News
Nigeria’s External Debt Servicing Rises to $2.78 Billion in First Seven Months of 2024
Nigeria’s external debt servicing costs have surged significantly, reaching $2.78 billion in the first seven months of 2024, marking a 53.63% increase compared ...
Africa
Africa: Unlocking the Future of Healthcare: 2024 Digital Health Conference to Drive Innovation and Compliance Across Africa”
Virtual Event Dates: Thursday, 28th – Friday, 29th November 2024 Africa is at the forefront of a transformative digital health revolution, and the ...
Africa
Africa: Chpter Secures $1.2 Million in Pre-Seed Funding to Expand AI-Powered Conversational Commerce Across Sub-Saharan Africa
Chpter, an innovative AI-powered conversational commerce platform designed to help merchants enhance sales through social platforms like WhatsApp and Instagram, has successfully raised ...
News
Nigeria: Fidelity Bank Partners with Mastercard to Enhance Cross-Border Payments in Nigeria
Fidelity Bank Plc has teamed up with Mastercard to introduce a new initiative aimed at improving cross-border payments and remittances in Nigeria. In ...
News
Nigeria: Grey Collaborates with dLocal to Transform Cross-Border Payments in Emerging Markets
Nigerian fintech company Grey has announced a strategic partnership with dLocal, a leading cross-border payment platform specializing in emerging markets. This collaboration aims ...
Africa
Africa: AI and Machine Learning Transforming Fintech: Insights from Derick Kazimoto, CEO of Tausi Africa
Financial Inclusion Africa recently featured Derick Kazimoto, CEO of Tausi Africa, in a podcast that delved into the transformative impact of artificial intelligence ...
News
Nigeria: CBN Sells N1.6 Trillion in OMO Bills at 21.8% to Investors
The Central Bank of Nigeria (CBN) successfully sold N1.63 trillion in Open Market Operation (OMO) bills to investors in two auctions conducted this ...
News
Nigeria: Citibank Nigeria Appoints Nneka Enwereji as New CEO
Citibank Nigeria Limited has announced the appointment of Nneka Enwereji as its new Managing Director and Chief Executive Officer, effective August 19, 2024, ...
Kenya
Kenya’s Inflation Rate Edges Up to 4.4% in August
Kenya’s inflation rate increased slightly to 4.4% year-on-year in August, up from 4.3% in July, according to data released by the Kenya National ...
News
Nigeria: Union Bank of Nigeria’s Ratings Downgraded by GCR Due to Weakened Capital Base
GCR Ratings has downgraded Union Bank of Nigeria (UBN) Plc.’s national scale long-term and short-term issuer ratings, lowering them from BBB+(NG) and A2(NG) ...