News

Nigeria: FCCPC to proceed with criminal prosecution of online money lenders

The Federal Competition and Consumer Protection Commission (FCCPC) has announced that due to the ongoing investigation of unregistered loan apps and harassment of ...

By Regtech AfricaApril 6, 20220

Global

Global: Sri Lanka central bank governor submits resignation amid crisis

The governor of Sri Lanka’s central bank says he has submitted his resignation as the country faces its worst economic crisis in decades. ...

By Regtech AfricaApril 5, 20220

Africa

Africa: Wema Bank selects Union Systems for their International Trade Finance Automation

Union Systems Limited, Africa’s leading trade finance company, partners with Wema Bank Plc to automate its trade finance operations. The bank selected Union ...

By Regtech AfricaApril 5, 20220

Africa

Africa: Equinix Enters Africa, Closing the US$320 Million Acquisition of MainOne

Acquisition signals the first step in Equinix’s long-term strategy to become a leading African carrier-neutral digital infrastructure company, enabling organizations to accelerate digital ...

By Regtech AfricaApril 5, 20220

Africa

Africa: UPS Partners Jumia to Expand Logistics Services in Africa

Jumia and UPS announced today a partnership giving UPS access to Jumia’s last-mile logistics capabilities and infrastructure to grow its delivery services in Africa. Leveraging ...

By Regtech AfricaApril 5, 20220

Global

PwC: More Than 80% of Central Banks Are Considering Launching a CBDC

The vast majority of central banks are considering launching a central bank digital currency (CBDC), according to analysts at accounting firm PwC. “CBDCs ...

By Regtech AfricaApril 5, 20220

Global

Global: Metaverse Economy Estimated to Hit $13trn

A global investment company, Citi, is the latest banking behemoth to give an optimistic forecast for the metaverse, which envisions the internet’s future ...

By Regtech AfricaApril 5, 20220

Egypt

Egypt: Telecom Egypt announces Egypt’s first open access Internet Exchange

Telecom Egypt, and AMS-IX, one of the largest subsea cables operators in the region have announced the launch of EG-IX, the first open access ...

By Regtech AfricaApril 5, 20220

Kenya

Kenya: CBK sees current account deficit rising to 5.9 percent

The Central Bank of Kenya (CBK) has revised its projection of this year’s current account deficit to 5.9 percent of GDP from 5.2 ...

By Regtech AfricaApril 5, 20220

News

Nigeria: Digital Identity Firms Launch ADVSP – Association of Data Verification Service Providers in Nigeria

Companies within the digital identity industry in Nigeria have announced the launch of the Association of Data Verification Service Providers (ADVSP). The Association’s ...

By Regtech AfricaApril 5, 20220

Nigeria: FCCPC to proceed with criminal prosecution of online money lenders

Global: Sri Lanka central bank governor submits resignation amid crisis

Africa: Wema Bank selects Union Systems for their International Trade Finance Automation

Africa: Equinix Enters Africa, Closing the US$320 Million Acquisition of MainOne

Africa: UPS Partners Jumia to Expand Logistics Services in Africa

PwC: More Than 80% of Central Banks Are Considering Launching a CBDC

Global: Metaverse Economy Estimated to Hit $13trn

Egypt: Telecom Egypt announces Egypt’s first open access Internet Exchange

Kenya: CBK sees current account deficit rising to 5.9 percent

Nigeria: Digital Identity Firms Launch ADVSP – Association of Data Verification Service Providers in Nigeria

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