News

Nigeria: Over 84% of CBN Anchor Borrowers Loans Defaulted – BoA

Over 84% of the Central Bank of Nigeria’s Anchor Borrowers loans are yet to be paid, the Bank of Agriculture (BoA) Chief told ...

By Regtech AfricaDecember 9, 20210

Malawi Joseph Mwanamvekha Dalitso Kabambe

Africa

Malawi Arrests Ex-Finance Minister, Central Bank Governor for Fraud

Malawian authorities have arrested three officials of the former ruling party, including a former finance minister and central bank governor, for alleged abuse ...

By Regtech AfricaDecember 9, 20210

FEC Signs N1.8bn for Devices to Combat Telecoms Related Frauds 1068x601 1

News

Nigeria: FEC Signs N1.8bn for Devices to Combat Telecoms Related Frauds

The Federal Executive Council (FEC) on Wednesday approved N1.8 billion for the deployment of regulatory systems in the Nigerian Telecommunications industry to tackle ...

By Regtech AfricaDecember 9, 20210

Visa launches programme for startups fintech in Bangladesh

Global

Visa Launches Cryptocurrency Advisory Service for Financial Institutions, Merchants

A new global study by Visa showed nearly 40 percent of crypto owners surveyed would be likely or very likely to switch their ...

By Regtech AfricaDecember 9, 20210

BIS and central banks partner to create CBDC %E2%80%98bridge

Global

BIS Experiment Finds CBDCs to Be Effective in Cross-Border Settlements

A group of central banks successfully tested the use of a wholesale CBDC in international transactions between financial institutions. Central bank digital currencies ...

By Regtech AfricaDecember 9, 20210

Nigeria

Nigeria’s digital payroll platform Bento expands to Kenya, Rwanda and Ghana, to enter six other African markets in 2022

Bento, Nigeria’s digital payroll and human resource management platform, is expanding to Ghana, Kenya and Rwanda, with plans to set up operations in ...

By Regtech AfricaDecember 9, 20210

Hermann Tischendorf MTN Chief Technology Information Officer for Digital and Fintech.

News

SA: MTN announces appointment of new Digital and Fintech CTIO

MTN Group is pleased to announce the appointment of Hermann Tischendorf as our Chief Technology & Information Officer for Digital and Fintech. “We are ...

By Regtech AfricaDecember 9, 20210

News

NIGERIA: FBN Holdings Records N8.5trn Total Assets, N40.79bn PAT

FBN Holdings Plc has announced that it gained 11 per cent to hit N8.51trillion in total assets as at September 30, 2021 from ...

By Regtech AfricaDecember 9, 20210

South Africa

SA: Tyme raises $180 million in funding deal involving Tencent and UK’s CDC Group

Multi-country digital banking group, Tyme, has secured $180 million Series B capital raise from Chinese multi-national technology conglomerate Tencent and UK impact investor CDC Group. ...

By Regtech AfricaDecember 9, 20210

Kenya

Kenya fintech Hisa launches U.S. stocks trading platform for Kenyans

Hisa Technologies has unveiled the Hisa mobile that allows anyone in Kenya to invest in US stocks and ETFs directly from their phones through mobile ...

By Regtech AfricaDecember 9, 20210

Nigeria: Over 84% of CBN Anchor Borrowers Loans Defaulted – BoA

Malawi Arrests Ex-Finance Minister, Central Bank Governor for Fraud

Nigeria: FEC Signs N1.8bn for Devices to Combat Telecoms Related Frauds

Visa Launches Cryptocurrency Advisory Service for Financial Institutions, Merchants

BIS Experiment Finds CBDCs to Be Effective in Cross-Border Settlements

Nigeria’s digital payroll platform Bento expands to Kenya, Rwanda and Ghana, to enter six other African markets in 2022

SA: MTN announces appointment of new Digital and Fintech CTIO

NIGERIA: FBN Holdings Records N8.5trn Total Assets, N40.79bn PAT

SA: Tyme raises $180 million in funding deal involving Tencent and UK’s CDC Group

Kenya fintech Hisa launches U.S. stocks trading platform for Kenyans

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2025 AfricaTech Awards at VivaTech: Nigeria, Kenya & Tunisia top the list for this 4th edition

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