News

Nigeria: UBA to terminate $500 million Eurobond early ahead of fresh debt offering

United Bank for Africa (UBA) will invite interests from holders of its $500 million Eurobond due for maturity in 2022 for redemption ahead of ...

By Regtech AfricaNovember 9, 20210

Kenya

Kenya: Central Bank suspends CRB listing of loans under Sh5 million

Borrowers defaulting on loans of less than Sh5 million will not be blacklisted at the credit reference bureaus (CRBs) while those already blacklisted ...

By Regtech AfricaNovember 9, 20210

News

Nigeria: CBN says foreign currency deposit by banks reduced significantly in 2020

The Central Bank of Nigeria (CBN) stated that it recorded a significant reduction in foreign exchange deposits by Deposit Money Banks (DMBs) due ...

By Regtech AfricaNovember 9, 20210

Innovation

Zimbabwe may be the next country to embrace Bitcoin as legal tender

Zimbabwe is currently engaged in consultations regarding growing interest in crypto and the potential risks. Zimbabwe has been paying attention to the increasing ...

By Regtech AfricaNovember 9, 20210

Africa

IFC Partners with Liquid Intelligent Technologies to Boost Africa’s Digital Infrastructure

IFC’s latest investment in Liquid follows its investment in the company in February 2021 through Liquid’s bond placement on Euronext Dublin, Ireland’s main ...

By Regtech AfricaNovember 8, 20210

News

Tanzania: Insurance Sector Set for Reforms As New Policy Is in Offing

Tanzanian new national insurance policy may be ready next year, a move which is expected to bring reforms in the sector to enable ...

By Regtech AfricaNovember 8, 20210

Africa

Angola: World Bank Vice Presidents in Angola for New Partnerships

The World Bank Regional Vice-President for Eastern and Southern Africa, Hafez Ghanem, arrives in Angola on the 8th of this month, for a ...

By Regtech AfricaNovember 8, 20210

Ghana

Ghana: Market Conditions Stop Eurobond Plan, Local Bond Yields Peak

Ghana’s effective loss of access to international markets increases risks to its ability to meet medium-term financing needs, says Fitch Ratings. The government ...

By Regtech AfricaNovember 8, 20210

Global

Visa’s Cybersource joins IATA’s Financial Gateway

US-based Cybersource, Visa’s global payment and fraud management platform has partnered with IATA’s (International Air Transport Association) Financial Gateway to improve airline payment efficiency. The ...

By Regtech AfricaNovember 8, 20210

Kenya

Kenya: Absa loses Supreme Court push in credit card royalties tax duel

Absa Bank has lost a bid to challenge a decision of the Court of Appeal allowing the Kenya Revenue Authority (KRA) to collect a ...

By Regtech AfricaNovember 8, 20210

Nigeria: UBA to terminate $500 million Eurobond early ahead of fresh debt offering

Kenya: Central Bank suspends CRB listing of loans under Sh5 million

Nigeria: CBN says foreign currency deposit by banks reduced significantly in 2020

Zimbabwe may be the next country to embrace Bitcoin as legal tender

IFC Partners with Liquid Intelligent Technologies to Boost Africa’s Digital Infrastructure

Tanzania: Insurance Sector Set for Reforms As New Policy Is in Offing

Angola: World Bank Vice Presidents in Angola for New Partnerships

Ghana: Market Conditions Stop Eurobond Plan, Local Bond Yields Peak

Visa’s Cybersource joins IATA’s Financial Gateway

Kenya: Absa loses Supreme Court push in credit card royalties tax duel

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