Ghana
Ghana: BoG Launches Cyber Threat, Attacks Centre for Banking Sector
The Vice President, Dr Mahamudu Bawumia, launched the Financial Industry Command Security Operations Centre (FICSOC) to protect the industry from cyber attacks. The ...
Regulatory
South Africa introduces new regulations on moving assets overseas
Under the previous system, any individual could use their foreign investment allowance to transfer up to a total of ZAR10 million a year ...
Nigeria
Nigeria: Hope rises for lower call, data tariffs as NCC licenses 25 new MVN operators
The Nigerians Communications Commission (NCC) has licensed 25 new companies to provide mobile telecommunications services under the Mobile Virtual Network Operator (MVNO) framework. ...
News
Nigeria: Naira Steadies Against U.S Dollar Across FX Markets
Against United States (U.S) dominance, the naira traded steadied across foreign exchange (forex) markets amidst analysts’ expectations of a local currency devaluation. For ...
Namibia
Namibia: Fitch Affirms Namibia at ‘BB-‘ with Stable Outlook
Fitch Ratings Affirmed Namibia’s ‘BB-‘rating with an outlook accorded as stable, saying the ratings are supported by its strong governance indicators and institutional ...
News
Sierra Leone: IMF Approves $20.7m Loan for Sierra Leone
The Executive Board of the International Monetary Fund (IMF) has announced the completion of the sixth and seventh reviews of Sierra Leone’s Extended ...
News
Seychelles: ‘Outlook Positive’ – IMF Approves $56m EFF and $46m RSF for Seychelles
The executive board of the International Monetary Fund (IMF) approved on May 31 a total of $56 million for a three-year arrangement for ...
Ghana
Ghana: WAMI, EMTECH Solutions Partner to Modernise Fintech Regulatory Frameworks
The West African Monetary Institute (WAMI) and EMTECH Solutions Inc. have struck a strategic partnership to modernise country-level and regional regulatory sandboxes, enabling ...
Kenya
Kenya central bank says digital currency not a ‘compelling priority’
Kenya’s central bank does not consider the issuance of a digital currency a “compelling priority” but it will continue monitoring developments in the ...
News
Nigeria: Banks’ Borrowing from CBN Up 275% to N7.5trn on Liquidity Crunch
Amid liquidity crunch in the banking sector, Deposit Money Bank (DBMs) and merchant banks borrowing Central Bank of Nigeria (CBN) increased to N7.5trillion ...