Nigeria is doubling down on digital innovation to fix what it calls a broken global payment system, one that keeps developing economies on the margins of trade and finance. Nigeria is leading a digital finance push to fix costly, fragmented cross-border payments. CBN Governor Olayemi Cardoso says inefficiency keeps millions out of global trade. The…
The United States has officially handed over a new, U.S.-funded maritime facility to the Government of the United Republic of Tanzania, a move that underscores growing defense and economic cooperation between the two nations. The United States has officially handed over a new maritime facility to the Tanzania People’s Defence Force in Tanga. The project…
Kenya’s High Court has ruled that I&M Bank can collect Sh864.7 million($6.7 million) from Buzeki Enterprises Ltd., saying a promissory note issued to the bank must be honored as written.The logistics firm is owned by businessman and politician Zedekiah Bundotich Kiprop (Buzeki). Kenya’s High Court has cleared I&M Bank to collect Sh864.7 million from Buzeki…
