Grey, a Nigerian fintech that provides virtual international bank accounts to Africans, has raised $2 million in seed funding. The seed funding round included participation from Y Combinator, Soma Capital, …
The Central Bank of Nigeria (CBN) has unveiled the unstructured supplementary service data (USSD) code for the eNaira to enhance financial inclusion in the country. Godwin Emefiele, CBN governor, inaugurated …
With an average monthly net salary of $385 after taxes, Morocco has the highest average salary in the North Africa region in 2022, according to a report published this month. …
A recent report by Bayt.com, the MENA region’s leading job-seeking platform, has found that 63% of Moroccan respondents want to be self-employed while 28% seek employment in a company. Titled …
The value of cheque transactions in Nigeria has fallen month-on-month (MoM) by 12 per cent to N240 billion in July from N274 billion in June, as the cashless economy continues …
The board of Shelter Afrique has appointed Thierno-Habib Hann as the new chief executive to succeed MR Andrew Chimphondah who quit suddenly in February. Mr Hann currently serves as the …
The Nigeria Inter-Bank Settlement Systems (NIBSS) has said that transactions done on the Point of Sales (PoS) terminals across Nigeria rose by N1.05 trillion from N3.56 trillion in the first seven …
Pastel, a Nigerian bookkeeping and digital platform for merchants, on Monday secured a $5.5M seed fund. The seed round was led by pan-African venture capital firm TLcom Capital and included …
The Bank of Ghana has assured that its quest to implement the digital currency, also known as the e-cedi, will not disrupt or collapse the mobile money (MoMo) system. According …
The Saudi Public Investment Fund (PIF) has purchased 25% of Egypy’s e-finance for Digital and Financial Investments’ (EFIH) shares, according to a press release on Wednesday. Accordingly, the PIF now is the largest single …
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