The Bank of Ghana prohibits the unauthorised use of foreign currencies for transactions

The Bank of Ghana (BOG) has issued a reminder warning citizens, and companies to stop transacting business, pricing goods and services and advertising in foreign currencies.

ImaliPay raises $3m to offer financial services to underserved gig workers across Africa

The new funds injection will go into expanding its 50-man team, boosting its technology and exploring new markets like Ghana and Egypt.

CBN sanctions banks for shielding crypto transactions in Nigeria

The Central Bank of Nigeria (CBN) has fined some commercial banks for failing to comply with regulations that bar customers from transacting in cryptocurrencies.

Visa launches its first African innovation hub in Kenya

The Central Bank of Nigeria (CBN) has fined some commercial banks for failing to comply with regulations that bar customers from transacting in cryptocurrencies.

Oystr Finance wins ₦1 million at the SheVentures Tech Pitch

Oystr Finance, a fintech startup building alternative data infrastructure for Africa’s underserved, has won SheVentures Tech Pitch, taking home the cash prize of ₦1 million.

Spotify Charts: Rema, Buju, Asake, Finesse, and more top Nigeria’s charts this week

Here’s what this week’s Spotify Charts have to say about Nigeria’s music scene.

Microsoft includes Zulu to Azure Cognitive Services Translator

Microsoft has announced that they have added Zulu to its Microsoft Azure Cognitive Services Translator.

SabiTeach, CDial and LearnAm emerge as winners of the Lagos Employment Summit Innovation Challenge

SabiTeach, CDial Africa and LearnAm won the top prizes at the Innovation Challenge, a platform created to encourage innovative, tech-driven ideas to create sustainable jobs.

Opis Group expands free-to-play, play-to-earn NFT game “OpiPets” to Africa, announces $500 giveaway contest

Opis Group, a British blockchain technology company has expanded its non-fungible token (NFT) play-to-earn (P2E) game, OpiPets, to Africa.

CardinalStone Capital Advisers names Shirley Somuah as Partner to lead expansion into Ghana

Shirley Somuah will lead CardinalStone Capital Advisers expansion into Ghana

BD Insider: African startups raised over $1.5 billion last quarter from just six deals

BD Insider, Letter 107 covers the top six disclosed funding rounds by African startups in Q1 2022, Congo’s admission into the East African Community.

CBN approves MFS Africa’s acquisition of Capricorn Digital Limited

MFS Africa has announced that they have completed their acquisition of the Nigerian super-agent Capricorn Digital Limited (Baxi).