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Nigeria leads Africa’s fast-growing digital payments space as instant payment transactions climbed close to $2 trillion in 2024. This is according to the new report, "State of Inclusive Instant Payment Systems (SIIPS) 2025," released by the AfricaNenda Foundation in partnership with the World Bank and the United Nations Economic Commission for Africa (UNECA). The report …

By Esther Ososanya  Afreximbank’s shareholders have appointed Dr George Elombi as the Bank’s next President and Chairman of the Board of Directors, effective September 2025. The announcement was made during the Bank’s 32nd Annual Meetings held in Abuja, Nigeria, on June 28, 2025. A Cameroonian national and seasoned executive, Dr Elombi has been with the …

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