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Kenya plans to introduce the VASP Bill to regulate cryptocurrency, requiring licensing for virtual asset providers. The legislation emphasizes compliance with AML and CFT standards, consumer protection, and strong cybersecurity. …
Kenya Moves to Regulate Digital Assets with New Cryptocurrency Bill Read More
Rand Merchant Bank hosted high-level meetings in Abuja during its West Africa investor roadshow to promote Nigeria’s investment opportunities. The event included discussions with policymakers about economic strategies, highlighted by …
RMB Roadshow Highlights Investment Opportunities in Nigeria Read More
The Bank of Ghana is enhancing the Specialized Deposit-Taking Institutions (SDI) sector to strengthen governance and address mission drift. Mr. Ismail Adam emphasized the importance of industry-led consultation for mergers …
Bank of Ghana’s Commitment to Strengthening the Specialized Deposit-Taking Institutions (SDI) Sector Read More
The African Development Bank Group has unveiled a Country Strategy Paper to support agricultural growth and economic development in Nigeria. Key initiatives include the National Agricultural Growth Scheme and improvements …
African Development Bank Launches Strategy for Nigeria’s Agriculture and Infrastructure Growth Read More
Recent discussions, led by Professor Fabian Ajogwu at Lagos Business School, focus on enhancing corporate governance in Nigeria. This initiative aims to tackle persistent issues like corruption and lack of …
Promoting Responsible Corporate Governance in Nigeria: Insights from Experts Read More
Stanbic Bank Kenya is initiating an upgrade of its Temenos core banking system in partnership with Orion Innovation, enhancing its platform from R17 to R23 and transitioning to a more …
Stanbic Bank Kenya Collaborates with Orion for Temenos Core Banking Upgrade Read More
The Central Bank of Nigeria has published operational guidelines for open banking, making it the first in Africa to do so. These guidelines will facilitate consumer data sharing between banks …
Central Bank of Nigeria Releases Landmark Open Banking Guidelines Read More
Baobab Nigeria has disbursed N500 billion in loans to MSMEs, reaffirming its commitment to financial inclusion and economic development during a press conference in Lagos. The bank emphasizes the importance …
Baobab Nigeria Disburses N500bn Loans to Support MSMEs and Financial Inclusion Read More
Standard Chartered Bank commended Nigeria’s economic reforms during a meeting with finance officials. The discussions highlighted the removal of fuel subsidies and investor interest in debt markets. Minister Edun reported …
Standard Chartered Bank Commends Nigeria’s Economic Reforms and Growth Potential Read More
Tanzania’s mineral recovery value grew by 24.3 percent to $1 billion, with gold leading this increase. Stakeholders urge for further actions, such as new project acceleration and support for small-scale …
Tanzania’s Mineral Recovery Value Increases with Gold Leading Growth Read More