BTA2023
Businesses across Nigeria are grappling with a difficult operating environment as high interest rates, insecurity, and multiple taxes rank among the most pressing constraints, according to the latest Central Bank of Nigeria (CBN) survey. The October Business
BTA2023
The federal government has announced plans to leverage the private sector to bridge a $10 billion funding gap needed to ensure a stable electricity supply across the country. Jobson Ewalefoh, the director-general of the Infrastructure
BTA2023
The United Bank for Africa (UBA) Plc has announced the launch of a debit card in partnership with Mastercard to celebrate its 75th anniversary. In a statement on Wednesday, the bank said the collaboration aims to honour
BTA2023
The federal government spent $3.57 billion servicing the country’s foreign debt in the first nine months of 2024. According to data obtained from the Central Bank of Nigeria (CBN) report on international payment statistics, the federal government
BTA2023
TransferTo , a Singapore-based global technology group, and Ecobank Group, the leading pan-African financial institution, announce a landmark Memorandum of Understanding (MOU), laying the groundwork to transform financial access and cross-border payment solutions across Africa. This strategic
BTA2023
Ugandan forensic experts have released a detailed report on the origin and impact of space debris that fell across parts of western Uganda in May 2023.The debris, traced to a U.S.-based SpaceX satellite launch, scattered
BTA2023
The Tanzanian Public-Private Partnership Centre has set its sights on at least 25 trillion Tanzanian shillings ($9 billion) to fund important infrastructure and development projects across many sectors, with over 84 projects already ongoing. This
BTA2023
Cybercrime poses such a significant threat to growth for developing nations that it’s keeping many countries in a perpetual loop of poverty. Certainly in South Africa, inadequate cybersecurity measures may significantly impact the country’s economic
BTA2023
Morocco boasts one of Africa’s most sophisticated banking systems, with private sector credit making up 88% of the country’s GDP, according to the latest report from the European Investment Bank (EIB). Large Moroccan banks have steadily expanded
BTA2023
Chad said it had approved Elon Musk's satellite internet provider, Starlink, to operate in the country. The move is aimed at improving internet access in the Central African nation, Reuters reported. Elon Musk’s Starlink made its African
