AMA

2024 is Deadliest Year on Record for Migrants, New IOM Data Reveals 

Omar, an Ethiopian migrant, is treated for dehydration and exhaustion by IOM’s Mobile Unit in the Djiboutian desert. Chances of survival are low ...

By Regtech AfricaMarch 25, 20250

Kenya

Kenyan Court Dismisses Lawsuit Alleging Safaricom Stole “Reverse Call” Concept

A Nairobi court has ruled in favor of Safaricom, dismissing a lawsuit filed by Davidson Ivusa, a Kenyan innovator who accused the telecom ...

By Regtech AfricaMarch 24, 20250

Fintech

Nigeria’s NIBSS and Ceva Compete for Kenya’s Fast Payment System Project

Nigeria’s Interbank Settlement System (NIBSS) and Kenyan payment solutions provider Ceva Limited are actively lobbying Kenyan President William Ruto to secure the contract ...

By Regtech AfricaMarch 24, 20250

Innovation

Nigeria Leads Global Shift Toward Digital Payments as Cash Usage Declines

According to a new report by Worldpay, Nigeria has emerged as the global frontrunner in reducing cash dependency, driven by the widespread adoption ...

By Regtech AfricaMarch 24, 20250

Innovation

Nigeria Unveils $40M Fund to Accelerate Startup Growth Amid Declining Investment

Nigeria, recognized as a leading hub for Africa’s technology ecosystem, is taking strategic steps to support early-stage startups as the sector faces a ...

By Regtech AfricaMarch 24, 20250

Fintech

Nigeria Accelerates Shift to Digital Payments as Cash Transactions Decline by 32% by 2030 – WorldPay Report

Nigeria is experiencing a rapid transition toward digital payments, with cash transactions expected to decrease by 32% by 2030, according to WorldPay’s Global ...

By Regtech AfricaMarch 24, 20250

Fintech

Yango Ventures Unveils $20M Fund to Drive African Startup Growth

Yango Group, a global tech company, has launched Yango Ventures, a corporate venture fund aimed at empowering early-stage startups across sub-Saharan Africa, Latin ...

By Regtech AfricaMarch 22, 20250

Nigeria

Nigeria: Edun and Cardoso Strengthen Fiscal-Monetary Policy Synergy for Economic Stability

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, and the Governor of the Central Bank of Nigeria (CBN), ...

By Regtech AfricaMarch 22, 20250

Fintech

Baobab Nigeria Acquisition Yields 3x Return for Alitheia and Goodwell Investments

Baobab, a global financial services group managing over $900 million in its loan portfolio, has fully acquired its Nigerian subsidiary, Baobab Nigeria. This ...

By Regtech AfricaMarch 22, 20250

Fintech

MoonPay Secures $200 Million Revolving Credit Line from Galaxy to Strengthen Crypto Infrastructure

MoonPay has secured a $200 million revolving credit line from Galaxy, a leading digital asset financial services and investment management firm. This substantial ...

By Regtech AfricaMarch 22, 20250