Ukheshe, an SMME digital banking platform provider, has been selected to join Mastercard Start Path, an exclusive startup engagement programme for later-stage scaling startups
Finance
Asoko Insight’s platform to match UK investors to fund-seeking African corporates

The platform aims to facilitate easier connections between fundseekers and investors. (Image source: Joostv/Flickr)
Asoko Insight has announced that the deal origination platform will continue to match UK investors and businesses to fund-seeking African corporates for a further six months
Central Bank of Nigeria resumes sale of foreign exchange

In a circular released in Abuja, CBN stated that it is prepared to meet the needs of all legitimate users. (Image source: dotun55/Flickr)
The Central Bank of Nigeria (CBN) has commenced the sale of foreign exchange totalling more than US$100mn through the commercial for school fees payments and for small and medium size companies wishing SMEs to make essential imports to revamp economic activities
Nigeria to borrow US$4.34bn from domestic market

The total new domestic borrowing under the 2020 appropriation becomes US$4.34bn which is the same as the total new borrowing in the 2020 Appropriation Act. (Image source: Ahmad Ardity/Pixabay)
The Nigerian government will borrow US$4.34bn from the domestic market to part-finance the budget deficit
MEA banks are strongest believers in a cashless society, says Temenos survey

The global Coronavirus pandemic is likely to reinforce this trend. (Image source: StockSnap/Pixabay)
Building a mobile-first greenfield bank is ranked as the top innovation strategy by 37 per cent of MEA banking executives, according to a global retail banking survey released by Temenos, the banking software company