The United States has announced a significant policy shift in its engagement with Zimbabwe, moving away from a primary focus on donor …
Business
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Business
News: Nigeria’s NIP Becomes Africa’s First “Mature” Instant Payment System
by Atqnewsby AtqnewsNigeria has set a new benchmark in Africa’s digital finance landscape, as its NIBSS Instant Payment (NIP) platform achieved “Mature” status, the …
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Once trailing behind Kenya, the pioneer of mobile money in Africa, Nigeria has now made a striking leap in the adoption of …
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Business
Africa: “Junk Food” Sales Soar in Zimbabwe, with US$623 Million in Sales from 2021 to 2024
by Atqnewsby AtqnewsSales of unhealthy processed foods and sweetened beverages in Zimbabwe reached US$623 million between 2021 and 2024, according to a UNICEF report, …
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Business
News: Nigeria’s Govt. Outlaws Cash Payments in MDAs, Sets 45-Day Deadline for Nationwide POS Rollout
by Atqnewsby AtqnewsThe Federal Government has introduced a sweeping reform to modernise public revenue collection, announcing an immediate ban on cash payments across all …
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Business
Africa: Verve and Providus Bank Launch Naira Travel Card to Ease Payments for Tourists and Business Travellers in Nigeria
by Atqnewsby AtqnewsVerve has partnered with Providus Bank to introduce the ProvidusVerve Travel Card, a naira-based card created to give inbound travellers a smoother, …
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South African Airways
News: South Africa’s Standard Bank Pioneers Direct Access to China’s Payment System, Bypassing the US Dollar
by Atqnewsby AtqnewsIn a move that allows a faster channel for African companies to settle payments with Chinese suppliers in Renminbi (RMB) rather than …
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Business
News: African Development Bank supports 200km Kenya–Uganda Expressway project aimed at transforming trade and travel across East Africa
by Atqnewsby AtqnewsThe 200-kilometre Kenya–Uganda Expressway has been declared investment-ready and is being recognized as a major infrastructure project expected to significantly boost connectivity, …
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Agro Export
Africa: Malawi Halts Raw Mineral Exports to Curb $500 Million Annual Losses
by Atqnewsby AtqnewsMalawi has imposed a nationwide ban on the export of unprocessed minerals in a bid to retain more value from its natural …
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Business
News: Egyptian, Kenyan, and Nigerian Banks Lead 2025 Ranking of Africa’s Top 100 Financial Institutions
by Atqnewsby AtqnewsBanks from Egypt, Kenya, and Nigeria have taken the top spots in the 2025 ranking of Africa’s 100 largest banks, underscoring the …