Tanzania has scrapped all charges on card payments to encourage a shift towards digital transactions. Tanzania has removed charges on card payments to promote digital transactions The initiative aims to drive the country towards a cash-lite economy Digital payments are increasingly popular in Tanzania, with 48.4% of the population utilizing digital platforms The country’s central…
By May 2025, the tenure of African Development Bank (AfDB) President Prof. Akinwumi Adesina will come to an end, and a new President will be elected. The tenure of AfDB President, Prof. Akinwumi Adesina will end in May 2025 Several candidates have expressed interest in succeeding Adesina Candidates from South Africa, Algeria, Senegal, Zambia, and…
The West African nation aims to raise as much as 121.3 billion CFA francs ($192.3 million) by offering up to 23.1 million shares. Benin plans to sell up to 40% of its stake in Banque Internationale pour l’Industrie et le Commerce (BIIC) through an IPO. The IPO aims to raise as much as 121.3 billion…
