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Finance
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Our “Finance” section features articles on the world of business, finance and fintech in Ghana and Africa
Africa Launches Its Own Credit Rating Agency to Challenge Global Bias
Africa unveiled its own credit rating agency to push back against what leaders call an unfair and costly…
Affinity Africa Raises $8 Million As Its Hybrid Banking Approach Gains Traction
Ghanaian fintech Affinity Africa has raised $8 million in a seed round led by European firms Grazia Equity…
Nigeria Bets On QR Codes for Small Payments
The Nigeria Inter-Bank Settlement System (NIBSS) is pushing QR codes as an alternative to cash for small-value transactions,…
Payaza Secures Fintech License in Ghana To Offer Payment Services
Payaza, a leading payment gateway, is now fully licensed and operational in Ghana, expanding its footprint in Africa’s…
Ivorian Fintech Cauridor Raises $3.5M to Expand Cross-Border Payments
Cauridor, an Ivorian fintech building cross-border payment rails in Francophone Africa, has raised $3.5 million in seed funding.…
Timeline: Dr Johnson Asiamah’s Path To His Bank of Ghana Governor Nomination
Ghana President John Mahama has nominated Dr. Johnson Asiamah as the new Bank of Ghana Governor pending approval…
Bank of Ghana Governor Proceeds On Terminal Leave Ahead of his Retirement in March
Dr. Ernest Addison, Governor of the Bank of Ghana, will begin his terminal leave on February 3, 2025,…
X Announces Visa As Its First Partner for “X Money”
Linda Yaccarino, CEO of X, has announced that Visa has signed on to be the first partner for…
Old Mutual’s $200M Bet on Digital Banking
Old Mutual, South Africa’s second-largest life insurer, is set to launch its digital-first bank, OM Bank, in March,…
Mobile Money Transactions in Ghana Surpassed GHC 3 Trillion in 2024
According to new data from the Bank of Ghana, mobile money transactions surpassed GHC 3 trillion in value.…