Nigeria

Central Bankers in Kenya, Nigeria Criticize Crypto, Tout CBDCs

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. Get...

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