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The Central Bank of Nigeria, CBN, in collaboration with the Nigerian Communication Commission, NCC, is set to introduce regulations to curb SIM swap and Unstructured Supplementary Service Data,USSD, related electronic payment frauds in the financial system of the nation.

Reserve Bank of Zimbabwe chief John Mangudya this week moved to lift production in the economy with a U.S.$200 million financing to raise exports.

The National Reserves Bank of Angola (BNA) sold 170.3 million Euros (equivalent to USD 190.3 million) to the financial market, with emphasis on the oil sector operations, availing 53.7 million Euros.

Commercial banks are increasingly shifting the provision of loans from the productive sector to individuals as they seek to remain profitable amid a tight liquidity situation, a new study shows.

CFI, IIF, and MetLife Foundation released a new report examining how partnerships between mainstream financial institutions and fintechs are expanding access to the formal financial economy to the unserved and underserved in emerging markets.

Mobile-based lender Branch has disbursed a cumulative Sh3.63 billion ($35 million) loans in Kenya where virtual lending is growing in popularity.

The Treasury has kept away from the overdraft facility at the Central Bank of Kenya (CBK) for the past three months as investors bombard it with cash, opting instead to fill short-term cash-flow needs through the sale of treasuries.

Ghana's central bank's 1.5 per cent rate cut this week will boost lending by local banks and is a signal that the economy is gradually improving, Moody's Investors Service said on Thursday.