Africa has marked a significant step towards financial independence following the launch of PAPSSCARD, the continents first Pan-African card scheme. Unveiled on June 27 at the 32nd Afreximbank Annual Meetings in Abuja, Nigeria, the new card represents a major leap in Africas efforts to achieve financial sovereignty by building resilient and independent payment systems, easing people travel and boosting trade integration.
Global payments processors Visa V.N, opens new tab and Mastercards MA.N, opens new tab default multilateral interchange fees which are charged to retailers infringe competition law, a London tribunal ruled on Friday in the latest round of the long-running legal saga.
Gold lost 4% of its value over the past week in the Egyptian market, reflecting a noticeable decline in demand and a shift in investor preferences. This local was further reinforced by a 2.8% decline in global gold prices during the same period.
Emirates NBD Egypt Wins the Prestigious Best Bank for Cash Management - North Africa 2025 Award The Digital Banker
Global Brands Magazine has officially announced the winners of its 2025 Global Brand Awards, recognizing excellence and innovation across various industries. Among the honorees this year is Banky, Egypts leading platform for comparing banking products and services, which was awarded the Best Tech-Driven Banking Services Platform.
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Banky - بنكي
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