Kenya
Telkom Kenya cleared of irregular privatisation
Telkom Kenya has been cleared of allegations of irregular privatisation, conflict of interest and restructuring of the company’s balance sheet by Ethics and ...
News
Insuretech startup Counterpart raises $10M in funding round led by Valor Equity Partners
Insuretech startup Counterpart, has raised $10 million in funding led by Valor Equity Partners. Also participating was Susa Ventures and Felicis Ventures. Counterpart ...
News
Boost Ghana and KudiGo Selected as the First Cohort of the Catalyst Fund Inclusive Digital Commerce Accelerator
The Catalyst Fund Inclusive Digital Commerce accelerator, managed by BFA Global, in partnership with the Mastercard Foundation COVID-19 Recovery and Resilience Program and ...
News
Australia to impose tighter restrictions on new challenger banks
The Australian Prudential Regulatory Authority is to impose stricter conditions on applicants for deposit-taking licences following the recent collapse of digital challenger Xinja ...
News
Zeepay – changing the remittance narrative via fintech disruption
It is a paradox that a continent that is often described as having very little to offer, can produce such consistent and persistent ...
News
Nigeria: GTB Plans to Acquire Kenyan Bank
GTB already has branches in Kenya, Ghana and eight other countries. The management of Guaranty Trust Bank is making plans to acquire a ...
News
Lagos Bus Services commence deployment of contactless payment card to commuters
The Managing Director/Chief Executive Officer of Lagos Bus Services Limited (LBSL), Mr Idowu Oguntona, has announced that the company commenced deployment of the ...
News
Rwanda: Bank of Kigali Named Best Bank in Rwanda
Global Finance has named Bank of Kigali as the best bank in Rwanda in 2021. The announcement was made during the 28th annual ...
News
Fintech startup, Afriex raises $1.2m seed round as it expands across Africa
Y Combinator-backed fintech startup, Afriex, a platform that provides instant, zero-fee transfers to Africans at home and in the diaspora has raised $1.2 ...
Egypt
Central Bank of Egypt offers EGP19 billion worth of treasury bills
The Central Bank of Egypt has issued treasury bills worth EGP19 billion ($1.21 billion) on behalf of the Finance Ministry. Governments resort to ...