Ghana
Ghana: eCedi Pilot Records GH₵473 Million in Transactions – Bank of Ghana
The Bank of Ghana’s eCedi pilot program has reached a significant milestone, achieving a transaction value of GH₵473 million across over 96,000 transactions ...
Global
Global: Mastercard Launches Payment Passkey Service in the Middle East
Mastercard has teamed up with noon Payments, a leading payment service provider in the Middle East and North Africa (MENA) region, to introduce ...
News
Nigeria: IMF Urges Nigeria to Prioritize Expanding Tax Revenue
The International Monetary Fund (IMF) has called on the Nigerian government to implement a more effective tax collection system to expand its revenue ...
News
Nigeria: New Non-Resident BVN Platform to Ease Banking for Nigerians Abroad
The Nigerian Inter-Bank Settlement System (NIBSS) is set to launch a new platform for non-resident Nigerians in December 2024, making it easier for ...
News
Nigeria: Interbank Rates Decline as FAAC Inflows Boost System Liquidity
Interbank rates in Nigeria’s money market have dropped following liquidity injections from the Federal Account Allocation Committee (FAAC), which eased pressures on the ...
News
Ethiopia Excludes Diaspora and Foreign Investors from Historic Ethio Telecom IPO
Ethiopia’s decision to exclude foreign and diaspora investors from participating in the highly anticipated Ethio Telecom IPO could hinder the development of its ...
News
Nigerian Government Partners with Ericsson to Accelerate 5G Connectivity
As Africa’s most populous nation, Nigeria represents over 15% of the continent’s population, making its collaboration with Ericsson pivotal in advancing digital transformation ...
Global
Global: Mastercard Launches New Solution to Streamline Commercial Cross-Border Payments for Banks
Mastercard has unveiled a new solution designed to enhance commercial cross-border payments by offering near real-time, transparent, and predictable transactions for banks and ...
News
Nigeria: Money Market Rates Decline as Financial System Liquidity Improves
Money market rates dipped on Monday as liquidity levels in Nigeria’s financial system improved ahead of bond auction debits. Despite the absence of ...
Africa
Africa: Binance Integrates Mobile Money Payments to Expand Crypto Access Across Africa
Binance, a leading global blockchain and cryptocurrency infrastructure provider, has announced the integration of mobile money payments into its platform to enhance access ...