Egypt

Egypt’s MoneyFellows Secures $13M to Scale Digital Money Circles and Advance Inclusive Finance

Egyptian fintech innovator MoneyFellows has raised $13 million in a pre-Series C funding round to expand its mobile-based platform that digitizes traditional money ...

By Regtech AfricaMay 6, 20250

Fintech

PayPal Debuts Contactless Mobile Wallet in Germany, Expands Pay Later to Physical Retail

PayPal has unveiled a groundbreaking mobile wallet solution in Germany, marking a global first for the fintech giant as it expands its footprint ...

By Regtech AfricaMay 6, 20250

Innovation

Nigeria Joins Asian Infrastructure Investment Bank to Accelerate Economic and Infrastructure Reforms

The Federal Executive Council (FEC) has approved Nigeria’s full membership in the Asian Infrastructure Investment Bank (AIIB) as a non-regional member, signaling a ...

By Regtech AfricaMay 6, 20250

Innovation

Airtel Africa, SpaceX Forge Strategic Alliance to Expand Starlink’s High-Speed Internet Across Africa

Airtel Africa has announced a strategic partnership with SpaceX to roll out Starlink’s high-speed satellite internet services across the continent, marking a pivotal ...

By Regtech AfricaMay 6, 20250

Fintech

Mastercard and Tamkeen to Launch Mastercard Strive for SME Digital Empowerment in Bahrain

In a bold move to bolster small business resilience and economic inclusion, Mastercard’s Center for Inclusive Growth has partnered with Bahrain’s Labour Fund ...

By Regtech AfricaMay 5, 20250

Nigeria

NDDC Alerts Public to Fraudulent Scholarship Scams Exploiting Nigerians

The Niger Delta Development Commission (NDDC) has issued a stern warning to Nigerians about the rising threat of fraudulent scholarship schemes targeting unsuspecting ...

By Regtech AfricaMay 5, 20250

Fintech

LemFi’s $53M Series B Powers 29x Exit for Silverbacks Holdings, Reinforces Investor Confidence in Nigerian Fintech

LemFi, a fast-growing Nigerian cross-border remittance platform, made headlines with its $53 million Series B raise in January 2025—an event that also marked ...

By Regtech AfricaMay 5, 20250

Nigeria

Meta Threatens to Suspend Facebook and Instagram in Nigeria Amid $300M Regulatory Dispute

Meta Platforms Inc., the parent company of Facebook and Instagram, has issued a stark warning that it may be forced to cease operations ...

By Regtech AfricaMay 5, 20250

Africa

AfDB Unveils $2.95 Billion Strategic Investment Plan to Support Nigeria’s Economic Transformation

The African Development Bank (AfDB) has unveiled a bold new five-year Country Strategy Paper (CSP) for Nigeria, committing $2.95 billion to advance the ...

By Regtech AfricaMay 5, 20250

News

CBN Licenses Preferred Finance Company to Advance MSME Access to Credit

In a move aimed at deepening Nigeria’s financial inclusion and expanding access to credit for underserved enterprises, the Central Bank of Nigeria (CBN) ...

By Regtech AfricaMay 5, 20250

Egypt’s MoneyFellows Secures $13M to Scale Digital Money Circles and Advance Inclusive Finance

PayPal Debuts Contactless Mobile Wallet in Germany, Expands Pay Later to Physical Retail

Nigeria Joins Asian Infrastructure Investment Bank to Accelerate Economic and Infrastructure Reforms

Airtel Africa, SpaceX Forge Strategic Alliance to Expand Starlink’s High-Speed Internet Across Africa

Mastercard and Tamkeen to Launch Mastercard Strive for SME Digital Empowerment in Bahrain

NDDC Alerts Public to Fraudulent Scholarship Scams Exploiting Nigerians

LemFi’s $53M Series B Powers 29x Exit for Silverbacks Holdings, Reinforces Investor Confidence in Nigerian Fintech

Meta Threatens to Suspend Facebook and Instagram in Nigeria Amid $300M Regulatory Dispute

AfDB Unveils $2.95 Billion Strategic Investment Plan to Support Nigeria’s Economic Transformation

CBN Licenses Preferred Finance Company to Advance MSME Access to Credit

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