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Google to scale up SME with new programme
Google plans to introduce a series of programmes this month to scale up small and medium enterprises (SME) in Africa’s post-COVID-19 economy. Google ...
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Uganda: Airtel and KCB Bank tackles financial Inclusion
KCB Bank, Airtel Uganda to rollout low-cost mobile loan & savings products through Airtel Money In conjunction with Airtel Uganda, KCB Bank Uganda ...
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Nigerian stock market rebounds by N102bn on bargain hunting
The bulls returned to the Nigerian stock market with investors’ net worth appreciating by N102 billion on bargain hunting. The bullish performance was ...
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Members of East Africa Community Explore Potential Use of CBDC for Alternative Regional Payment System
Six East African states are reportedly set to explore the possibility of using central bank digital currencies (CBDC) as an alternative to their ...
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El Salvador approves bitcoin as legal tender
Bitcoin is to become legal tender in El Salvador, the country’s president said, making it the first nation to adopt a cryptocurrency for ...
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Ecobank seeks to raise $300m from debt markets
Ecobank Transnational Incorporated, the parent company of the Ecobank Group, has said it is seeking to raise $300m from the international debt capital ...
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UBA, Germany partner on N25b loans for Nigerian SME
The United Bank for Africa (UBA) Plc and Deutsche Investitions- und Entwicklungsgesellschaft mbH (DEG), the German development finance institution, have entered into a ...
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Hong Kong includes central bank digital currency in fintech strategy
The Hong Kong Monetary Authority (HKMA) has published its “Fintech 2025” strategy with central bank digital currencies (CBDC), both retail and wholesale, included ...
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Kenya and EAC sued over $2.34b IMF loan
Kenya’s Attorney-General Justice Kihara Kariuki and the EAC Secretary-General Peter Mathuki have been named as first and second respondents respectively in a case ...
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Tanzania Warns Telecom Companies Over Disclosure of Customer Information
The Tanzanian government has said that it would take tough action against telecommunication companies found disclosing their customers’ information to third parties. Speaking ...