News
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 ...
News
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 ...
News
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 ...
News
Austrian Blockchain Company Builds Platform to Tokenize Solar Energy
A Vienna-based blockchain interface company, has built a platform for consumers to invest in energy produced by solar power through tokenization. Riddle&Code Energy ...
Innovation
IFIN launches Islamic financing platform
Bahrain-based Islamic fintech provider IFIN (Islamic Finance Initiation Network), has launched a real economy, automated Islamic financing platform. IFIN’s cloud-based platform reduces the ...
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CBN vows to increase forex allocation to banks, assures liquidity for SMEs, travellers
The Central Bank of Nigeria (CBN) has vowed to increase foreign exchange allocated to banks for travellers, Small and Medium Enterprises (SMEs). CBN ...
News
Cashfree gets the backing of State Bank of India
Bengaluru-based Cashfree announced that the State Bank of India (SBI) has invested an undisclosed amount. The country’s largest public sector lender- SBI joins ...
News
UNObank gets digital banking licence in Philippines
UNObank, a Singapore-based fintech, has received a licence to operate a digital bank in the Philippines. Uno, which is operated by Digibank ...
News
Wema Bank launches *945# Democracy Campaign
As Nigeria marks 22 years of unbroken civilian rule, leading innovative financial institution, Wema Bank, is celebrating the occasion with its customers by ...