PaySika raises $350,000to launch a neobank in West Africa
The funding round was led by investors from Britain, France, and Nigeria...
Africa Banking
The Central Bank of Egypt approves licenses for mobile contactless payment
The new service is a part of the government’s strategy to support...
Nigeria Access Bank to launch a new retail bank in South Africa
The launch marks the bank’s entry into the South African market...
Access Bank plans trade finance expansion with Grobank acquisition
The lender recently received regulatory approval to acquire a controlling stake in...
Nigeria’s banking sector is strong despite of economic crisis, says government
Nigeria’s economy surged 1.87% in the first quarter of 2020...
African Development Bank commits Covid-19 support for multiple nations
In its latest development, the bank has granted loans worth $97.675 million...
Nigeria-based Zenith Bank denies merger speculations with Union Bank
Merger speculations erupted in Nigeria after central bank announced recapitalisation of the...
Egypt’s CIB to raise E£15 bn to fuel expansion
The proposal is subject to approval from the general assembly meeting, which...