Kenya

Kenya: Treasury overdraft in CBK hits Sh67.33bn as cash crunch bites

The Treasury has increased the use of emergency loan facilities at the central bank to fund critical government expenditures, pointing to biting cash ...

By Regtech AfricaNovember 24, 20220

News

Nigeria: We’ll make withdrawal of huge cash unattractive – Emefiele

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says with the introduction of the redesigned Naira notes, no individual or organisatiin ...

By Regtech AfricaNovember 24, 20220

Innovation

Kenya: Copia Global Announces Partnership with Cellulant to Enable Payments for its Diaspora and Urban Customers

This partnership enables Copia’s diaspora and urban customers to conveniently initiate transactions and purchases for their loved ones in rural areas in Kenya ...

By Regtech AfricaNovember 23, 20220

Nigeria

Nigeria: Nigerian female-led fintech closes $2 million in a seed round

Pivo, a fintech firm run by women in Nigeria, has closed a $2 million seed investment round to improve supply chain transaction management ...

By Regtech AfricaNovember 23, 20220

Egypt

Egypt: Grinta Egyptian fintech company receives $8M in seed funding.

A digital pharmaceutical platform called Grinta, based in Cairo, has raised a $8 million seed round that was jointly led by Raed Ventures ...

By Regtech AfricaNovember 23, 20220

News

Nigeria: CBN Hikes Interest Rate to 16.5%

As inflation fighting gets dirty, the Central Bank of Nigeria’s (CBN) monetary policy committee has adopted a consensus to raise its benchmark interest ...

By Regtech AfricaNovember 23, 20220

News

Uganda: Equity Bank Uganda Appoints Anthony Kituuka As New Md

Equity Bank Uganda Limited has announced the appointment of Mr. Anthony Kituuka as the new Managing Director with immediate effect. Prior to his ...

By Regtech AfricaNovember 23, 20220

Ghana

Ghana: Cedi will continue depreciation into first quarter of 2023

Fitch Solutions has projected that Ghana’s cedi will continue to depreciate until the first quarter of 2023. According to the international research firm, ...

By Regtech AfricaNovember 23, 20220

Ghana

Ghana: Importers and Exporters Association reacts to BoG’s withdrawal of FX support

The Importers and Exporters Association has hinted at possible food shortage following the Bank of Ghana (BoG)’s decision to withdraw foreign exchange support for the importation of ...

By Regtech AfricaNovember 23, 20220

Global

Global: The Reserve Bank of India to launch a retail CBDC pilot in December

The digital rupee is intended as a supplement to the current payment system and not its replacement. Having tested the wholesale usage of ...

By Regtech AfricaNovember 23, 20220

Kenya: Treasury overdraft in CBK hits Sh67.33bn as cash crunch bites

Nigeria: We’ll make withdrawal of huge cash unattractive – Emefiele

Kenya: Copia Global Announces Partnership with Cellulant to Enable Payments for its Diaspora and Urban Customers

Nigeria: Nigerian female-led fintech closes $2 million in a seed round

Egypt: Grinta Egyptian fintech company receives $8M in seed funding.

Nigeria: CBN Hikes Interest Rate to 16.5%

Uganda: Equity Bank Uganda Appoints Anthony Kituuka As New Md

Ghana: Cedi will continue depreciation into first quarter of 2023

Ghana: Importers and Exporters Association reacts to BoG’s withdrawal of FX support

Global: The Reserve Bank of India to launch a retail CBDC pilot in December

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