Innovation
Kenya Unveils First Crypto Regulation Bill to Govern ICOs, Stablecoins, and Digital Asset Platforms
In a landmark move signaling a shift in its digital finance strategy, Kenya has introduced its first comprehensive legislation to regulate the cryptocurrency ...
Nigeria
Nigeria: CBN Deploys $669 Million in Q1 2025 to Stabilize Naira Amid Forex Market Pressures
In a bold effort to shield the Naira from further volatility, the Central Bank of Nigeria (CBN) intervened in the foreign exchange (FX) ...
Innovation
Airtel Zambia and IHS Towers to Invest $14M in Network Expansion, While MTN and Huawei Advance 5G Innovation
In a major boost for Zambia’s digital infrastructure, Airtel Zambia, in collaboration with global telecom infrastructure provider IHS Towers, has announced a joint ...
Africa
Africa’s Digital Payments Market Projected to Hit $1.5 Trillion by 2030 — Mastercard Report
Africa’s digital payments ecosystem is on course to reach a staggering $1.5 trillion by 2030, propelled by rapid internet adoption, expanding financial inclusion, ...
Fintech
Global: JP Morgan Set to Secure Merchant Banking License in Nigeria, Accelerates African Expansion
Global banking leader JP Morgan is reportedly advancing plans to transform its Lagos representative office into a fully licensed merchant banking operation, signaling ...
Nigeria
Nigeria: ISA 2025 Set to Accelerate Economic Growth and Capital Market Innovation — SEC
The Securities and Exchange Commission (SEC) has described the upcoming Investments and Securities Act (ISA) 2025 as a transformative legislative framework poised to ...
Fintech
Flutterwave Launches Send App in Ghana, Reinforces Cross-Border Compliance and Financial Inclusion in Remittance Services
In a move set to transform the remittance landscape in West Africa, Flutterwave, Africa’s leading payments technology provider, has officially launched its Send ...
Fintech
Nigeria: Sterling Bank Launches Zero-Transfer Fee Initiative, Reinforces Commitment to Digital Banking Inclusion
In a strategic move to redefine digital banking in Nigeria, Sterling Bank has introduced a zero-transfer fee policy on all local online transactions, ...
Nigeria
Nigeria: SEC Warns Ponzi Scheme Operators: 10-Year Jail Term, N20 Million Fine Under New Law
The Securities and Exchange Commission (SEC) has declared that individuals and entities promoting or operating Ponzi schemes now face a minimum fine of ...
Nigeria
Nigeria: NESG Advocates VAT Increase to Sustain Government Revenue Amid Tax Reforms
The Nigeria Economic Summit Group (NESG) has urged the Federal Government to increase the Value-Added Tax (VAT) rate as part of its ongoing ...