Ghana

Ghana: Average lending rate hits 31.40% in October 2022 – BoG

Average lending rates of commercial banks hit 31.40% per annum as of the end of October 2022, the Bank of Ghana’s November 2022 ...

By Regtech AfricaNovember 27, 20220

Africa

Africa: BIS Report on CBDC Highlight Improved Payment Systems, Others as Motivation For CB’s

A recent study by the Bank for International Settlements has observed that Central Banks are motivated to develop a digital currency, to allow ...

By Regtech AfricaNovember 26, 20220

News

Nigeria: NGX, IFC Sign MoU to Deepened Green Bond Sustainability in Nigerian Capital Markets

Nigerian Exchange Limited (NGX) and International Finance Corporation (IFC), have signed a Memorandum of Understanding (MoU) to further deepened green bond sustainability in ...

By Regtech AfricaNovember 26, 20220

South Africa

SA: Revio Raises $1.1 million to Solve Payments Challenge in Emerging Markets

API payment and collections company Revio has closed a $1.1 million seed funding round led by SpeedInvest. The funding will be used to ...

By Regtech AfricaNovember 26, 20220

News

Nigeria: ICT contributed 15.35% to Nigeria’s real GDP in Q3 2022

Activities in the Nigerian Information and Communications Technology (ICT) sector contributed 15.35% to the country’s real Gross Domestic Product (GDP) in Q3 2022. ...

By Regtech AfricaNovember 26, 20220

Ghana

Ghana: AirtelTigo Launches eSIM Service in Ghana for Its Customers

Telecom network operator AirtelTigo has introduced an Embedded SIM (eSIM) service in Ghana. Users with eSIM-compatible phones like the iPhone will no longer require physical SIM cards, ...

By Regtech AfricaNovember 26, 20220

Global

Global: Bank Negara issues exposure draft on licensing and regulatory framework for DITOs

Bank Negara Malaysia (BNM) issued the exposure draft on Licensing and Regulatory Framework for Digital Insurers and Takaful Operators (DITOs) for written feedback ...

By Regtech AfricaNovember 26, 20220

Global

Global: Government of India Drafts A New Law To Avoid Fake Reviews on E-Commerce Platforms

To make online engagement and e-commerce more real and less deceptive for customers, the Government of India initiated a campaign against bogus reviews ...

By Regtech AfricaNovember 26, 20220

Global

Global: ING strengthens money laundering controls after AUSTRAC probe

Dutch bank ING will strengthen its anti-money-laundering and counter-terrorism financing systems in line with an enforceable undertaking given to financial crime regulator AUSTRAC. ...

By Regtech AfricaNovember 26, 20220

News

SA: Treasury notes Fitch’s BB- rating for South Africa

Treasury said it had noted rating agency Fitch’s decision to affirm South Africa’s long-term foreign and local currency debt ratings at BB- and ...

By Regtech AfricaNovember 26, 20220

Ghana: Average lending rate hits 31.40% in October 2022 – BoG

Africa: BIS Report on CBDC Highlight Improved Payment Systems, Others as Motivation For CB’s

Nigeria: NGX, IFC Sign MoU to Deepened Green Bond Sustainability in Nigerian Capital Markets

SA: Revio Raises $1.1 million to Solve Payments Challenge in Emerging Markets

Nigeria: ICT contributed 15.35% to Nigeria’s real GDP in Q3 2022

Ghana: AirtelTigo Launches eSIM Service in Ghana for Its Customers

Global: Bank Negara issues exposure draft on licensing and regulatory framework for DITOs

Global: Government of India Drafts A New Law To Avoid Fake Reviews on E-Commerce Platforms

Global: ING strengthens money laundering controls after AUSTRAC probe

SA: Treasury notes Fitch’s BB- rating for South Africa

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