Financials

NiRA Again Harps on Essence of ICT Bank

March 15, 2019 admin 0

The Nigerian Internet Registration Assiociation, (NiRa) has again called on the Nigerian government to consider establishing an Information and Communication Technology Bank for the ICT industry in the country. The essence of the Bank, according […]

Financials

MTN Nigeria Network Expansion Gulps N2.5trn

March 14, 2019 admin 0

MTN Nigeria has so far invested a whooping sum of N2.5 trillion on the expansion of its network as part of efforts towards providing quality telecoms services to its growing customer base. The Chief Executive […]

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Financials

DRC fintech Startup Contest for $130k Investement

February 27, 2019 admin 0

Financial Sector Deepening (FSD) Africa, the Banque Centrale du Congo and Elan RDC have opened applications for a $130,000 fintech challenge in the Democratic Republic of Congo (DRC). Aimed at local startups, DRC – Innovation […]

Financials

African SME-focused Fund Reach $84.5m

February 18, 2019 admin 0

The African SME-focused fund’s total capacity has reached $84.5 million as Impact investment firm Investisseurs & Partenaires (I&P) announced the second closing of its I&P Afrique Entrepreneurs 2 (IPAE 2) fund. Launched in 2002, I&P […]

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Financials

Rising Profile of Fintech firms Worries the Fed

January 14, 2019 admin 0

The U.S. Federal Reserve is wary of giving “fintech” firms such as OnDeck Capital Inc (ONDK.N) or Kabbage Inc. access to the country’s financial infrastructure, putting the central bank at odds with other regulators looking […]