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News

Kuda Bank Upgraded to National Operating Banking License in Nigeria

The Central Bank of Nigeria has upgraded Kuda Microfinance Bank to a full national operating banking license, placing...

ABA EditorialJan 15, 2026Nigeria
News

Nigeria's FCCPC Advances Digital Consumer Lending Rules Covering BNPL and Online Credit Providers

The Federal Competition and Consumer Protection Commission has advanced its Digital, Electronic, Online, or...

ABA EditorialNov 18, 2025Nigeria
News

Chari Closes USD 12 Million Series A, Becomes First VC-Backed Moroccan Company with Payment Institution License

Moroccan B2B e-commerce and fintech operator Chari has closed a USD 12 million Series A round, the largest ever raised...

ABA EditorialOct 16, 2025Morocco
News

Mauritania Signs USD 300 Million Hybrid Solar-Wind IPP Deal Under AfDB Desert to Power Initiative

The Government of Mauritania has signed a USD 300 million independent power producer agreement for a hybrid solar-wind...

ABA EditorialOct 3, 2025Mauritania
News

Seventeen African Countries Launch National Energy Compacts at UN General Assembly

At the United Nations General Assembly in September 2025, seventeen additional African countries unveiled their...

ABA EditorialSep 24, 2025
News

Sun King Closes USD 156 Million Kenya Securitization, Largest Off-Grid Solar Financing in Africa to Date

Solar home systems operator Sun King has closed a USD 156 million securitization deal with Citi to fund expansion of...

ABA EditorialJul 29, 2025Kenya
News

Flutterwave Obtains Payment Institution License in Senegal

Pan-African payment infrastructure company Flutterwave has received authorization from Senegalese regulators to operate...

ABA EditorialJul 22, 2025Senegal
News

African Development Bank Launches Electricity Regulatory Index 2024 at Africa Energy Forum in Cape Town

The African Development Bank used its presence at the 27th African Energy Forum to launch its flagship Electricity...

ABA EditorialJun 18, 2025South Africa
News

African Leaders Endorse Dar es Salaam Declaration at Mission 300 Africa Energy Summit

Twelve African governments unveiled National Energy Compacts at the Mission 300 Africa Energy Summit in Dar es Salaam...

ABA EditorialJan 28, 2025Tanzania