Category: Fintech
Flend becomes the first SME non-bank digital financial institution in Egypt
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Flend, a trailblazing digital financing platform that focuses on small, emerging, and medium-sized businesses (SMEs) has secured a…
CBN, SEC approve FCMB’s N147bn rights offer, attracting over 42,000 investors
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The Securities and Exchange Commission (SEC) and the Central Bank of Nigeria (CBN) have approved FCMB Group’s N147…
Ecobank partners with Afreximbank to streamline cross-border trade in Africa
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Ecobank Group, a leading private pan-African banking company and African Export-Import Bank (Afreximbank), a pan-African multilateral financial organisation…
TymeBank and Moniepoint: The fintech champions transforming Africa’s informal markets
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In recent weeks, two African fintech giants, TymeBank and Moniepoint, have achieved unicorn status, raising over $1 billion…
CBN mismanaged N2.73 trillion interest on Ways and Means: Auditor-General Chira
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The federal government has accused the Central Bank of Nigeria (CBN) of mismanaging N2.73 trillion in interest payments…
Bank of Zambia launches K5 billion facility for businesses affected by drought, electricity shortage
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The Bank of Zambia has launched the Stability and Resilience Facility (SRF) to protect financial stability and strengthen…
Sterling Financial HoldCo secures CBN nod for N75 billion capital increase, eyes public listing
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Sterling Financial HoldCo has received approval from the Central Bank of Nigeria (CBN) for its N75 billion capital…
Visa, Naps partner to enhance financial inclusion in Morocco
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Visa and Naps announced a strategic partnership on Friday to promote financial inclusion and fast track the implementation…
Ethiopia launches first Sharia-compliant digital financing service with Ansar platform
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Ethiopia has entered a new era in financial innovation with the launch of Ansar Digital Financing, the country’s…
Nyala Insurance S.C. to boost Ethiopia’s digital insurance payments with Safaricom’s M-PESA
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Safaricom’s M-PESA and Nyala Insurance S.C. (NISCO) have partnered to provide the Ethiopian insurance industry with secure, seamless…
