Category: Pan African Banking
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PayPal’s Crimax Deal: A New Era for Pan-African Digital Transactions
PayPal’s deal with Crimax signals a shift toward deeper collaboration between global payment giants and African-grown fintechs, with big implications for how Africans send, receive, and spend money across borders and within the continent’s digital economy. [1][2] Setting the stage: PayPal’s new Africa play For years, PayPal treated Africa largely as a “send-only” market, limiting…
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🇿🇲 The Zambia kwacha has surged to become the world’s best‑performing currency against the US dollar
The Zambia kwacha has surged to become the world’s best‑performing currency against the US dollar in early 2026, outpacing all other currencies tracked by Bloomberg. Kwacha’s stunning rally Over the past month, the kwacha has gained around 10–12 percent against the dollar, reaching its strongest level in more than two years. – On some trading…
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Navigating U.S. Tax Obligations After Deportation: A Guide for the Pan-African Community
For members of the global African diaspora, a deportation order from the United States can feel like a definitive severance. However, one critical legal and financial thread often remains: the obligation to file U.S. taxes. Understanding this responsibility is not about clinging to the past but about proactively managing your future, protecting your financial integrity,…
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🇬🇭 Ghana’s Anti-Corruption Battle Reaches Former Finance Minister: A Test for the Rule of Law
A red notice from Interpol and an extradition request to the United States mark a dramatic turn in Ghana’s pursuit of a former finance minister accused of masterminding a multimillion-dollar scheme that allegedly defrauded the state. Ghana’s former Finance Minister, Ken Ofori-Atta, has been formally charged with 78 counts of corruption. The charges stem from…
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🇬🇭 Ghana Passes Law to Legalize Widespread Use Of Cryptocurrency
Ghana’s parliament approved the legalization of cryptocurrency, a move to address central bank concerns about the widening and unregulated use of the alternative asset in the West African country. Passage of the Virtual Asset Service Providers Bill will facilitate the licensing of crypto platforms and supervising activity, Bank of Ghana Governor Johnson Asiama said at…
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Big Banks Enter Stablecoin Era by Taking Zelle International
The move could help big bank owners of payment product head off cryptocurrency competition Zelle, the payments product owned by the country’s largest banks, said Friday that it plans to allow users to start making international payments using stablecoins, a type of cryptocurrency. The move by Early Warning Services, which is owned by a consortium…
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🇬🇭Asante plans to spend $6.4 million on gold exploration at Chirano and Bibiani mines in Ghana
Asante Gold is investing more than 9 million Canadian dollars in gold exploration at the Chirano and Bibiani mines in Ghana. CEO Dave Anthony noted that these funds will accelerate exploration work and support long-term planning. At Chirano, 15,000 meters of drilling are planned by the end of 2025 to assess resources and search for…
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🇧🇼 Botswana Nears Historic Deal for Majority Stake in De Beers
In a move that could dramatically reshape the global diamond industry, Botswana is pushing to finalize a deal to acquire a majority stake in the legendary gem company, De Beers, by the end of next month. This potential acquisition represents a seismic shift for the southern African nation, which has been the primary source of…
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🇳🇬 Ecobank Nigeria Celebrates Nigerian Art Masters with Special Exhibition in Lagos
Ecobank Nigeria has reaffirmed its commitment to supporting the country’s creative arts industry as it launched a major exhibition in Lagos showcasing the works of legendary Nigerian artists. The exhibition, titled “Enduring Legacies: A Collector’s Tribute to Masters,” opened on Friday, September 5, and will run until Sunday, September 21, 2025, at EPAC Studios in…
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🇬🇦 The Bongo Clan’s Long Shadow: How a Gabonese Banking IPO Sparked a Continental Power Struggle
A planned Initial Public Offering (IPO) for one of Central Africa’s most prominent financial institutions, BGFIBank, has escalated into a fierce legal and corporate battle, exposing the deep-seated tensions between old political networks and new economic ambitions in Francophone Africa. The conflict pits the bank’s current leadership, led by CEO Henri-Claude Oyima—a figure with longstanding…
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