Updates

SEC Adopts Money Market Fund Reforms and Amendments to Form PF Reporting Requirements for Large Liquidity Fund Advisers

July 12, 2023/US SEC The Securities and Exchange Commission today adopted amendments to certain rules that govern money market funds under the Investment Company Act of 1940. The amendments will increase minimum liquidity requirements for money market funds to provide a more substantial liquidity buffer in the event of rapid […]

GIM-UEMOA Joins nexo standards to Simplify Cross-border Payments Across West Africa

July 12, 2023/Aetoswire International, non-profit organization nexo standards – established to create a unified global card payments acceptance ecosystem – has welcomed GIM-UEMOA into the association to implement ISO 20022 specifications that help reduce time to market of West African payment solutions and improve the customer experience. GIM-UEMOA brings together […]

Forbes 2023 Index: Dangote Still Africa’s Richest for 12th Consecutive Year

…Listed among world’s top 200 richest persons July 11, 2023/Dangote Group For the 12th year consecutively, Aliko Dangote, President of the pan-African Conglomerate, the Dangote Group has emerged the richest man in Africa, despite economic headwinds that affected the fortunes of half of the world’s reported billionaires. Dangote, whose business […]