Kenya
Kenya: Banks, CBK hold talks on return of mobile cash transfer charges
Banks are in talks with the Central Bank of Kenya (CBK) to reinstate charges on customers’ transfer of money from bank accounts to ...
Kenya
Kenya: KCB Group PLC Completes Acquisition of Popular Bank of Rwanda
KCB Group PLC has completed the acquisition of Banque Populaire du Rwanda Plc (BPR) from Atlas Mara Mauritius Limited and Arise B.V. This ...
News
Nigeria: CBN threatens prosecution of forex policy defaulters
Nigerian banks have warned that defaulters of the new foreign exchange policy may face criminal prosecution by the Central Bank of Nigeria. The ...
News
Zimbabwe: Ecocash Reviews Charges
EcoCash, Zimbabwe’s largest mobile money platform, will adjust its transactional charges by an average 10 percent next month after obtaining the green-light from ...
Africa
Facebook expands Marketplace to 37 more countries in Sub-Saharan Africa
Social media giant Facebook, has announced the launch of Marketplace to 37 countries and territories in Sub-Saharan Africa. This is in addition to ...
Global
El Salvador has commenced installation of 200 ATMs ahead of bitcoin adoption in September
Two months ago, El Salvador adopted bitcoin as its legal tender, making it the first country to accept bitcoin as a legal tender. ...
News
Nigeria: CBN incurs N379B Anchor borrowers debt
The Central bank of Nigeria recorded a shortfall of N378.5bn in loan repayment by beneficiaries under the Anchor Borrower’s programme in six years, ...
Africa
Angola’s Unitel rolls out mobile money service
Unitel, Angola’s mobile operator, launched its mobile money service Unitel Money, which will allow subscribers to easily make financial transactions using their mobile ...
News
Nigeria: EFCC urges banks to ‘query’ customers’ sources of income
The Chairman of the Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa, has urged banks in the country to investigate the sources of ...
Global
Binance Singapore Appoints Former Regulator as CEO in Effort to Become ‘a Leader in Regulatory Compliance’
Global cryptocurrency exchange Binance has hired a former regulator as the new CEO for its operations in Singapore. Binance aims to become “a ...