Ghana
Ghanaian Startups Brace for Higher Costs as AWS Introduces 21% Tax
Amazon Web Services (AWS) will impose a 21% tax on cloud services in Ghana starting March 1, 2025, significantly raising operational costs for ...
Africa
Africa’s Cross-Border Payment Challenges Go Beyond Technology, Say Central Bank Executives
Despite the growing presence of fintech solutions, Africa’s cross-border payment challenges are rooted in more than just technology, according to central bank executives. ...
Innovation
Nigeria Takes Action to Prevent Fibre Cuts Disrupting Telecom Services
Nigeria has launched a Joint Standing Committee on the Protection of Fiber Optic Cables to safeguard its telecommunications infrastructure and reduce the frequent ...
Regulatory
South African Regulator Pushes for $27M Annual Compensation from Google, Meta for Local News Publishers
South Africa’s Competition Commission is calling on global tech giants like Google, Meta, and X (formerly Twitter) to compensate local news publishers for ...
Fintech
Global: Monument Bank Partners with Firenze to Expand Lombard Lending Access
Monument Bank has announced a strategic partnership with Firenze, a fintech specializing in Lombard lending for wealth managers. Under the agreement, the UK-based ...
Fintech
UK Court Approves $200M Mastercard Settlement in Class Action Lawsuit
The UK’s Competition Appeal Tribunal has approved Mastercard’s £200 million ($200 million) settlement in a class action lawsuit filed on behalf of British ...
Fintech
Global: SEC Drops Investigation into Robinhood’s Crypto Operations
Robinhood has announced that the U.S. Securities and Exchange Commission (SEC) has officially closed its investigation into the company’s cryptocurrency division without pursuing ...
Nigeria
Nigeria: Tax Reform Bills Set to Strengthen Nigeria’s Fiscal Stability – FRC
The Executive Chairman of the Fiscal Responsibility Commission (FRC), Mr. Victor Muruako, has emphasized that the proposed tax reform bills will enhance Nigeria’s ...
Nigeria
Nigeria: SEC Accelerates Offer Approval Process to Two Weeks
The Securities and Exchange Commission (SEC) has announced a significant reduction in the timeframe for approving company offers, cutting the process down to ...
Global
U.S. Lawmakers Demand Clarity on EU’s Big Tech Regulations
The U.S. House Judiciary Committee is calling for more transparency in how the European Union (EU) enforces its tech regulations, raising concerns that ...
