Kenya’s banking industry has taken a significant step towards transparency and accountability with several of its top banks raising a staggering $4.7 billion in capital to comply with new reporting...
In a bold move to stabilize its economy and restore confidence in its currency, Zimbabwe has unveiled a revolutionary financial instrument: the Zimbabwean Gold-backed Currency, affectionately known as the Zig....
The Central Bank of Nigeria (CBN) unveiled a new recapitalization plan in March 2024 to strengthen the Nigerian banking sector. Here’s a breakdown of the key points: Objectives: Key Points...
South Africa’s banking sector has long been regarded as a cornerstone of the country’s economy, providing essential financial services to individuals, businesses, and investors. However, in recent years, the sector...
In recent years, the expansion of agent networks across Africa has emerged as a transformative force in advancing financial inclusion and driving economic empowerment. With limited access to traditional banking...
In this digital dispensation, the need for ubiquitous, fast, and convenient banking services has emerged. With more innovative and tech-savvy Gen-Zs and millennials, banks and financial institutions are revisiting the...
Since the nature of the banking industry is susceptible to innovations and new regulatory compliance, it is expedient for financial stakeholders to be aware of some of the banking regulatory...
The financial sector is undergoing a significant shift towards Artificial Intelligence and Machine Learning. And this is evident in the recent disruption of traditional banking practices to boot. The value...
Financial service providers play a crucial role in the global economy by offering a wide range of services to individuals, businesses, and governments. According to Statista, in 2020, financial services...
No doubt, technology is revolutionary. The emergence of technology has birthed a significant and revolutionary change across all economic sectors—regionally, and internationally. This change is evident in industries such as...
