This country has emerged first in Africa to adopt Bitcoin as its official currency

This country has emerged first in Africa to adopt Bitcoin as its official currency

The Central African Republic has emerged the first country in Africa to adopt Bitcoin as its official currency. Central African Republic adopts Bitcoin as its official currency The development was announced Wednesday by the country’s Presidency, after a bill that would govern the adoption of crypto assets was passed by parliament. A statement that was […]

Central bank: distinguish between real estate project risks and enterprise group risks, and provide financial services for mergers and acquisitions of key enterprise risk disposal projects

The financial Associated Press reporter learned that on April 19, 2022, the people’s Bank of China and the China Banking and Insurance Regulatory Commission jointly held a symposium on financial support for the real economy. The participants were 18 national commercial banks and 5 national financial asset management companies. The meeting made it clear that […]

Ecobank is Preferred Financial Partner for Fintechs Seeking Pan African Expansion – Tayo Oviosu, CEO Paga Group

Tayo Oviosu, the Chief Executive Officer, Paga Group , has said that Fintechs in the country could explore the massive opportunities available in the pan African banking group; Ecobank, to grow and expand their business locally and across the continent. Oviosu who was speaking on the topic “Pan-African expansion opportunities and challenges” at the hybrid […]

Liberia: IG Sudue Reneges

Liberia: IG Sudue Reneges

Inspector General (IG) of the Liberia National Police (LNP), Patrick Sudue has allegedly refused to endorse a request by Criminal Court ‘C’, for an arrest warrant to be issued with an order directing the police to immediately arrest several co-defendants in the ongoing US$5million case, that involves Nanborlor Singbeh, Secretary of the Liberian Senate,. In […]

Africa: New One-Dose Meningitis Treatment 'Effective, Safer'

Africa: New One-Dose Meningitis Treatment ‘Effective, Safer’

Members of MSF Nigeria Emergency Response Unit (NERU) precede to make the triage to the people arriving in the meningitis treatment center run by MSF in Sokoto Mutalah Mohamad Hospital (file photo). Nairobi — A new short-course treatment is effective against HIV -associated cryptococcal meningitis with fewer serious side effects, and has the potential to […]

Ghana Fixed Income Market: Stanbic still controls market but market share dips significantly

Ghana Fixed Income Market: Stanbic still controls market but market share dips significantly

Stanbic Bank still controlled the market share of the Ghana Fixed Income Market in the first quarter of this year. However, its control of the total value of government bonds and treasury notes went down significantly to 14.23%, from 25.21% recorded in 2021. Perhaps, Stanbic Bank decided to reduce its exposure to government securities because […]

Societe Generale Ghana supports local artists with over ₵200k as part of its artivity initiative

Societe Generale Ghana supports local artists with over ₵200k as part of its artivity initiative

Societe Generale Ghana has organised an innovative competition for young artists to create unique art pieces using wood under the “SG Ghana Artivity” initiative of the bank. The SG Ghana Artivity Initiative, which kicked off in November 2021 as a key Corporate Social Responsibility undertaking, was designed by the bank to support Ghanaian artists and […]