Nigeria

Nigerian media startup, Dataphyte, raises $100,000 in seed investment

Dataphyte, a Nigerian media startup, on Thursday announced that it has raised a seed funding of $100,000. The media, research and data company ...

By Regtech AfricaDecember 4, 20210

News

Zimbabwe: CBZ CEO Zimunya Retires, Nyazema Takes Over

CBZ managing director, Peter Zimunya is set to step down as chief executive after a prolonged career spanning over four decades in the ...

By Regtech AfricaDecember 3, 20210

Africa

Namibia: Central Bank Launches Three-Year Strategic Plan

The Bank of Namibia this week launched a three-year strategic plan which provides a solid platform for the bank to conduct monetary policy, ...

By Regtech AfricaDecember 3, 20210

Innovation

Interswitch reiterates commitment to boost Nigeria’s tech ecosystem, supports DevFest Lagos

Africa’s leading integrated payments and digital commerce company, Interswitch, has once again restated its support for Nigeria’s technology ecosystem through its sponsorship of ...

By Regtech AfricaDecember 3, 20210

Intelligence

Zimbabwe: FCA Deposits Hit U.S.$1,72 Billion

Foreign currency account (FCA) deposits, on a broad money basis, grew by 68,85 percent in the year to September 2021, latest statistics from ...

By Regtech AfricaDecember 3, 20210

AfDB to spend additional 2bn on AfCFTA related infrastructure

Africa

AfDB Signs $35m Facility for Ecobank International Affiliates, EBI SA

The Board of Directors of the African Development Bank (AfDB) has approved a $35 million unfunded risk-sharing facility for Ecobank International affiliates, EBI ...

By Regtech AfricaDecember 3, 20210

News

Nigeria: FG announces plan to regulate Netflix and other streaming services

The Federal Government of Nigeria has hinted on new moves to introduce censorship laws and regulatory framework for Over-The-Top (OTT) streaming services and ...

By Regtech AfricaDecember 3, 20210

Kenya

Kenya: KCB cancels acquisition of Tanzanian bank

KCB Group has cancelled its plan to acquire a Tanzanian lender from London-listed Atlas Mara Limited, citing regulatory hurdles. KCB in late November last ...

By Regtech AfricaDecember 3, 20210

News

Nigeria: NCC Shortlists MTNN, Airtel, Mafab for 5G Spectrum Auction

The Nigerian Communications Commission (NCC) has announced MTN Nigeria Communications Plc, Airtel Networks Ltd and Mafab Communications Ltd., as approved bidders of the ...

By Regtech AfricaDecember 3, 20210