Investor interest in FGN bonds stayed high despite a decline in offer volumes, with total subscriptions reaching N2.83 trillion in Q1 2025. The government's cautious borrowing strategy reflects efforts to manage debt amid rising interest rates.
Côte d’Ivoire’s push for universal clean water access gets a major boost with a $156M financing deal secured by Deutsche Bank. The investment will fund critical infrastructure projects, bringing safe drinking water to millions.
French regulators have fined Apple €150 million for abusing its power in mobile advertising. The penalty highlights growing scrutiny over Apple’s App Tracking Transparency (ATT) feature, which critics say unfairly benefits the tech giant while harming smaller advertisers.
Crypto investors brace for impact as Trump’s tariffs shake global markets, causing Bitcoin to dip below $82,000. With XRP down 40% and major cryptocurrencies losing ground, will a reversal come soon?
Tony Elumelu, a leading advocate for African entrepreneurship, has been appointed to the IMF Advisory Council on Entrepreneurship and Growth. His inclusion underscores the importance of private sector-led development in shaping global economic policies.
Zap Africa, a crypto exchange, has accused Paystack of infringing on its trademarked brand name “Zap.” With legal action looming, this dispute underscores the growing tensions in fintech branding.
The Spark Accelerator programme is back! In partnership with Safaricom, M-Pesa Africa, and Sumitomo Corporation, the initiative empowers startups with the resources they need to grow. Applications for the second cohort open on April 1—don’t miss out!
Bitcoin’s recovery pushed it to $88,804 before settling at $86,666. Institutional inflows, long-term holder accumulation, and rising open interest indicate strong market activity. Can BTC push past $89,800, or will consolidation take over?
German development finance institution DEG has increased its investment in Mediterrania Capital IV by $16.3 million, signaling strong confidence in Africa’s economic growth. The fund, managed by Mediterrania Capital Partners, focuses on mid-sized companies across key sectors in North and West Africa.
Flutterwave has introduced Pay With Bank Transfer in Ghana, a new payment option developed in partnership with Affinity Bank. This integration enables businesses to accept secure bank transfers, reducing reliance on cash and Mobile Money. With over 115 million bank transfer payments recorded in Ghana in 2023, this development reflects the nation’s shift toward digital financial solutions.