News

Zimbabwe hikes key interest rate to 60% to halt currency plunge

Zimbabwe’s dollar has plunged on the parallel market to about Z$180 per US dollar, more than double the official exchange rate of Z$88.55. ...

By Regtech AfricaOctober 30, 20210

Global

BofA launches Account Validation service

Bank of America has rolled out a fraud prevention service for corporate and public sector clients making payments in the US. Prior to ...

By Regtech AfricaOctober 30, 20210

South Africa

South Africa-based fintech firm Stitch expands to Nigeria after raising $2m funding

South Africa-based application programming interface (API) fintech company, Stitch announced plans to expand to Nigeria after raising a $2 million seed extension. The ...

By Regtech AfricaOctober 30, 20210

Africa

Standard Bank Group Selects Flutterwave to Drive Digital Transformation Efforts Across Africa

Standard Bank customers in eight African countries to enjoy enhanced digital payments experience in partnership with Flutterwave Standard Bank, Africa’s largest bank by ...

By Regtech AfricaOctober 30, 20210

Nigeria

Nigeria: Loans to Deposit Policy Drives Credit Growth by N6.63Trn –CBN

The Central bank of Nigeria (CBN) has said that its 65% loan to deposit policy pushed credit into the real sector of the ...

By Regtech AfricaOctober 30, 20210

Kenya

Kenya: Airtel drags regulators into Safaricom battle

Airtel Networks Kenya, which is eyeing a bigger stake in Kenya’s telecoms industry, has accused the Communications Authority of Kenya (CA) of allegedly ...

By Regtech AfricaOctober 30, 20210

News

No Plans to Make US Dollar Sole Currency, Zimbabwean Finance Minister Calls Idea ‘Suicidal’

The Zimbabwean Finance Minister, Mthuli Ncube, recently told business leaders that he is not planning to make the U.S. dollar the country’s sole ...

By Regtech AfricaOctober 30, 20210

Global

Oracle and Orange Announce Joint Intention to Strengthen Digital Infrastructure in West Africa

Collaboration aims to accelerate cloud adoption in one of the continent’s fastest-growing regions Oracle and Orange (www.Orange.com) today announced that they have signed ...

By Regtech AfricaOctober 29, 20210

Global

Mastercard to introduce special cards for the visually impaired people

US-based payment processing company Mastercard has launched an accessible card standard designed to help partially sighted and blind people, called the Touch Card. As most ...

By Regtech AfricaOctober 29, 20210

Africa

Namibia: Govt Says SIM Card Registration Will Curb Crime

The Namibian government has confirmed that a plan to force people to register their identity when buying cell phone SIM cards is, among ...

By Regtech AfricaOctober 29, 20210

Zimbabwe hikes key interest rate to 60% to halt currency plunge

BofA launches Account Validation service

South Africa-based fintech firm Stitch expands to Nigeria after raising $2m funding

Standard Bank Group Selects Flutterwave to Drive Digital Transformation Efforts Across Africa

Nigeria: Loans to Deposit Policy Drives Credit Growth by N6.63Trn –CBN

Kenya: Airtel drags regulators into Safaricom battle

No Plans to Make US Dollar Sole Currency, Zimbabwean Finance Minister Calls Idea ‘Suicidal’

Oracle and Orange Announce Joint Intention to Strengthen Digital Infrastructure in West Africa

Mastercard to introduce special cards for the visually impaired people

Namibia: Govt Says SIM Card Registration Will Curb Crime

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