Global

Global: German central bank warns against excessive application of Russian sanctions

“We see here and there that sanctions are being over-fulfilled,’’ central bank board member Joachim Wuermeling told financial daily Handelsblatt on Wednesday. Germany’s ...

By Regtech AfricaApril 7, 20220

Global

Global: Sri Lanka central bank to get new governor amid economic crisis

Sri Lanka’s central bank is set to name a new chief, as the nation faces its worst economic crisis in over 70 years. ...

By Regtech AfricaApril 7, 20220

Global

Global: FCA allows crypto firms to trade past licensing deadline

The Financial Conduct Authority (FCA) has allowed several cryptocurrency companies to continue trade past a licensing deadline as it continues to assess applications. Under the ...

By Regtech AfricaApril 6, 20220

Global

Global: Worldline completes deal for controlling stake in ANZ’s merchant acquiring business

Worldline has closed a A$485 million deal to acquire a controlling stake in the commercial acquiring business of ANZ, Australia’s third largest acquirer ...

By Regtech AfricaApril 6, 20220

Nigeria

Nigeria: Nigerian ed-tech startup Klas raises $130k angel funding round

Nigerian ed-tech startup Klas, which allows anyone to set up an online school and deliver live classes, has raised a US$130,000 angel funding ...

By Regtech AfricaApril 6, 20220

Innovation

Nigeria: Ziroopay Raises $11.4M, Provides POS Solutions For Retailers In Nigeria

Developer of mobile POS payment systems designed to facilitate mobile payments, Ziroopay has raised $11.4 million to scale its mobile POS solutions for ...

By Regtech AfricaApril 6, 20220

Global

Global: Indonesian Government Sets Crypto Tax at 0.1% to Be Levied Starting in May

The Indonesian government has decided to tax capital gains income from crypto investments at 0.1% starting in May. In addition, value-added tax (VAT) of ...

By Regtech AfricaApril 6, 20220

News

Zambia: Zambia Rated ‘RD’ for Failing to Meet Obligations

Fitch Ratings has affirmed Zambia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘RD’ – restricted default, indicating that the country has defaulted on ...

By Regtech AfricaApril 6, 20220

News

Rwanda: Bank of Kigali Named Best Bank in Rwanda

Bank of Kigali has been recognised as the best bank in Rwanda for the second consecutive year by Global Finance, an international magazine ...

By Regtech AfricaApril 6, 20220

Egypt

Egypt: Egyptian e-grocery marketplace ON Market raises $215k pre-seed funding

Egyptian e-grocery marketplace ON Market has raised US$215,000 in pre-seed funding to further expand its operations in Cairo, Alexandria, Tanta, Mansoura, and multiple ...

By Regtech AfricaApril 6, 20220

Global: German central bank warns against excessive application of Russian sanctions

Global: Sri Lanka central bank to get new governor amid economic crisis

Global: FCA allows crypto firms to trade past licensing deadline

Global: Worldline completes deal for controlling stake in ANZ’s merchant acquiring business

Nigeria: Nigerian ed-tech startup Klas raises $130k angel funding round

Nigeria: Ziroopay Raises $11.4M, Provides POS Solutions For Retailers In Nigeria

Global: Indonesian Government Sets Crypto Tax at 0.1% to Be Levied Starting in May

Zambia: Zambia Rated ‘RD’ for Failing to Meet Obligations

Rwanda: Bank of Kigali Named Best Bank in Rwanda

Egypt: Egyptian e-grocery marketplace ON Market raises $215k pre-seed funding

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