News

Vodacom introduces new parental leave policy for employees

Vodacom has announced a new gender-neutral parental leave policy which will offer equal time off to all parents. The telco said that all ...

By Regtech AfricaSeptember 2, 20200

Regulatory

CBN orders banks to pay 10% of MPR as interest on savings deposit

The Central Bank of Nigeria (CBN) has ordered banks to henceforth pay 10% of it’s Monetary Policy Rate (MPR) as the minimum interest ...

By Regtech AfricaSeptember 2, 20200

Startup

Pre Accelerator Programme aimed at black Female Tech Founders launches

The accelerator programme aimed at supporting and uplifting all-Black women-owned tech startups will hold its first installment of the program in September 2020. ...

By Regtech AfricaSeptember 2, 20200

Startup

Nigerian agri-tech startup Hello Tractor has been selected to join Mastercard’s Start Path engagement programme

Hello Tractor, connects tractor owners to farmers through an Internet of Things (IoT)-enabled digital solution that bridges the gap between manual and mechanised ...

By Regtech AfricaSeptember 2, 20200

Startup

Kenyan MNO Safaricom launches 2nd edition of Spark Venture Fund, ups size to $6m

Leading Kenyan mobile network operator (MNO) Safaricom has announced the second edition of its Spark Venture Fund, which will invest a total of ...

By Regtech AfricaSeptember 2, 20200

News

Bank Starts Technical Phase for Digital Currency Ahead of 2021 Pilot

The Korea Times have reported that the Bank of Korea (BoK) is now seeking a consulting partnership to bring the second phase of ...

By Regtech AfricaSeptember 1, 20200

Nigeria

Buhari approves transfer of identity management agency to Communications ministry

President Muhammadu Buhari has granted approval for the transfer of the National Identity Management Commission (NIMC) to the Ministry of Communications and Digital ...

By Regtech AfricaSeptember 1, 20200

Nigeria

Insurance sector shrank by 28.15% in Q2, says NBS

The insurance sector of the Nigerian economy has reported that it has contracted by 28.15 per cent in the second quarter of the ...

By Regtech AfricaSeptember 1, 20200

News

Cititrust Financial Services Limited wins Africa most innovative loan/investment brand of the year

Cititrust Financial Services Limited (CFS Limited), a subsidiary of CFS Group Plc, has been adjudged and presented an award as the best African ...

By Regtech AfricaSeptember 1, 20200

News

Opera exits a Nigerian venture, launches new fintech for emerging markets

Norwegian software company, Opera, announced it has made a $6.1 million divestment from a Nigerian subsidiary. The disclosure was made during the company’s ...

By Regtech AfricaSeptember 1, 20200