Mobile Money Exceeds Industry Expectations, Reaching A Transaction Value Of 1.26 USD Trillion In 2022
The GSMA’s State of the Industry Report on Mobile Money 2023 shows adoption rates are even more significant than expected, with registered accounts, transaction values and deployments exceeding industry predictions. Mobile money services are growing faster than predicted around the globe, as digital services continue to rise in popularity, according to the GSMA’s annual ‘State […]
Africa Knowledge Exchange Shares Perspectives On Protecting Forests, Fostering Climate Resilience And Empowering Communities
The occasion brought together over 200 participants from CIF recipient countries, contributing states, the private sector, civil society, local community groups, and the Fund’s international partners In March 2023, the Climate Investment Funds (CIF), the Government of Côte d’Ivoire, and the African Development Bank Group (www.AfDB.org) held a four-day event to share knowledge from 15 […]
Afreximbank Provides EUR10 Million To Banque Postale du Congo For Small And Medium-Sized Enterprise (SME) Financing
The facility will enable BPC to expand its factoring activities by engaging in domestic and cross-border factoring African Export-Import Bank (Afreximbank) (https://www.Afreximbank.com) has signed a landmark agreement with Banque Postale du Congo (BPC) to provide the Congolese bank with an EUR 10-million factoring facility to support SMEs in the Republic of Congo and the CEMAC […]
Mastercard’s Cross-Border Services Express Helps Modernize International Payments
Enables access to over 100 markets covering 90% of the world’s population with simple integration Today, Mastercard introduced Cross-Border Services Express, a new tool that enables financial institutions to seamlessly set up international payments for their customers, including consumers and small and medium sized enterprises (SMEs), which have a strong need for improved cross-border payment […]
Bybit Opens Global Headquarters in Dubai on the Heels of 50% Increase in User Base
DUBAI, United Arab Emirates 18 April 2023 -/African Media Agency(AMA)/- Bybit, the world’s third most visited crypto exchange with 15 million users worldwide, announced the grand opening of its global headquarters in Dubai today. The second largest crypto exchange in the Middle East and North Africa (MENA)1 also revealed future plans to elevate its global presence with a stronger […]
