News

Nigeria: FIRS Champions Tax Incentive Awareness to Empower Businesses and Drive Economic Growth

The Federal Inland Revenue Service (FIRS) has reaffirmed its commitment to enhancing tax literacy among Nigerian business owners, farmers, and entrepreneurs by spotlighting ...

By Regtech AfricaApril 14, 20250

Kenya

U.S. Tech Investors Raise Red Flags Over Corruption, IP Gaps, and Digital Tax Risks in Nigeria and Kenya

Nigeria and Kenya—two of Africa’s leading technology hubs—are facing renewed scrutiny from U.S. tech investors over persistent governance and regulatory challenges that are ...

By Regtech AfricaApril 12, 20250

Fintech

Nigeria: Senate Committee Partners with Kuda to Boost Compliance and Transparency in Nigeria’s Financial Ecosystem

Nigeria’s financial system is grappling with major compliance challenges, underscored by the revelation of over ₦3.4 trillion in financial infractions across federal Ministries, ...

By Regtech AfricaApril 12, 20250

Fintech

Global: Revolut Set to Launch U.K. Stock Trading as It Expands Regulatory Footprint and Investment Services

Revolut is preparing to introduce U.K.-listed stocks to its trading platform in the coming days, marking a significant milestone in its ongoing efforts ...

By Regtech AfricaApril 12, 20250

Global

HSBC Eyes Private Credit Market Amid Strategic Shift and Global Competition

HSBC is exploring potential entry into the fast-growing private credit market through possible partnerships with established private credit firms, according to a recent ...

By Regtech AfricaApril 12, 20250

Fintech

Morocco sets the stage for Africa’s digital future ahead of continental launchpad event for innovation, AI and digital leadership in Marrakech

Rabat, Morocco – 9 April, 2025: Morocco will once again play a pivotal role in shaping Africa’s digital landscape. As the country continues ...

By Regtech AfricaApril 11, 20250

Global

Global: UK Reappoints Nikhil Rathi as FCA CEO to Advance Regulatory Reform and Innovation Through 2030

In a move that underscores the UK’s commitment to progressive financial regulation and innovation, Chancellor Rachel Reeves has officially reappointed Nikhil Rathi as ...

By Regtech AfricaApril 11, 20250

Global

Global: CFTC Issues Clarification on Regulatory Classification of Foreign Exchange Products

The U.S. Commodity Futures Trading Commission (CFTC) has issued an interpretive letter aimed at providing greater regulatory clarity on the classification of certain ...

By Regtech AfricaApril 11, 20250

Fintech

Global: Block Fined $40M for AML and Compliance Failures on Cash App Platform

Digital payments firm Block Inc. has agreed to pay a $40 million penalty following regulatory action by the New York Department of Financial ...

By Regtech AfricaApril 11, 20250

Innovation

Nigeria: Zinox Technologies and TETFUND Forge Strategic Partnership to Advance Innovation and Renewable Energy in Nigeria’s Tertiary Institutions

In a landmark move to bolster technological transformation and sustainable development in Nigeria’s higher education sector, Zinox Technologies has partnered with the Tertiary ...

By Regtech AfricaApril 11, 20250