Regulatory

SA: Government to open up spectrum trading in South Africa

Communications minister Khumbudzo Ntshavheni has published a draft policy document that has proposed allowing for the trading of radio frequency spectrum in South Africa. ...

By Regtech AfricaSeptember 11, 20220

News

SA: Naspers set to offload R132-billion Tencent stake?

Tencent Holdings shares worth US$7.6 billion (R132-billion) appeared in Hong Kong’s clearing and settlement system, spurring speculation that a large stakeholder is gearing ...

By Regtech AfricaSeptember 11, 20220

Global

Global: Payments Firm Bolt Scraps Deal to Acquire Crypto Company Wyre

California-based online payments company Bolt is pulling out of an agreement to buy crypto provider Wyre. The news of the scrapped deal, which ...

By Regtech AfricaSeptember 11, 20220

Egypt

Egypt: B2B e-commerce startup Capiter removes co-founders for “inability to fulfill duties”

Stepping up to the plate is Majid El Ghazouli, Capiter’s CFO, who will act as interim CEO until the Nouh brothers “return and ...

By Regtech AfricaSeptember 10, 20220

Africa

Africa: Blockchain Payments startup Bitmama secures $2m Pre-seed to Grow its Operation in New Markets

US and African-based blockchain payments startup Bitmama Inc. have raised an additional $1.65 million, bringing its total pre-seed round to about $2 million. ...

By Regtech AfricaSeptember 10, 20220

News

Tanzania: Boomplay strikes deal with Tanzanian telco Tigo

Tanzanian telecommunications company Tigo has entered into a partnership with Boomplay to give its customers more access to music via the Africa-facing streaming platform. Representatives from ...

By Regtech AfricaSeptember 10, 20220

Ethopia

Ethopia: IFC buys Sh19.2bn stake in Safaricom Ethiopia

Safaricom and its partners in the Ethiopian venture will see their combined stake drop by up to 15.5 percent after the International Finance ...

By Regtech AfricaSeptember 10, 20220

Global

Global: Australian Police Creates Crypto Forensic Unit

A cryptocurrency forensic unit has been launched by the Australian Federal Police (AFP) to address crimes around cryptocurrency and money laundering. According to ...

By Regtech AfricaSeptember 10, 20220

News

Nigeria: NITDA Boss Canvasses Support for Nigeria’s Data Centre

The Director General, National Information Technology Development Agency (NITDA), Kashifu Inuwa, has urged Amazon to consider investing in the data center in Nigeria ...

By Regtech AfricaSeptember 10, 20220

GCR Maintains UBA's Robust Ratings with a Stable Outlook

Nigeria

Nigeria: UBA Bolsters Earnings Performance, Profit Jumps to N70bn

United Bank for Africa (UBA Plc bolstered earnings performance in the first half of the financial year 2022, according to regulatory filling, top ...

By Regtech AfricaSeptember 10, 20220

SA: Government to open up spectrum trading in South Africa

SA: Naspers set to offload R132-billion Tencent stake?

Global: Payments Firm Bolt Scraps Deal to Acquire Crypto Company Wyre

Egypt: B2B e-commerce startup Capiter removes co-founders for “inability to fulfill duties”

Africa: Blockchain Payments startup Bitmama secures $2m Pre-seed to Grow its Operation in New Markets

Tanzania: Boomplay strikes deal with Tanzanian telco Tigo

Ethopia: IFC buys Sh19.2bn stake in Safaricom Ethiopia

Global: Australian Police Creates Crypto Forensic Unit

Nigeria: NITDA Boss Canvasses Support for Nigeria’s Data Centre

Nigeria: UBA Bolsters Earnings Performance, Profit Jumps to N70bn

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