Four African startups make CNBC top 200 global fintech list

Nigeria’s fintech company, Kuda debuted in the Neobanking category, while Egyptian’s FinTech’s startup, Fawry, South Africa’s Yoco and Nigeria’s Opay made the digital payment’s category. Nigerian fintech startups, Opay and Kuda, South Africa’s Yoco and Egyptian’s Fawry made a debut on CNBC’s list of top 200 global fintech companies. Together, CNBC and independent market research

Huge external debt hurting African countries – African faith leaders

African countries collectively owe more than 1.1 trillion dollars in external debt, an African clergy lobby group has said. The lobby christened African Faith Leaders said the huge external debt was hurting African countries hence the need to reduce it for the continent’s best interest. They said 25 of the 54 countries were in deep

CBN says Nigeria’s inflation crisis ‘not so bad’ compared to other African nations

Acting CBN Governor Folashodun Shonubi, speaking at the 2023 Zenith Bank International Trade Seminar, highlights how Nigeria fares in the face of global challenges. Shonubi referenced specific inflation rates from around the world, underscoring the global nature of the issue. “Now, when you come down to Africa and neighbouring Ghana, at the last count, inflation

Nigerian Climate-tech entrepreneurs seek to address climate crisis with US support

Nigerian Climate-tech entrepreneurs seek to address climate crisis with US support ABUJA – The U.S. Consulate General supported the first Nigerian Climate Resilience Salon that brought together women-led organizations, climate-tech entrepreneurs as well and representatives from public and private sectors who are leading efforts to combat climate change in their communities. The Nigerian Climate Resilience