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Namibia joins Africa's mobile phone banking boom

Namibia is among the few African countries with money account penetration greater than 10%, a study done by rating agency Moody's Investors Service said. Namibia's penetration is 48%...

Shine a light on the gaps

Agriculture forms the backbone of African economies. A majority of the continent's farmers earn their living on small plots of less than two hectares...

By Ngozi Okonjo-Iweala and Janeen Madan

MTN Cote d'Ivoire secures local mobile services

MTN Cote d'Ivoire has announced partial payment of the country's new telecommunications operators unified license cost to the Government of Cote d'Ivoire...

Nigeria triples investment in 2016 budget

Nigerian President Muhammadu Buhari unveiled on Tuesday, 22 December, a budget that triples investment spending in a bid to stimulate growth and lower the dependence of Africa's largest economy on oil...

Nigeria to host RemitAfrica2015

MobileMoneyAfrica will host the RemitAfrica conference in Nigeria, Africa's largest remittance nation, from 4-5 November 2015...

Mobile survey informs Global Entrepreneurship Summit

GeoPoll the Global Entrepreneurship Network and the U.S. State Department released a survey of 1,000 business owners...

Nomanini scales West African footprint

Nomanini has announced it has signed an exclusive agreement with Transactions Solutions Ghana Limited to substantially scale numbers of its cloud-based PoS terminals in Ghana.

Nigeria's new president faces uphill task of making economic growth benefit all

The Nigerian economy grew at an average of 6.8% a year over the past decade, placing it among the fastest growing countries globally. But only about 25% of Nigerians have benefited from this growth...

By Stephen Onyeiwu

Accurate financial reporting is critical for Nigeria's growth

Nigeria's Gross Domestic Product (GDP) has expanded 5.94% in the fourth quarter of 2014 compared to the same quarter of 2013...

Burkina Faso bank chief arrested for embezzlement

OUAGADOUGOU: The head of one of Burkina Faso's largest banks has been arrested on suspicion of having embezzled billions CFA francs, a source close to the investigation said.

Nigeria borrows to pay salaries with cash crunch worsening

ABUJA: A cash shortage caused by low oil prices has forced Nigeria to borrow heavily through the early part of 2015, with the government struggling to pay public workers, officials said on Wednesday, 6 May...

West African countries attend BRVM investment days

The regional stock exchange Bourse Régionale des Valeurs Mobilières (BRVM) has expressed its satisfaction with the success of the second edition of its BRVM investment days, held on 28 April at the London Stock Exchange...

UBA Cameroon wins Prepaid Innovative Product of the Year award

The United Bank of Africa (UBA) Cameroon has won the Prepaid Innovative Product of the Year award at the Prepaid Summit Middle East event which was recently held in Dubai...

African real estate attracts increased foreign investment

Africa's demographic growth prospects and the consequent opportunities in real estate are increasingly attracting international investors...

Email scam nets $214m in 14 months: FBI

WASHINGTON, US: An email scam, which targets businesses with bogus invoices, has netted more than $214m from victims in 45 countries in just over one year...

Depth of Africa coverage improves

Coverage of the rest of Africa in our media provides an interesting gauge of our relationship with the continent since our borders opened up 20 years ago...

By Anton Harber

AUIIF an opportunity to debate infrastructure development

Angola will host the Africa Urban Infrastructure Investment Forum (AUIIF) early next year...

Austria Card launches Nigerian ID credit card

Austria Card has produced and shipped the globally first ID-card with a payment functionality to the Nigerian government, thus pushing the entire industry one step further to convergent card products.

WesBank extends reach to Nigeria

WesBank, the provider of secured finance to the retail and corporate markets, and the National Automotive Council (NAC) of Nigeria have signed a memorandum of understanding whereby WesBank will offer its services to clients. The agreement aims to stimulate the sale of locally assembled vehicles in Nigeria.

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