The new limits are expected to push individuals and businesses to adopt digital payment channels such as mobile money and online banking
Money
The acquisition of the U.S. broker-dealer license is more than a corporate milestone—it’s a pivotal moment for African investment accessibility
This pivotal move is poised to make credit more affordable for individuals and businesses, fostering broader economic participation.
With €2 billion secured and global investors watching closely, AFC and BOI are proving that Africa is not just part of the global economy—it’s shaping its future.
Bitcoin has surged to an all-time high of $80,000, setting a new record just days after the 2024 US election. Reaching its peak on Sunday, this milestone supports analysts’ predictions that the crypto asset could surpass $100,000 by the end of the year.
Following the recent U.S. presidential elections, Bitcoin (BTC) has gained 2.4% in the past 24 hours, breaking the $70,000 threshold in early trading today
October 2024 marked a significant milestone for African startups, amassing $254 million in funding, fueled primarily by a record-setting Series C round from Nigerian fintech giant, Moniepoint
Wema Bank has launched a new mobile banking platform, the ALAT Xplore App, specifically designed for Nigerian teenagers aged 13 to 17
Octavia Carbon, a pioneering Kenyan startup specializing in Direct Air Capture (DAC) technology, has raised $3.9 million in seed funding to scale its carbon removal operations
On October 2, 2024, the Central Bank of Nigeria (CBN) announced a major shake-up in the way foreign exchange (forex) transactions will be conducted in the Nigerian market. If you’ve ever wondered why forex seems so confusing—or why it sometimes feels like it works against the everyday person—this new system, called the Electronic Foreign Exchange…