BankingFeaturedBank of Africa to launch a new innovative offering for South to North money transfersInternational Finance Business DeskSeptember 3, 2021 by International Finance Business DeskSeptember 3, 2021 In order to do so, it has partnered with Sopra Banking Software (SBS)... Read more
FeaturedTechnologyVC LoftyInc Capital announces fund to invest in tech startups across AfricaInternational Finance Business DeskSeptember 2, 2021 by International Finance Business DeskSeptember 2, 2021 The LoftyInc Afropreneurs Fund 3 will invest nearly $10 mn in tech businesses in Africa... Read more
CurrencyFeaturedCentral Bank of Nigeria caps transfer limit for e-Naira at N50,000International Finance Business DeskSeptember 1, 2021 by International Finance Business DeskSeptember 1, 2021 According to the central bank, e-Naira will be officially unveiled later this year... Read more
EconomyFeaturedIFC invests $10.4 bn in the private sector of MENAInternational Finance Business DeskAugust 25, 2021 by International Finance Business DeskAugust 25, 2021 The funds will help thousands of small businesses gain access to finances, trading, and partnership... Read more
FeaturedTechnologyKenya Airways signs MoU to develop futuristic aircraftInternational Finance Business DeskAugust 19, 2021 by International Finance Business DeskAugust 19, 2021 The carrier signed the MoU with Embraer’s Eve Urban Air Mobility Solutions division... Read more
BankingFeaturedNigeria’s central bank issues new guidelines to further regulate MMOsInternational Finance Business DeskAugust 11, 2021 by International Finance Business DeskAugust 11, 2021 Regulatory changes were made in this regard previously in 2015... Read more
FeaturedFintechKenyan fintech Pesapal receives authorisation from the central bankInternational Finance Business DeskAugust 4, 2021August 4, 2021 by International Finance Business DeskAugust 4, 2021August 4, 2021 The company can now run its payment gateway services in compliance with National Payment System (NPS) Act 2011... Read more
FeaturedInsuranceNigeria ranks fifth in Africa in terms of premiums: Swiss ReInternational Finance Business DeskAugust 4, 2021August 4, 2021 by International Finance Business DeskAugust 4, 2021August 4, 2021 Nigeria comes last in terms of insurance premiums among nine African markets... Read more
EnergyIndustryMagazineHow renewable energy is empowering women in rural Africa?International Finance Business DeskJuly 30, 2021August 2, 2021 by International Finance Business DeskJuly 30, 2021August 2, 2021 Providing renewable energy as a catalyst for development cannot be achieved without including women... Read more
FeaturedTechnologyKenyan tech startup KOSA AI raises pre-seed funding to tackle AI-biasInternational Finance Business DeskJuly 26, 2021 by International Finance Business DeskJuly 26, 2021 The company enables organisations in various sectors like healthcare, HR, credit risk and insurance to deploy more inclusive technology... Read more