Nigeria

Central Bankers in Kenya, Nigeria Criticize Crypto, Tout CBDCs
Central Bankers in Kenya, Nigeria Criticize Crypto, Tout CBDCs
June 12, 2022  |  Cryptocurrency

Kenyan and Nigerian central bankers have said central bank digital currencies (CBDCs) could solve the risks cryptocurrencies have for financial stability, Reuters wrote Saturday (June...

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Centbee Debuts Blockchain-Based UK-West Africa Remittance Service
Centbee Debuts Blockchain-Based UK-West Africa Remittance Service
May 27, 2022  |  Payment Methods

FinTech Centbee is making it easier for U.K. residents to send digital cash to people in West Africa through the blockchain with a new service,...

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Identity Verification API Eases Fraud Concerns in Africa’s Digital Space
Identity Verification API Eases Fraud Concerns in Africa’s Digital Space
May 27, 2022  |  Identity

Africa’s technology industry is booming, helped by a competitive tech landscape that has contributed to a leapfrogging effect of bypassing traditional paths like landlines straight...

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Today in Crypto: Nigeria to Launch Nationwide Digital Wallet; Coinbase Joins Fortune 500 List
Today in Crypto: Nigeria to Launch Nationwide Digital Wallet; Coinbase Joins Fortune 500 List
May 24, 2022  |  Cryptocurrency

The government of Nigeria will be rolling out a nationwide digital wallet to allow for international commercialization of intellectual property (IP) forms, a press release...

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Autochek Adds KIFAL Auto to Expand Into North Africa
Autochek Adds KIFAL Auto to Expand Into North Africa
May 19, 2022  |  Acquisitions

Nigeria-based auto loan services platform Autochek Africa acquired Moroccan automotive technology startup KIFAL Auto as part of a plan to expand into North Africa, according...

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Airtel Africa’s Smartcash PSB Launches in Select Nigerian Cities
Airtel Africa’s Smartcash PSB Launches in Select Nigerian Cities
May 19, 2022  |  Banking

Airtel Africa’s subsidiary, SmartCash Payment Service Bank (SmartCash PSB), is bringing its digital financial services to select cities in Nigeria to further reach unbanked consumers...

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EMEA Daily: New EU Cybercrime Rules, Tingo’s $900M Merger
EMEA Daily: New EU Cybercrime Rules, Tingo’s $900M Merger
May 13, 2022  |  emea

In today’s top Europe, Middle East and Africa (EMEA) news, the European Parliament, the Council of the European Union and the European member states approve...

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Nigerian FinTech Tingo Announces $900M Merger With MICT
Nigerian FinTech Tingo Announces $900M Merger With MICT
May 13, 2022  |  Mena

Nigerian agri-FinTech company Tingo is set to merge with Nasdaq-listed financial services provider MICT in a deal expected to generate $900 million in yearly revenue...

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Nigerian FinTech Unicorn Interswitch Raises $110M for Expansion
Nigerian FinTech Unicorn Interswitch Raises $110M for Expansion
May 13, 2022  |  Investments

Interswitch, a Nigerian digital payments company that is Africa’s second unicorn, has raised $110 million to help it expand, according to multiple news reports. The...

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