Contact financial crimes such as banking-related robberies fell 24% in 2020 given the movement restrictions and visible policing linked to Covid-19 lockdowns. This is revealed in the latest annual crimes …
Ghana’s central bank on Monday kept its main interest rate unchanged at 13.5% with concerns over rising inflation balanced out by optimistic Covid-19 recovery forecasts, Governor Ernest Addison said in …
Egypt’s central bank has approved the granting of licences to allow merchants to accept contactless payments from their customers’ mobile phones, it said on Sunday. It did not say how …
The rand is taking a bigger hit than most of its emerging-market peers as an energy crisis and Chinese growth concerns batter the South African currency and worsen the country’s …
Zimbabwean Vice President Constantino Chiwenga issued a threat against the parallel-currency market traders, becoming the nation’s most senior official to acknowledge the risk that a resurgent black market poses to …
FirstBank Nigeria Limited, in a bid to expand diaspora remittance inflow into the country, has increased its network of International Money Transfer Operators (IMTOs). In a statement issued by the …
Vodacom Group Ltd. has agreed to fund Safaricom Telecommunications Ethiopia PLC, a new mobile telecommunications services provider in Ethiopia. The company is backed by an international consortium including Safaricom PLC, …
The Board of Directors of the African Development Bank Group (AfDB.org) has approved a $50 million Trade Finance Unfunded Risk Participation Agreement (RPA) facility between the African Development Bank and …
African Media Agency(AMA)- An estimated 57 per cent of the population in Sub Saharan Africa remains financially excluded while close to 30 per cent remain without a form of identification …
Mashreq Bank has appointed Ragia Samir as Senior Vice President and Head of Marketing in Egypt. Ragia has more than 20 years of experience in the marketing field in Egypt …
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