News
Rwandan SMEs to Gain $36 Million Boost from East African Development Bank
Rwanda’s Small and Medium Enterprises (SMEs) are set to benefit from a significant financial boost with the East African Development Bank (EADB) launching ...
Ghana
Ghana: Bank of Ghana Launches Centralized Digital Platform to Modernize Forex Transactions and Strengthen Oversight
The Bank of Ghana (BoG) has unveiled a new centralized online foreign exchange (forex) trading platform, mandating its use by all licensed Foreign ...
News
Nigeria: ATCON’s Strategic Stakeholders Meeting Enhances ICT Collaboration in Nigeria
As Nigeria braces for potential national unrest, the Association of Telecoms Companies of Nigeria (ATCON) hosted a pivotal Strategic Stakeholders Meeting in Abuja. ...
News
Nigeria: Sterling Holdings Sees 52.3% Increase in Post-Tax Profit
Sterling Financial Holdings has reported a substantial 52.3% rise in its profit after tax, reaching ₦16.26 billion for the first half of the ...
News
Nigeria’s External Reserves Reach $36.80 Billion Ahead of Retail Dutch FX Auction
Nigeria’s foreign reserves have risen to approximately $36.80 billion, driven by disbursements from the International Monetary Fund (IMF) and oil revenue remitted by ...
Kenya
Kenya: Fitch Downgrades Kenya to ‘B-‘ with Stable Outlook
Fitch Ratings has downgraded Kenya’s Long-Term Foreign-Currency Issuer Default Rating (IDR) from ‘B’ to ‘B-‘, maintaining a stable outlook. This decision reflects growing ...
Global
Global: Argentina to Deploy AI Task Force for Crime Prediction and Prevention
Argentina is set to launch a dedicated task force to harness artificial intelligence (AI) in predicting and preventing future crimes. The initiative, spearheaded ...
Global
Global Surge in Biometrics Adoption Driven by Digital Trust Needs
Biometrics are increasingly becoming central to establishing digital trust across various sectors worldwide. Recent updates from Biometric Update highlight significant developments in this ...
Global
Global: Mauritania Unveils Digital ID App to Enhance Service Access and Governance
Mauritania has launched a new digital ID app as part of a pilot program designed to improve access to essential services and enhance ...
News
Nigeria: UBA Leads as Nigeria’s Most Visited Banking Website in June 2024
In June 2024, United Bank for Africa (UBA), a prominent pan-African financial services group, emerged as Nigeria’s most visited banking website, recording 2.36 ...