Egypt
Egypt: All EGX indices up, benchmark increases 0.4%
The Egyptian Exchange (EGX) indices went up collectively at the close of Tuesday’s trading. The market capital gained some LE 2.3 billion, registering ...
News
Sierra Leone: Orange Launches New System to Protect Data
Orange Sierra Leone has launched a new data backup service, named Orange Cloud. The service which was launched this year, can be used ...
Global
Global: Fireblocks appoints Bank of England head of fintech Varun Paul as CBDC lead
Digital asset firm Fireblocks has appointed the former head of fintech at the Bank of England, Varun Paul, as its new central banking ...
Global
Basel Committee finalises principles on climate-related financial risks, progresses work on specifying cryptoassets’ prudential treatment and agrees on way forward for the G-SIB assessment methodology review
Basel Committee finalises principles for effective management and supervision of climate-related financial risks. Progresses work on specifying cryptoasset prudential treatment and issuing a ...
Kenya
Kenya: More Kenyan borrowers are defaulting on loans, signaling a looming mass collateral seizures
As of April 2022, loan defaults in Kenya had risen to a one-year-high, with the ratio of non-performing loans jumping to 14.1% according ...
News
World Bank Disapproves Of Central African Republic’s Bitcoin Legal Tender Trajectory
The World Bank has expressed concerns over a plan by the Central African Republic to set up a crypto hub, weeks after the nation ...
Egypt
Egypt: Telecom Egypt achieves 12% revenue growth in Q1 2022
Telecom Egypt has announced strong Q1 2022 results for the period ending 31 March 2022 with consolidated revenue growing 12% YoY landing at EGP ...
Global
Global: MAS to test DeFi applications in wholesale funding markets
The Monetary Authority of Singapore is collaborating with JPMorgan, DBS Bank and Marketnode to explore the use of digital assets in tokenization and ...
Kenya
Kenya: KCB Named Best Bank in Kenya for Sustainable Finance
KCB Bank has been named as the ‘Best Bank in Sustainable Finance in Kenya 2022’ in recognition for its efforts in creating a ...
Global
Global: GSMA says Google, Facebook, others are squeezing telcos’ revenue
The global body of mobile network operators, GSM Association (GSMA), has said that online services providers such as Google, Facebook (Meta), and Netflix, ...
