The Central Bank of Kenya (CBK) has directed banks and microfinance institutions to seize dealing with payments technology firms Flutterwave and Chipper Cash. In a letter to chief executives, the …
Xend Finance, a global crypto bank, has announced the launch of XendBridge, a digital payment API, and SwitchWallet, a free public wallet infrastructure. The launch of XendBridge and SwitchWallet add …
Sudo Africa, Nigerian fintech has appointed Farida Kabir as its new Head of Growth. Sudo Africa, which was launched in 2020, provides a card-issuing API to businesses and developers. Founded by Aminu …
Bizao, a fintech company present in over 10 African countries, has announced an €8 million Series A funding round. The company hopes to accelerate its geographical footprint across the continent …
Debt servicing surpassed Nigeria’s generated revenue in the first quarter of this year, the Ministry of Finance revealed on Thursday. In the fiscal performance report released by the ministry, the …
South Africa’s central bank raised its benchmark interest rate by three-quarters of a percentage point to 5.5 percent on Thursday — the steepest hike in a decade. The move — …
Payment technology and card business, Verve International has welcomed its first francophone e-commerce and merchant aggregator, CinetPay into the Verve ecosystem. CinetPay, the Ivorian-based FinTech provides online and Point-of-Sale (POS) …
The International Monetary Fund (IMF) has approved USD 235.6mn (Sh28 billion) loan which will be directed towards budgetary support, to improve governance and support broader economic reforms. This becomes the …
Kenyans have been given up to August 5 to submit their comments on the draft National Tax Policy which sets out broad parameters on tax policy and related tax matters …
Civil servants will lose Sh2 billion weekly from October after the Salaries and Remuneration Commission (SRC) set the date for trimming public workers’ juicy allowances. SRC chairperson Lyn Mengich said …
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