Sign up: register@panafrican.email

Tag: Pan African Banking

Nigerian Fidelity bank hit with record fine by NDPC for data privacy violations

The Nigeria Data Protection Commission (NDPC) has fined Fidelity Bank 0.1% of its 2023 revenue, amounting to $358,580, for violating data laws during the account opening process, according to the agency’s report. This is the largest fine NDPC has imposed for data breaches, though Fidelity Bank is contesting the decision. The NDPC instructed Fidelity Bank…
Read more...

August 25, 2024
“Where to invest in Africa”: Top 5 African countries most attractive for investment

The report, “Where to Invest in Africa,” compiled and published by South Africa’s second-largest bank, First National Bank (FNB). The ranking is based on the consideration of 20 indicators divided into four groups. These are current economic performance and potential, market accessibility and level of innovation, economic stability and investment climate, social conditions and human…
Read more...

August 9, 2024
Top 10: Sustainable Banks

Fintech and panafrican.email takes a look at the top 10 most sustainable banks globally, highlighting their sustainable banking practices and initiatives Banks have the potential to play a pivotal role in promoting sustainability through their lending, investment, and governance practices. By prioritising environmentally and socially responsible projects, banks can drive significant positive change in various…
Read more...

August 5, 2024
Plunder Capitalism: A Threat to Africa’s Financial Sovereignty and the Pan-African Dream

The recent discussion on “Pan African Email” regarding the privatization of the U.S. government raises a critical point: the insidious nature of plunder capitalism. This exploitative economic model, where corporations and a wealthy elite extract wealth from nations and their resources, has a long and devastating history in Africa. Here’s how plunder capitalism operates and…
Read more...

August 3, 2024
Who are the fintech leaders in Africa?

Who are the fintech leaders in Africa? Check out Sputnik Africa’s infographic to find out which countries are the ones with the most deals and the largest venture capital funds attracted by fintech startups in 2023.
Read more...

June 22, 2024
Russia will help Africa achieve financial sovereignty through digital currencies

Vice Speaker of the State Duma says Russia “can and should help” African countries achieve financial sovereignty through the mechanism of creating central bank digital currencies, Deputy Speaker of the State Duma Alexander Babakov told Sputnik. 💬”A new payment ecosystem should be built on the basis of innovative financial technologies: high-speed real-time processing, work with…
Read more...

June 18, 2024
How to build with PayPal USD (PYUSD) on Solana

PayPal USD PYUSD tickers down$1.00 is now available on Solana, offering developers a new stablecoin option for their projects. With easy access to test tokens on the Solana Devnet faucet, comprehensive developer documentation and compatibility with the broader Solana ecosystem, building with PYUSD has never been more accessible. This article explains what PYUSD is, where…
Read more...

June 17, 2024
10 best ways to turn $100 into $1,000

Learning how to turn $100 into $1,000 is all about finding a strategy that works for you. Below are some common methods, but keep in mind that they vary in the time it takes to grow your wealth as well as in risk level. 1. Opening a high-yield savings accountA high-yield savings account is a…
Read more...

May 27, 2024