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DMO Plans to Issue Sukuk Bond in Third Quarter of 2021
Nigeria’s Debt Management Office (DMO) has revealed a plan to issue a Sukuk bond in the third quarter of 2021, Patience Oniha, Director-General ...
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Sinch raises $1.1 billion in direct share issue
Sinch – the Swedish customer engagement giant- raised $1.1 billion in a direct share issue, with the majority of the funds coming from ...
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Allianz Africa makes leadership announcements in Kenya, Senegal
Allianz Africa has recently made leadership announcements for its operational entities in Kenya and Senegal. Adja Samb, currently CEO of Allianz Senegal has ...
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African fintech OPay is reportedly raising $400M at over $1.5B valuation
Chinese-backed and Africa-focused fintech platform OPay is in talks to raise up to $400 million. The fundraising is coming two years after OPay ...
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SEC OKs Nasdaq Proposal To Allow IPO Alternative
The Nasdaq exchange is permitted to host direct listings of companies going public without involving investment banks under a new ruling by the ...
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Spanish brokerage platform launches open banking payments with Truelayer
Financial API provider TrueLayer has partnered with yet another fintech, this time Spanish investing platform HeyTrade. The partnership will see HeyTrade’s customers use ...
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South Africa’s central bank begins preliminary study for retail CBDC
South Africa is the latest country to begin exploring the possibility of creating its own sovereign digital currency. According to a release issued ...
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Thailand’s Siam Commercial Bank to launch online travel app
Thailand’s oldest lender, Siam Commercial Bank Pcl (SCB) (SCB.BK), said it plans to launch a hotel booking application next year that does not ...
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Dutch central bank rolls back on tighter checks for digital currency withdrawals
The central bank of the Netherlands, DNB, has reversed its recent decision to tighten up the rules around withdrawals from cryptocurrency exchanges, over ...
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Mastercard joins $25 million round in Australia’s mx51
Mastercard has joined a $25 million funding round in Australian payments-as-a-service fintech mx51. The funds represent mx51’s first major round of investment, secured ...