
The World Bank raised its forecast for the growth of the Egyptian economy during 2022 to 6.1 percent, compared to 5.9 percent in ...
News
Nigeria: Meet Mudassir Amray, the new CEO of Union Bank
Mudassir Amray became the new Chief Executive Officer of Union Bank after Titan Trust Bank Limited, a subsidiary of TGI Group completed the acquisition ...
Global
Apple announces new buy now, pay later feature via Apple Pay
Tech giant Apple is jumping into the buy now, pay later (BNPL) fray via a new Apple Pay feature. The feature, dubbed Apple ...
News
Nigeria: ABCON urges CBN to use BDCs to end multiple exchange rates
President, the Association of Bureaux De Change Operators of Nigeria (ABCON), Alhaji Aminu Gwadabe, has advocated for a single exchange rate and urged ...
Global
Global: 105 Countries Are Exploring Central Bank Digital Currencies, CBDC Tracker Shows
There are now 105 countries that are exploring central bank digital currencies (CBDCs). Among them, 50 countries are in an advanced phase of ...
News
Nigeria: Banks’ borrowing from CBN rises 63% to N1.8trn
The upward trend in banks’ borrowing from the Central Bank of Nigeria, CBN, persisted in May, rising by 63 per cent, Month-on-Month, MoM, ...
Global
Ethiopian Central Bank: Business Transactions Using Bitcoin Are “Illegal”
The National Bank of Ethiopia issued a statement reminding its citizens that business transactions made with bitcoin and other cryptocurrencies are “illegal”. Ethiopia’s ...
News
Nigeria’s Internet Subscriptions Reach 147m, Highest in 13 Months
One hundred and forty-eight million, one hundred and one thousand, seven hundred and eighty-nine (148,101,789) is the number of internet subscription base of ...
Egypt
Egypt: Telecom Egypt and Etisalat Misr sign $900 million commercial deals
Operators Telecom Egypt and Etisalat Misr have announced the signing of six new commercial and strategic agreements worth a staggering EGP 17bn ($911 ...
News
Nigeria: Sendy Partners with Google to Empower Small Businesses in Nigeria
Sendy, an e-commerce and consumer brands tech company, has partnered with Google in an initiative aimed at empowering Africa’s small and medium businesses ...
