Category: Fintech
Enza secures $6 million to enhance payment capabilities for African banks
•
On Monday, Enza, a fintech startup founded by former Network International executives Hany Fekry and Hamish Houston, announced…
FRA grants MNT-Halan approval for paperless e-KYC in Egypt
•
The Financial Regulatory Authority (FRA) has granted MNT-Halan, Egypt’s leading fintech company, approval to introduce electronic Know Your…
Visa to build data centre in Nigeria, strengthening digital economy
•
Visa Inc., a global leader in payment services, has announced its commitment to long-term investment in Nigeria with…
Absa Bank Kenya hits 14% revenue growth, reaching Kshs 62.3 billion in 2024
•
Absa Bank Kenya reported a 14 per cent growth in overall revenue to Kshs. 62.3 billion, driven by…
Ethiopia issues licences to first-ever investment banks
•
The Ethiopian Capital Market Authority (ECMA) on Thursday licensed the country’s first investment banks, marking a major milestone…
Baobab Nigeria lent N500 billion to MSMEs to drive financial inclusion
•
Baobab Nigeria has lent nearly N500 billion to micro, small, and medium-sized enterprises (MSMEs), reinforcing its commitment to…
First Bank named Best Private Bank in Nigeria and Africa for third consecutive year
•
For the third year in a row, First Bank of Nigeria Limited, the country’s top bank and top…
Mali digitises payment and land management systems
•
On Tuesday, Mali unveiled two innovative digital platforms to transform public service delivery. Prime Minister Abdoulaye Maïga introduced…
Bank of Ghana approves BrijX pilot for direct cedi-naira currency swaps
•
The Bank of Ghana has announced that Brij Fintech Ghana, a licensed Payment Service Provider, has been approved…
Cooperative Bank of Kenya reports 9.8% profit increase in 2024
•
Co-operative Bank of Kenya (Co-op) recorded a 9.8 percent increase in profit, rising from KSh 23.2 billion in…
