Image source: pexels.com Author: Daniel Abioye The launch and expansion of digital financial services have led to an unprecedented surge in the number of people gaining access to formal financial services. The African financial services sector has witnessed a massive transformation in recent years, leading to the inclusion of a greater percentage of the unbanked […]
Lagos, Nigeria: Spiegel Often referred to as the “Giant of Africa,” Nigeria has always presented opportunities for investors. With its vast natural resources, growing population, and strategic location, the country has attracted both domestic and foreign investors seeking to capitalize on its potential. However, in recent years, there has been a noticeable trend of investors […]
Written by: Oluwatobiloba Onigbogi Esq, Photo sourced from: energepic.com The decision to disconnect these entities from the NIP Outwards System stems from concerns about compliance with CBN guidelines. On December 5, 2023, the Nigerian Interbank Settlement System (NIBSS) released a memo that sparked confusion for stakeholders in the fintech and banking industry. For context, NIBSS is a […]
Source: Getty Images Mark Twain once said, “ The problem of the world is not that people know too little. It’s that they know so many that just aren’t so. This speaks to the misconceptions about the term “Digital currency”. For the purpose of this article, I will be substituting the word ‘Just aren’t’ […]
Herders draw water from a well in Mauritania (Photo: Oxfam International/Flickr) Almost every article you will come across on climate financing in Africa starts in the same tone, If you have been following up on green financing trends in Africa, it won’t fascinate you to know that Africa constitutes only about 2% of over $1 […]
Image Source: Outlook India The 2008 financial crisis is said to be one of the greatest financial events to have taken place after the great depression of the 1930s. It is however surprising that most experts didn’t foresee it coming. The unfortunate event had adverse effects on income, inequality, wealth, and politics of individuals and […]
Liquidity Injection If you paid attention to season 5, Vol 2 of the movie, [I can’t tell the specific Episode], you would have come across the scene where the professor was seen proclaiming how in 2011 the European Central Bank (ECB) made 171 billion euros out of nothing and 185 billion in 2012; 145 […]
Photo: CIFOR | Flickr Creative Commons Indeed, Africa is not some sort of village or jungle with no portable water, internet, or power supply as perceived by some individuals, and even as I derive joy in clarifying this fact, It is also vital that I point out how the continent is still far behind […]