by AllureAdmin | May 24, 2022 | African News
The Central Bank of Nigeria (CBN) releases a draft of the Regulatory Framework for Open Banking. The draft is an essential step for creating a standard to show companies how to exchange customer digital financial data. Open banking uses APIs for easy customer data...
by AllureAdmin | Jan 24, 2022 | African News
South Africa receives a 750 million USD development policy loan (DPL) with aims to support the country’s economic Reconstruction and Recovery Plan implementation. Together with R70 billion from International Monetary Fund in 2020, R14.5 billion from the New...
by AllureAdmin | Jan 19, 2022 | Business
The National Bank of Ethiopia announces a new risk-based internal audit (RBIA) for insurers to increase companies’ stability will be launched soon. The directive will ensure accounting principles, directives, policies, procedures, relevant laws, and the efficiency...
by AllureAdmin | Dec 2, 2021 | Business
The two parties met on Wednesday in the main palace of Kuwait’s Emir, according to Ethiopia’s Finance Ministry, which issued a brief statement following the meeting without going into detail. The Ethiopian delegation, led by Ahmed and including higher...
by AllureAdmin | Aug 17, 2021 | Tech
TerraPay, a global payments infrastructure firm, announced the partnership with the Bank of Abyssinia for bank account payouts in Ethiopia as part of its mission to enhance and unify the global payments ecosystem by providing a smooth cross-border remittances...
