Business Report

P1 Ventures, a leading Pan-African early-stage venture capital firm, has successfully closed its first institutional fund at $50 million, securing...

The Nigeria Inter-Bank Settlement System (NIBSS) has upgraded its Nigeria Quick Response (NQR) payment system, reinforcing Nigeria’s transition toward a...

Verto, the global fintech powering enterprise-grade cross-border payments, FX, and banking solutions across emerging markets, has launched the Verto Global Business...

Mastercard has announced the opening of its first office in Uganda, marking a significant step in its East African expansion....

The Central Bank of Nigeria (CBN) has rolled out fresh guidelines allowing Bureau de Change (BDC) operators to purchase up...

The President of the Association of Bureaux De Change Operators of Nigeria (ABCON), Aminu Gwadabe, has called on the Central...

Nigeria’s ongoing cash crisis has been blamed on a haphazardly implemented cashless policy and the poor handling of currency circulation...

XTransfer, the world-leading and China's No.1 B2B Cross-Border Trade Payment Platform, and Ecobank Group (www.Ecobank.com), the leading private pan-African financial services group...

Kenya’s digital payment ecosystem is poised for a major shift as Safaricom and the Kenya Bankers Association (KBA) propose leveraging...

In a move designed to boost cross-border financial technology operations, Ghana and Rwanda are establishing a license passporting system.   This...