News

Nigeria: Net foreign exchange inflow rose to $2.77bn July – CBN

The net foreign exchange inflow into the Nigerian economy, according to the CBN’s report on forex flows, rose slightly to $2.77bn in July from $2.27bn ...

By Regtech AfricaNovember 23, 20210

Global

U.S President Joe Biden Renominates Jerome Powell as Fed Chair

United States President Joseph Biden has put forth Jerome Powell to remain as the chair of the Federal Reserve, subject to Senate approval, ...

By Regtech AfricaNovember 23, 20210

Africa

Namibia’s MTC lists on the stock exchange

Namibia’s Mobile Telecommunications Limited (MTC) listed on the Namibian Stock Exchange (NSX) on 19 November 2021, after raising about N$2,5 billion at the ...

By Regtech AfricaNovember 23, 20210

Innovation

Tanzania: Mwinyi sees more Financial Inclusion as CRDB Launches Islamic Banking

Tanzanians now have a new option in fulfilling their banking needs in a manner that aligns with Muslims’ religious beliefs – thanks to ...

By Regtech AfricaNovember 22, 20210

Application for CBN COVID 19 stimulus package for households businesses reopens

News

Nigeria: CBN Releases Fresh Guidelines For Agricultural Credit Guarantee Scheme

The Central Bank of Nigeria (CBN) has released fresh operational guideline for participants and operating institutions under its Agricultural Credit Guarantee Scheme Fund ...

By Regtech AfricaNovember 22, 20210

Intelligence

Rwanda: Remittances to Rwanda Estimated to Reach $246 Million This Year

Remittance inflows to Rwanda for 2021 are estimated at around $246 million after a drop to $241 million in 2020 as a result ...

By Regtech AfricaNovember 22, 20210

Global

World Economic Forum releases findings of interoperability study on three CBDCs

Two CBDCs have been formally introduced and are recognized by international regulators. However, more are unfolding by the day or functioning on an ...

By Regtech AfricaNovember 22, 20210

Ghana

Ghana to introduce electronic transaction tax in 2022 budget

Ghana’s finance minister Ken Ofori-Atta has announced that the government intends to introduce an electronic transaction levy (e-levy) in the 2022 budget. He said this ...

By Regtech AfricaNovember 22, 20210

Global

El Salvador Plans to Build Tax-Free Bitcoin City

El Salvador is delving further into bitcoin and plans to issue sovereign bitcoin bonds, Bloomberg reported. The country, which has already made bitcoin ...

By Regtech AfricaNovember 22, 20210

Africa

Winners at the 2021 Africa’s Business Heroes announced

Winners of the 2021 Africa’s Business Heroes (ABH) were announced on the 18th of November during a virtual live Grand Finale where US$1.5 million grant funding was awarded to the ...

By Regtech AfricaNovember 22, 20210