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Investments
Central Bank of Egypt Approves New Framework for Third-Party Banking Agents
The Central Bank of Egypt has approved a framework allowing banks to hire third-party agents for specific services, aiming to boost financial inclusion from 76.3% to 80% by FY 2029/30. This initiative will particularly benefit underserved populations and MSMEs.
Nigerian Financial Institutions Explore Integration of Stablecoins and Digital Assets
Nigerian banks and fintech companies are increasingly adopting stablecoins and digital asset services, with Quidax aiming to educate the market over the next five years. Sub-Saharan Africa saw over USD 5 billion in on-chain value from July 2024 to June 2025, with Nigeria as the largest market.
Governor Soludo Opens Annual Conference, Calls for Partnership in Healthcare
Anambra State Governor Chukwuma Soludo opened the 99th Annual National Conference of the Pharmaceutical Society of Nigeria, highlighting the state's lowest out-of-school child rate at 0.25 per cent and over 250,000 beneficiaries of zero-cost antenatal care, urging collaboration to strengthen the health ecosystem.
Nclude Secures Final Close to Enhance Investment in African Startups
Nclude, an Egyptian venture capital fund, has closed over USD 112 million to finance technology startups in Africa and the Middle East, focusing on financial technology and inclusion. The fund supports investments ranging from USD 500,000 to USD 10 million across various development stages.
Egypt
Nclude Secures Final Close to Enhance Investment in African Startups
Nclude, an Egyptian venture capital fund, has closed over USD 112 million to finance technology startups in Africa and the Middle East, focusing on financial technology and inclusion. The fund supports investments ranging from USD 500,000 to USD 10 million across various development stages.
Gabon
Gabonese President Begins State Visit to Strengthen Ties with China
President Brice Clotaire Oligui Nguema of Gabon is on a state visit to China from November 3 to November 7, 2026, to strengthen diplomatic and economic ties, focusing on investments in industrialization and infrastructure, while participating in the 9th China International Import Expo.
Nigeria
Adesina: Tinubu’s Economic Reforms Yield Positive Results for Nigeria
Former AfDB President Akinwunmi Adesina emphasizes the importance of President’s leadership in addressing Africa's challenges. Discover insights on governance and development in Africa.
News
Michigan Filings Undercut the Victim Narrative in Bitcoin Latinum Case: Plaintiff Farid Jamardov Registered “Crypto Exotics” and “Private Coin” Before He Invested
DETROIT, Mich. – Farid Jamardov sued Bitcoin Latinum in February 2022, claiming he had been misled into a $500,000 cryptocurrency...
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Business
Papua New Guinea Parliament Approves Amendments for Papua LNG Project
Discover how Papua New Guinea's parliament has unanimously approved four key legislative amendments for the Papua LNG project, a significant move expected to unlock $US14. 5 billion in investments, according to Prime Minister James Marape.
Nigeria
Kaduna Governor Urges Northern Voters to Support Tinubu’s Re-election
Mr. Sani emphasizes that voters should base their 2027 election choice on the president's performance rather than regional interests.
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