Ecobank Transnational, Inc. has partnered with Nium, a global leader in real-time cross-border payment infrastructure, to revolutionise cross-border payments for over 32 million customers across 35 African markets.
This collaboration aims to create a more efficient and faster payment experience...
Samuel Okudzeto Ablakwa, Member of Parliament for North Tongu and head of the Assurances Committee in Parliament, has raised serious concerns over the distribution of expired rice to senior high schools across Ghana.
Ablakwa alleges that 22,000 bags of expired...
The Bank of Ghana (BoG) has suspended the Foreign Exchange Trading Licence of Consolidated Bank Ghana (CBG) for a period of one month due to a number of regulatory breaches related to foreign exchange, remittance, money laundering and more.
A...
Standard Chartered Bank Ghana PLC has appointed Cynthia Anne Lumor as an Independent Non-Executive Director to the Board of the Bank with effect from October 21, 2024.
A transformational and progressive business leader, Cynthia brings fresh perspective and deep expertise.
to...
Block, Jack Dorsey’s fintech firm, is closing TBD, its Bitcoin-focused subsidiary previously tasked with developing a decentralised internet known as "Web5."
The move, outlined in a recent shareholder letter, accompanies a scaling back of Block's investment in Tidal, the music...
E-commerce giant Jumia posted $20.1 million in operating losses for Q3 2024, citing challenging macroeconomic conditions in key markets that put pressure on its revenues.
The loss marked a 10% increase compared to the same period last year. Jumia's Q3...
Kenya’s largest telecom provider, Safaricom, has secured an insurance intermediary license from the Insurance Regulatory Authority (IRA), a move that will enable it to offer insurance products to its M-Pesa users under a new service named "Bima."
This approval, following...
Global payment card giant Visa is injecting fresh funding into four startups that graduated from the first batch of its Visa Africa Fintech Accelerator program.
The investments highlight Visa’s dedication to driving digital innovation within Africa, according to a Wednesday...
Nigeria’s biggest telco, MTN, has acquired the remaining 7.17 per cent minority interest in MoMo Payment Service Bank for N6.95bn, in a move to strengthen its position in the financial services sector.
The acquisition was disclosed in MTN Nigeria’s unaudited...
The Institute for Liberty and Policy Innovation (ILAPI) has revealed that the Bank of Ghana (BoG) currently holds a substantial sum in three currencies- Cedis, British Pounds, US Dollars and Euros all from dormant accounts in financial institutions across...