Africa
Africa: Regulators Force Jumia To Review Terms, Disclaimers For Consumer Protection
In a move to make the firm to take responsibility for actual transactions on its digital platform on the African continent, the Common ...
Nigeria
Nigeria: Zenith Bank gets CBN’s approval in principle to restructure into a holding company
The Central Bank of Nigeria has granted approval in principle for Zenith Bank Plc to transition into a non-operating financial holding company structure. ...
Global
Global: RBI fines Amazon Pay over KYC non-compliance
India’s central bank has fined Amazon Pay around $375,000 for non-compliance with pre-paid payment instruments and KYC rules. The Reserve Bank of India ...
Africa
Africa: Big Tech on notice as regulators in Africa group to investigate their market conduct
Several competition watchdogs in Africa plan to collectively interrogate the market conduct of global digital firms, putting big techs firms like Google and Meta, ...
Regulatory
Tunisia: The Startup Act 2.0 will soon be introduced in Tunisia.
The Startup Act 2.0 project will debut in Tunisia. An updated version of the Startup Act project that offers more ways to emphasize ...
Kenya
Kenya: Flutterwave was exonerated of money laundering accusations in Kenya.
Kenyan Assets Recovery Agency (ARA) has dropped money laundering charges against Flutterwave, an African fintech unicorn. This means that KSh6.6 billion (about $51 ...
Ghana
Ghana: Domestic Debt Exchange- BoG reiterates position of closely monitoring banks to prevent insolvency
The Bank of Ghana (BoG) has reiterated that it is closely monitoring some developments among banks due to the Domestic Debt Exchange which ...
Global
Global: Turkey fines TikTok 1.75 mln lira for weak data protection measures
Turkish authorities have fined TikTok 1.75 million lira ($93,000) for not taking sufficient measures to protect users from unlawful processing of their data, ...
Global
Global: Bank of Israel reveals plan for proposed stablecoin regulation, supervision
The Bank of Israel has released a consultation paper for regulating stablecoins in the country ahead of a full-scale push into digital assets. ...
Congo
DR Congo: ARCA has a National Insurance Certificate Issuance System
On Wednesday, February 22, 2023 the Congolese Insurance Regulation and Control Authority (ARCA) launched the National Insurance Certificate Issuance System (SNECA). This new ...
