Cardoso: Rising quantity of non-bank transactions threatens monetary stability in West Africa 

Yemi Cardoso, CBN Governor The Central Financial institution of Nigeria (CBN) governor, Yemi Cardoso, has raised issues concerning the rising transaction volumes of Non-Financial institution Monetary Establishments (NBFIs) and Different Monetary Establishments (OFIs), citing important dangers to monetary stability.  Cardoso, represented by Abayomi Arogundade, Appearing Director of the Different Monetary Establishments Division on the CBN,…

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Her Initiative secures funding to empower extra East African girls towards monetary resilience

Her Initiative, a Tanzanian group targeted on empowering girls economically, has been awarded the distinguished 2023-2024 Africa Prize by the King Baudouin Basis. Based in 2019, Her Initiative is youth-first and women-led, aiming to equip younger girls with schooling, abilities, and sources obligatory for financial participation. They make use of modern approaches such because the…

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Regardless of challenges, Southern Africa has improved monetary inclusion with adoption of digital monetary providers

House » Common » Regardless of challenges, Southern Africa has improved monetary inclusion with adoption of digital monetary providers Obtain emblemSouth African international locations carried out properly on their monetary inclusion, between 2011 and 2021. Progress is partly attributed to fast adoption of digital monetary providers together with cell cash, in line with monetary specialists…

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West Africa: AllAfrica Named ‘Monetary Media of 2024’ by BRVM

Abidjan — AllAfrica World Media has been awarded the 2024 Monetary Media of the 12 months Prize by the West African regional inventory alternate often known as BRVM  (Bourse Régionale des Valeurs Mobilières). Prize winners have been introduced on June seventh through the annual assembly in Abidjan of the alternate, which incorporates the eight members…

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