Nigeria is experiencing a foreign exchange crisis, as FX scarcity drives up the cost of exchanging Naira into US dollars, particularly in the parallel market.
Neobanks have been transforming the financial landscape in many parts of the world, not least in major countries in Africa.
In January, Afreximbank launched PAPSS with 12 African central banks. Here's how it will increase cross-border payments capabilities within the continent.
2021 was the year that many payments companies began to seriously enter the cryptocurrency space.