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CBN Cuts Interest Rate to 27%, Economist Says It’s Not Enough for Nigerian Economy
The Central Bank of Nigeria’s Monetary Policy Committee (MPC) has trimmed the benchmark interest rate by 50 basis points, lowering the Monetary Policy Rate...
Paga Expands Into US Market, Launches Digital Banking Solution For African Diaspora
Paga Group, a UK-headquartered financial technology company and one of Africa’s fastest-growing firms, has announced its expansion into the United States by launching a...
Kenyan Remittance Startup Bonto Shuts Down Operations Eight Months After Securing CBK Licence
Bonto, a Nairobi-based remittance fintech startup, has officially ceased operations. It shut down two years after launching and less than eight months after receiving...
SEC Pushes to Implement Trump’s Executive Order on Crypto in 401(k) Accounts
President Donald Trump signed Executive Order 14123, titled "Democratizing Access to Alternative Assets for 401(k) Investors," directing federal agencies, including the Securities and Exchange...
Africa’s Startup Scene: The Big Four Dominate Startup Funding as Fintech Leads The Charge
Africa’s startup ecosystem continues to flourish, and the latest data reveals a clear trend. According to a recent report by Africa: The Big Deal,...