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Nigeria names new finance minister in second shake-up in two months

Taiwo Oyedele, Chairman of the Presidential Fiscal Policy and Tax Reforms Committee

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Ecobank pursues direct yuan settlements to slash dollar costs in Africa China trade

Ecobank is collaborating with Bank of China to introduce direct local currency to yuan settlement services by 2026, aiming to streamline payments for African SMEs engaged in trade with China.

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29 African currencies weaken as Middle East war fuels inflation 

African currencies have come under pressure as the ongoing Middle East conflict drives up oil prices, disrupts shipping flows, and sends inflationary shocks across the continent.

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Africa’s next fintech phase will be defined by usage, not reach

As digital finance matures, access is no longer the benchmark. Infrastructure that supports frequent, low-value transactions is becoming central to sustained usage and economic participation.

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New report exposes sub-Saharan Africa’s three decade productivity stagnation

The IMF’s April 2026 Regional Economic Outlook highlights a stagnation in sub-Saharan Africa’s labor productivity over nearly three decades, contrasting sharply with other regions.

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Bujeti

Bujeti launches tax management tool to drive compliance for Nigerian businesses

Y Combinator-backed fintech Bujeti has launched a tax management product…

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Cardtonic

Cardtonic Introduces Platinum Card to Unlock Global Contactless Payments for Everyday Users

Planning to make contactless payments? Cardtonic Introduces Platinum Card to…

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Credit Direct by FCMB

Target Yield: A structured path to disciplined investing in Nigeria

Target Yield offers Nigerians a disciplined goal-driven investment structure with…

Credit Direct (1)
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Credit Direct by FCMB

Why more Nigerians are choosing Credit Direct to invest their money

In Nigeria’s fast-evolving financial ecosystem, one persistent challenge continues to…

Credit Direct Yield

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Bujeti

Bujeti launches tax management tool to drive compliance for Nigerian businesses

Y Combinator-backed fintech Bujeti has launched a tax management product…

Bujeti launches Tax Management product || Image source:
BY
Cardtonic

Cardtonic Introduces Platinum Card to Unlock Global Contactless Payments for Everyday Users

Planning to make contactless payments? Cardtonic Introduces Platinum Card to…

Cardtonic card
BY
Credit Direct by FCMB

Target Yield: A structured path to disciplined investing in Nigeria

Target Yield offers Nigerians a disciplined goal-driven investment structure with…

Credit Direct (1)
BY
Credit Direct by FCMB

Why more Nigerians are choosing Credit Direct to invest their money

In Nigeria’s fast-evolving financial ecosystem, one persistent challenge continues to…

Credit Direct Yield

You can post on Techpoint Africa too!

Post here

Other highlights


Africa loses $5bn annually to correspondent banking, open payments offer an alternative

Africa’s reliance on correspondent banking imposes a $5bn annual cost. Open payments architecture offers a structural alternative, promising faster settlement and reduced dependence on foreign intermediaries.

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Nigeria’s food inflation hits 5-month high in March

The latest reading marks the highest level since November and extends a reversal of the brief easing seen late last year. Recall that Nigeria’s food inflation dropped to single digits in January for the first time in over a decade.

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IMF: Reform momentum lifts Ethiopia and Uganda as regional growth slows

The IMF’s April 2026 Regional Economic Outlook reveals a divided sub-Saharan Africa: agile reformers like Ethiopia and Uganda are thriving with strong growth, while traditional heavyweights such as South Africa and Angola struggle.

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Why the share of bad loans in Kenya is quietly rising

There’s a fact in Kenyan banking that often gets overlooked: most Kenyans repay their loans. Four out of five, in fact. The problem isn’t that Kenyans don’t pay. It’s that the share that doesn’t has been quietly rising

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