KENYA: Safaricom launches M-Pesa service for small businesses
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The new service feature, 'Pochi la Biashara', allows business owners who do not have a Lipa na M-Pesa line to receive money from customers into a separate wallet.
US appeals against China’s WTO trade war tariff victory
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The United States has chosen to appeal China’s WTO tariff victory ‘into the void’.
Ant Group set to raise $34 billion in record IPO
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Ant Group has started the process of a concurrent initial public offering in what could mark one of the biggest IPOs of 2020.
Access Bank announces N50 billion interest-free loan for Nigerian businesses
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In light of the recent occurrences in Nigeria, Access Bank has announced a 50 Billion Naira fund to support Nigerian communities and businesses with grants and interest-free loans.
NIGERIA: CBN Resolves 1,519 Complaints, Refunds N2.7bn In 6 Months
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The CBN received 2,051 complaints bordering on frauds, ATM card issues, electronic transactions and excess charges from bank customers, with 1,519 of those complaints resolved.
Ant Group IPO gets regulators' green light for its blockbuster listing
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Ant is one of the biggest technology firms in the world and the biggest online payments platform in China.
Fintech startup TeamApt now operates Nigeria’s largest non-bank mobile money platform
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Nigerian fintech startup TeamApt, has become the largest non-bank mobile money service in the country, processing 13 million transactions monthly.
Could Nigeria’s biometrics-backed BVN show other countries the way for business loans?
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According to this report by BiometricUpdate.com, Biometrically-secured finance could offer more financing options to help small businesses grow. Nigeria’s biometric Banking Verification Number (BVN) system provides a model that neighboring countries, many with developing ID platforms, could benefit from, writes a Ghanaian financier. Ghana’s current economic growth
