Libya’s Assaray Trade and Investment Bank (ATIB) has selected Switzerland-headquartered Temenos Infinity and Temenos Transact to power digital transformation
Finance
As expenditure grows, Nigeria pushes up tax collection even as it borrows
The Federal Inland Revenue Service (IFRS) intends raising Nigeria’s tax ratio of six per cent of gross domestic product (GDP) to 17 per cent by 2023, according to Muhammad Nami, executive chairman at IFRS
Africa ready to surpass developed countries in 4IR, says AfDB
Africa is set to outdo the achievements of the developed world in Fourth Industrial Revolution (4IR), according to Stefan Nalletamby, acting vice-president for the private sector, infrastructure and industrialisation complex at the African Development Bank (AfDB)
African banks transforming operations with Oracle solution
Several of Africa’s innovative digital-first banks are turning to Oracle Financial Services’ FLEXCUBE Universal Banking platform to transform their processes and deliver a centralised experience for customers
ICD and A-eTrade Group sign MoU to boost Africa’s economic transformation
During the 33rd Ordinary Session of the Assembly of the Heads of State and Government of the African Union summit, Islamic Corporation for the Development of the Private Sector (ICD) signed an MoU with the A-eTrade Group to advance Africa’s economic transformation under Agenda 2063