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Women in informal cross-border trade in Sub-Saharan Africa, an untapped potential to feed, integrate and industrialize Africa
Regional integration, a pivotal element of Africa’s transformation agenda, is one of the five key priorities of the African Development Bank. As part ...
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African Development Bank extends $2 million grant to strengthen cybersecurity and boost financial inclusion in Africa
African Development Bank’s board of directors has awarded a $2 million grant to establish the African Cybersecurity Resource Center (ACRC) for Financial Inclusion ...
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Regulated fincrime company Elucidate raises EUR 2.5
Elucidate, a financial crime risk scoring platform, has announced that it has raised EUR 2.5 million in a pre-Series-A funding round led by ...
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Ripple and MoneyGram Partnership Ends amid SEC Lawsuit
Ripple and MoneyGram’s partnership through which they furthered remittance services using XRP and Ripple technology has officially ended. Both firms seem to have ...
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The Africa Digital Inclusion Facility approves grants worth $1.3 million for two research efforts to enhance women’s digital access to loans and micro-insurance
The African Development Bank has approved two grants for research that will increase African women’s access to a range of digital financial services ...
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Branch International appoints Dayo Ademola as Managing Director in Nigeria
Branch International, the leading digital finance app with over 20 million users, has announced the appointment of Dayo Ademola as Managing Director in ...
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African Development Bank named the World’s Best Multilateral Financial Institution 2021 by Global Finance
The prestigious U.S. magazine, Global Finance, specializing in financial markets and investment banking, has named the African Development Bank as the “Best Multilateral Financial ...
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COVID-19 Loans CBN Directs Banks to Extend Discounted Interest Rates
The Central Bank of Nigeria (CBN) has directed commercial banks to formally extend repayment of credit facilities given to cushion the COVID-19 pandemic. ...
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Application for CBN COVID-19 stimulus package for households, businesses reopens
The Central Bank of Nigeria’s Targeted Credit Facility portal has reopened for fresh applications. The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) announced ...
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PayPal Confirms It’s Buying Crypto Security Firm Curv
PayPal has said it has agreed to acquire Israel-based Curv, a provider of cloud-based infrastructure for digital asset security. The financial terms of the ...