Tag: microfinance
Central Bank of Nigeria revokes licenses of 139 financial institutions
The Central Bank of Nigeria (CBN) has revoked the operating licenses of four primary mortgage banks, three finance companies and 132 Microfinance organizations in...
Growing financial ubuntu in the face of tough economic conditions
Africa continues to show an increasing appetite for microinsurance and other financial services products despite a challenging economic environment – and ongoing mobile expansion...
Ugandan fintech startup Numida raises $2.3m seed funding
It is very rare to find fintech startups in Ghana getting funding to expand, but several of such tech startups in other parts of...
Ghana’s Naa Sika digital micro savings platform wins World Bank Award
The World Bank Group announced today the winners of the Mission Billion Challenge “WURI West Africa Prize", and Ghana's Naa Sika digital micro-savings platform...