News

Zimbabwe: RBZ Auction Disqualifies 547 ‘Dubious’ Bids

Reserve Bank of Zimbabwe (RBZ) foreign exchange auction Tuesday disqualified a total 547 suspicious bids as the authorities sniff out chancers who intend ...

By Regtech AfricaDecember 3, 20210

Kenya

Kenya: CBK will not cap interest rates charged by digital lenders

Central Bank of Kenya (CBK) will not cap interest rates charged by digital lenders who might soon be put under the financial regulator’s ...

By Regtech AfricaDecember 2, 20210

News

Fitch Assigns GTCO ‘B’ Rating, Says Outlook Stable

Fitch Ratings has assigned Nigeria-based Guaranty Trust Holding Company Plc (GTCO) a Long-Term Issuer Default Rating (IDR) of ‘B’ with a stable outlook ...

By Regtech AfricaDecember 2, 20210

Regulatory

ICASA grants 6 provisional spectrum licences to qualifying operators

The Independent Communications Authority of South Africa (ICASA) has announced that it has granted licences to six electronic communications network operators for provisional ...

By Regtech AfricaDecember 2, 20210

Nigeria

Wabi2b launches in Nigeria to digitise traditional trade channels

Adagunodo, country manager, Wabi Nigeria Wabi, an ecommerce ecosystem that seeks to transform the way consumers buy their products, has launched Wabi2b in Nigeria to ...

By Regtech AfricaDecember 2, 20210

South Africa

South Africa’s tech marketplace, OfferZen raises $5,200,000 from Base Capital

South African startup, OfferZen has raised $5,200,000 Series A funding from South African investment company, Base Capital. OfferZen will leverage the investment to ...

By Regtech AfricaDecember 2, 20210

Global

New Crypto and Blockchain Association Launches in Iran

A recently established crypto industry association in Iran has commenced activities under the country’s chamber of commerce. Its management hopes to help remove ...

By Regtech AfricaDecember 2, 20210

Africa

Algerian transport startup Yassir raises $30m Series A funding round

Algerian on-demand transport platform Yassir has raised a US$30 million Series A funding round to allow it to grow in existing markets and ...

By Regtech AfricaDecember 2, 20210

Kenya

Kenya: ViewTech gets CBK nod to take on M-Pesa

Nairobi-based electronic payments firm ViewTech has been authorised by the Central Bank of Kenya (CBK) to facilitate in-person payments through the mobile phone ...

By Regtech AfricaDecember 2, 20210

Global

FCA to double fees charged to regulated firms

The Financial Conduct Authority is proposing to double the fees charged to member institutions under its ambit. Under the proposals, the minimum fee, ...

By Regtech AfricaDecember 2, 20210