Flutterwave, Chipper Cash Not Licensed To Operate Payment Services, Says Kenyan Central Bank
The Central Bank of Kenya (CBK) says Flutterwave and Chipper Cash are not licensed to operate in the country. Patrick Njoroge, CBK governor, said this on Thursday in Nairobi, the country’s capital, at a media briefing following its monetary policy committee (MPC) meeting. Flutterwave is a Nigerian fintech company that provides a payment infrastructure for
Genser Secures $425 Million For Midstream Gas Projects Advancing Decarbonization; Trafigura Joins As Investor And Buyer
1. Genser Energy (“Genser”) (www.GenserEnergy.com) is pleased to announce that it has successfully financially closed an 8-year, $425 million financing package. 2. The proceeds, which are part of a US$325 million senior syndicated loan and a US$100 million mezzanine loan, will be used to refinance existing debt and finance the next phase of expansion projects,
Aruna Leads Nigeria To Victory Vs South Africa In Men’s Team Event
Quadri Aruna led Nigeria to defeat South Africa in the Men’s Team – Group 2 table tennis event at the Birmingham 2022 Commonwealth Games on Friday. Aruna and Olajide Omotayo picked up wins in the singles while Amadi Omeh and Omotayo won in the doubles. Against South Africa’s Shaun Jones, Aruna triumphed in three straight
Digital Inequality is a Major Threat to Africa’s Economic Future
By Sean Riley It’s no secret that Africa suffers from incredibly high levels of economic inequality, with South Africa taking the top spot on a global level. In terms of wealth inequality, seven in ten of the world’s most unequal countries are located in Africa. Moreover, Marie Francoise Marie-Nelly, World Bank Country Director for Botswana,
AFSEC to increase electricity access with harmonised standards – Graphic Online
President of the African Electrotechnical and Standardisation Commission … Ghana, Guinea, Egypt, Kenya, Namibia, Nigeria, Rwanda, Senegal, South …
Table tennis: Nigeria, South Africa clash in opener
Nigeria’s table tennis team to the Commonwealth Games in Birmingham have been handed a tricky draw in the opening round of the men and women’s category, The PUNCH reports. The men’s team, led by world No.11 Quadri Aruna, will face West African rivals Ghana, South Africa and Cyprus in the first round. Other players in
Ghana ranked highest in budget transparency – Survey
The country has been ranked highest in budget transparency in the latest open budget survey (OBS) report, the best performance by Ghana since it joined the OBS in 2010. It scored 56 per cent, two points better than the 2019 ranking of the biennial OBS, the world’s “only comparative, independent and regular assessment” of the
Why Most Ghanaian banks cannot establish international branches – GITFiC
Economics Gitfic Banks The low asset base of Ghanaian banks is a major contributor to their inability to penetrate internationally like other foreign banks have penetrated into the Ghanaian market. “Most of the banks owned by Ghanaians have a low asset base compared to their counterparts from other African countries. “The language barrier is another
Top 5 Sports Betting Nations in sub-Saharan Africa
Sports betting is at an all-time high in sub-Saharan Africa, with millions of people taking part, and billions of dollars generated on a daily basis. But which countries have the biggest sports betting market in the region? Here’s our top-five countdown. Tanzania The battle for fifth position on our list was a hard-fought one, but
Nigeria: Birmingham 2022 – Team Nigeria Begins the Chase for Medals On Friday in Table Tennis
Nigeria will be in action on Day 1 of action in Birmingham with the table tennis event. After lining out with 70 other countries during Thursday’s opening ceremony, Team Nigeria will officially begin her chase for medals at the 2022 Commonwealth Games in Birmingham today (Friday). For Day 1 of action in Birmingham, Team Nigeria