Global

Global: European Commission sued for violating EU’s data protection rules

The European Commission is to face a lawsuit over allegations it is violating its own data protection rules when transferring citizens’ personal data ...

By Regtech AfricaJuly 20, 20220

News

Uganda: Airtel Uganda Appoints Four Women To Executive Roles

Airtel Uganda has appointed Jacqueline Kyomuhendo, Noela Byuma, Joweria Nabakka, and Connie Nankya to executive positions in appointments announced over the weekend. Jacqueline ...

By Regtech AfricaJuly 20, 20220

Nigeria

Nigeria: DeFi company, Stakefair, secures US$670k pre-seed to launch its business

Stakefair, a Decentralized Finance (DeFi) company has launched after securing US$670,000 pre-seed funding. Investors involved in the round include Adaverse, Nestcoin, Kepple Africa Ventures, Canza ...

By Regtech AfricaJuly 20, 20220

Global

Global: Colombia Advances Regulatory Framework for Local Crypto Industry

The South American nation is inching toward a future where banks and crypto exchanges work together. Colombia’s government has released draft rules for ...

By Regtech AfricaJuly 20, 20220

Global

Global: Amazon Sues Over 10,000 Facebook Group Admins Over Fake Reviews

Amazon has filed a lawsuit against administrators of over 10,000 Facebook groups that coordinate cash or goods for buyers willing to post bogus ...

By Regtech AfricaJuly 20, 20220

Kenya

Kenya: Ping Express’ CEO and COO Imprisoned for Money Laundering

Ping Express’ CEO Anslem Oshionebo and COO Opeyemi Ode have both received a combined 8 years in US Federal prison for money laundering. ...

By Regtech AfricaJuly 20, 20220

Global

Global: Paraguayan Senate Approves Cryptocurrency Bill

The Paraguayan Senate has approved a bill that seeks to regulate cryptocurrencies and their operations in the country. The bill, which had already ...

By Regtech AfricaJuly 20, 20220

News

Nigeria: CBN Raises Interest Rate from 13% to 14%

The Central Bank of Nigeria (CBN), Tuesday, raised the Monetary Policy Rate (MPR) from 13 percent to 14 percent amid continued inflationary pressure occasioned by ...

By Regtech AfricaJuly 20, 20220

Global

Global: Apple sued over Apple Pay payment system

The tech giant is being accused of using its market power in the mobile phone industry to fend off competition from other payment ...

By Regtech AfricaJuly 20, 20220

News

South Africa: South Africa’s Competition Commission approves SEACOM and EOH deal

South Africa’s Competition Commission, has approved pan-African telecommunications provider SEACOM Group’s acquisition of EOH Network Solutions (EOH-NS) and Hymax, divisions of iOCO, the ...

By Regtech AfricaJuly 20, 20220

Global: European Commission sued for violating EU’s data protection rules

Uganda: Airtel Uganda Appoints Four Women To Executive Roles

Nigeria: DeFi company, Stakefair, secures US$670k pre-seed to launch its business

Global: Colombia Advances Regulatory Framework for Local Crypto Industry

Global: Amazon Sues Over 10,000 Facebook Group Admins Over Fake Reviews

Kenya: Ping Express’ CEO and COO Imprisoned for Money Laundering

Global: Paraguayan Senate Approves Cryptocurrency Bill

Nigeria: CBN Raises Interest Rate from 13% to 14%

Global: Apple sued over Apple Pay payment system

South Africa: South Africa’s Competition Commission approves SEACOM and EOH deal

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