Africa

Africa

Nigeria Drafts Blockchain and Digital Currency Adoption Roadmap

The Nigerian government has launched a roadmap on promoting the adoption of blockchain technology and digital currencies. The government is looking to digitize the...

Africa’s Biggest Bank is Bulking Up to Fend Off Fintech Rivals

Standard Bank Group Ltd., Africa’s largest lender by assets, is planning to scale-up some of its operations on the continent and further digitize its...

ZamZam Bank Becomes Ethiopia’s First Islamic Bank

ZamZam Bank has obtained a license from Ethiopia’s banking regulator to carry out Islamic banking activities in the country. With this license, ZamZam became the...

Africa Re Chooses Dubai International Financial as Its First Operations Center

The Dubai International Financial Center has welcomed the accession of the African Reinsurance Company to the list of companies headquartered in the center. A statement...

Investors Scramble for Nigeria’s Islamic Bond, Defy Religious Criticism and Bid...

Nigeria’s third Sukuk bond has fetched $2.1 billion, an oversubscription of the targeted $533 million offered to investors, despite the paper eliciting religious controversy. The...

Africa Needs Co-ordinated Approach to Blockchain Regulation

A plan by young entrepreneurs in Kenya to build a golf course using Blockchain and a stable coin backed by real currency highlights the...