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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
Stripe Expands Its Tax Automation Service to Five African Countries
Stripe is deepening its footprint in Africa by expanding its automated tax support to five additional countries: Benin,…
Cairo Based Money Fellows Raises $13M to Expand Fintech Access Across Africa
Money Fellows, a Cairo-based fintech startup digitizing traditional savings circles, has raised $13 million in a strategic funding…
Nigeria Central Bank Fines Paystack ₦250M over Zap Wallet Violation
Nigeria’s Central Bank has fined Paystack ₦250 million ($190,000) for allegedly operating its new consumer app, Zap by…
Nigeria’s Central Bank To Launch Open Banking in August 2025
Nigeria’s Central Bank (CBN) has approved the launch of open banking, requiring banks to start sharing customer data…
Moniepoint launches MonieWorld for UK-Based African Diaspora
Nigeria-based fintech Moniepoint has launched MonieWorld, a remittance and digital finance app aimed at the African diaspora in…
Only 37% of Ghanaian Businesses Use Digital Payments, New Report Finds
Just 37% of businesses in Ghana accept or use digital payments, with agriculture firms showing the lowest adoption…
Mobile Money Hits 2 Billion Accounts and $1.68T in Transactions – GSMA Report
A new GSMA report reveals mobile money surpassed 2 billion registered accounts and over 500 million monthly active…
Flutterwave CEO Open to Acquisition, But Focused on Profitability
Flutterwave, Africa’s most valuable fintech unicorn, is open to a potential acquisition by a larger player, CEO Olugbenga…
Ghana Revenue Authority Scraps Controversial 1% E-Levy
The Ghana Revenue Authority (GRA) dropped a major policy shift today, announcing the abolition of the 1% Electronic…
Flutterwave Powers Digital Tax Collection for Nigeria’s Federal Inland Revenue Service
Flutterwave, Africa’s leading payments technology company, is now enabling digital tax collections for Nigeria’s Federal Inland Revenue Service…