Africa Credit Rating Agency to Issue First Sovereign Ratings by March 2027
AfCRA, backed by the African Union, aims to publish its inaugural sovereign credit ratings for five African states by March 2027.
Technology news and innovations
AfCRA, backed by the African Union, aims to publish its inaugural sovereign credit ratings for five African states by March 2027.
Former GJA president urges stronger safeguards and accountability for Ghanaian journalists after speaking in Accra.
Airtel Nigeria posts $1.01 billion half‑year revenue and SmartCash mobile money unit surges 150% to $10 million.
Stablecoins help Nigerian firms bypass dollar shortages for overseas payments, but cost, security and regulatory issues linger.
MTN Nigeria’s proposed sale of 60% of MoMo PSB and Y’ello Digital is priced at ₦95.5 bn, a 2.1‑times premium over its net impaired book value.
Almost 2 million Ghanaian youths are neither employed nor in education, with women making up over 60% of the NEET group.
Breet COO Vivian Mbene says simplifying crypto payments is essential, but simplicity can also raise merchant suspicion.
Experts say Africa’s digital growth hinges on transport, data and financing, not just apps.
FirstRand is intensifying its search for a mid‑size Kenyan lender, preferring a smaller acquisition over a premium bid.
Klump, the Nigerian buy‑now‑pay‑later startup, announced its closure in a blog post by co‑founder Celestine Omin.
Banque Misr raises its planned sale of Banque du Caire to 45%, targeting a $680 million IPO, the biggest in Egypt in five years.
Terra Industries' $52 million seed round spotlights Africa’s deep‑tech challenges and the push for a supportive hardware ecosystem.