Nigeria

Nigeria: SEC Mandates Nigerian Offices for Virtual Asset Companies Under New Regulation

In a circular dated June 21, 2024, titled “Framework On Accelerated Regulatory Incubation Program (ARIP) For The Onboarding Of Virtual Assets Service Providers ...

By Regtech AfricaJuly 5, 20240

Africa

Africa: Moroccan Court Fines Maroc Telecom $630 Million for Unfair Competition Practices

In 2016, Inwi filed a complaint with the National Agency of Telecommunications Regulation (ANRT), the regulatory body overseeing Morocco’s telecommunications and postal sectors. ...

By Regtech AfricaJuly 5, 20240

Nigeria

Nigeria: Recapitalization Alone Won’t Ensure Efficient Banking Sector, Experts Say

Amid ongoing efforts to raise minimum capital requirements in line with new regulatory thresholds, experts assert that building a banking sector supportive of ...

By Regtech AfricaJuly 5, 20240

AMA

Hershey makes record payments of up to $600 to Ivorian cocoa farmers through its income accelerator program

ABIDJAN, Côte d’Ivoire, 04 July 2024 -/African Media Agency(AMA)/ Hershey, the American chocolate giant, has reached a major milestone in its quest for more ...

By Regtech AfricaJuly 5, 20240

Nigeria

Nigeria: CBN Urges Fintechs to Enhance Regulations and Stakeholder Engagement

The Central Bank of Nigeria (CBN) has called on financial technology (fintech) firms to adhere to regulations and strengthen engagement with stakeholders to ...

By Regtech AfricaJuly 4, 20240

Egypt

Egypt: Central Bank of Egypt Partners with EBRD on WE Finance Code Initiative to Enhance Women’s Financial Inclusion

The Central Bank of Egypt (CBE) has partnered with the European Bank for Reconstruction and Development (EBRD) to launch the WE Finance Code ...

By Regtech AfricaJuly 4, 20240

Nigeria

Nigeria: POS Agents, SMEs Urged to Meet CAC Registration Deadline

Ahead of the mandatory registration deadline set by the Corporate Affairs Commission (CAC), Michael Nwabufo, the agency’s ambassador, has called on point-of-sale (POS) ...

By Regtech AfricaJuly 4, 20240

Egypt

Telecom Egypt and 4iG Group Partner to Build $600M Modern Fibre Network

Telecom Egypt and 4iG Group are set to finalize the business model, ownership structure, governance processes, and technological details for a $600 million ...

By Regtech AfricaJuly 4, 20240

News

Nigeria: NOVA Bank Begins Operations as a National Commercial Bank

NOVA Bank, previously known as NOVA Merchant Bank, has officially commenced operations as a National Commercial Bank, opening its first commercial banking branch ...

By Regtech AfricaJuly 4, 20240

News

Nigeria’s Prembly Merges with Kenya’s Peleza to Form Prembly Group

Nigeria’s identity verification company, Prembly, has merged with Peleza, an East African background checks and KYB (Know Your Business) company, to form the ...

By Regtech AfricaJuly 4, 20240

Nigeria: SEC Mandates Nigerian Offices for Virtual Asset Companies Under New Regulation

Africa: Moroccan Court Fines Maroc Telecom $630 Million for Unfair Competition Practices

Nigeria: Recapitalization Alone Won’t Ensure Efficient Banking Sector, Experts Say

Hershey makes record payments of up to $600 to Ivorian cocoa farmers through its income accelerator program

Nigeria: CBN Urges Fintechs to Enhance Regulations and Stakeholder Engagement

Egypt: Central Bank of Egypt Partners with EBRD on WE Finance Code Initiative to Enhance Women’s Financial Inclusion

Nigeria: POS Agents, SMEs Urged to Meet CAC Registration Deadline

Telecom Egypt and 4iG Group Partner to Build $600M Modern Fibre Network

Nigeria: NOVA Bank Begins Operations as a National Commercial Bank

Nigeria’s Prembly Merges with Kenya’s Peleza to Form Prembly Group

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