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More Countries Sign the African Free Trade Area Agreement

  • Posted on: 6 July 2018
  • By: admin

Forty-nine of the 55 member states of the African Union have signed the continental free trade are agreement.

The AU chairman Rwandan President Paul Kagame made the announcement on Monday during the closing ceremony of the 31st African Union Summit in Mauritanian capital Nouakchott.

South Africa, Sierra Leone, Namibia, Lesotho and Burundi signed the African Continental Free Trade Area (AfCFTA) agreement in Nouakchott, bring the number of countries that have inked the deal to 49.

Burkina Faso: German bank KFW supports the water sector

  • Posted on: 6 July 2018
  • By: admin

KFW, the German development bank, has signed with Burkina, a financing agreement of 4.6 billion CFA francs for water and sanitation sector budget support.

The signing of the agreement took place this Tuesday, June 26 in Ouagadougou between the Burkinabe Minister of Economy, Finance and Development, and Rosine Coulibaly, director of the office of the credit institution.

Nigeria: CBN Set to Issue Guidelines to Regulate Fintechs

  • Posted on: 6 July 2018
  • By: admin

The Central Bank of Nigeria (CBN) is currently drafting guidelines that would enable the regulation and supervision of the activities of Financial Technology Companies (FinTechs) in Nigeria.

Director, Banking and Payments System Department, CBN, Mr. Dipo Fatokun, disclosed this yesterday, in Lagos, during the Annual General Meeting (AGM) of Nigeria electronic Fraud Forum (NeFF) with the theme, "Tightening the BELT of E-fraud Prevention: a 4-sided approach".

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