Central Credit Register

This article breaks down how open banking is already influencing credit bureaus in Nigeria, what lenders are seeing today, and how the relationship between open banking and credit reporting is likely to evolve in the near future.

This article breaks down the specific categories of data that lenders report to credit bureaus across Africa. It focuses strictly on lender supplied data, not how bureaus score it or how lenders later consume it.

Zimbabwe’s lending market is like playing a game of Jenga—stacking loans high and hoping it doesn’t all come crashing down. With nominal lending rates that hit a staggering 242% in 2022 (now down to 32.4%), it’s safe to say borrowing here isn’t for the faint-hearted. But lenders aren’t worried about flashy interest rates—they’ve got bigger […]