News

Nigeria: FIRS, MultiChoice settle $4.4b tax dispute

The Federal Inland Revenue Service (FIRS) and MultiChoice Group Limited, Africa’s biggest pay-TV provider, yesterday agreed to an out-of-court settlement on the $4.4 ...

By Regtech AfricaMarch 11, 20220

Africa

Senegal: Smart Africa and Network of African Data Protecion Authorities (NADPA) signed an Memorandum of Understanding (MOU) to advance the enforcement and harmonization of personal data protection laws in Africa

It is in line with initiatives to make Africa a safe and enabling space for digital transformation The Smart Africa Alliance (SA) (www.SmartAfrica.org) ...

By Regtech AfricaMarch 11, 20220

Africa

Madagascar: Orange and the German Development Cooperation inaugurate in Madagascar the 9th Orange Digital Center in Africa and the Middle East, to train young people in digital technology and enhance their employability

The goal is to fulfil their shared vision, fostering youth employability while supporting sustainable growth and the country’s digital transformation Today, Orange (www.Orange.com) ...

By Regtech AfricaMarch 11, 20220

Global

Global: MAS issues AML/CFT Notice for financial institutions

The Monetary Authority of Singapore (MAS) has issued a new notice and other various revised notices applicable to financial institutions and variable capital companies (VCCs). ...

By Regtech AfricaMarch 10, 20220

Kenya

Kenya: Tough Times for Borrowers as CBK Approves Banks’ Request on Loans

Borrowers are set to feel the pinch after the Central Bank of Kenya (CBK) started the process of approving banks’ requests to raise the ...

By Regtech AfricaMarch 10, 20220

News

Standard Chartered leads international bank syndicate in green trade finance facility

Standard Chartered has led a syndicate of banks – which includes Nordea, ING, and Citi in the successful execution of a EUR 350 million uncommitted green trade finance ...

By Regtech AfricaMarch 10, 20220

Nigeria

Nigeria: Ghanaian e-commerce startup Tendo launches in Nigeria with heavyweight backing

Ghanaian startup Tendo, which enables anyone to sell online with zero upfront inventory, has launched in Nigeria after securing the backing of heavyweights ...

By Regtech AfricaMarch 10, 20220

Nigeria

Nigeria: Nigerian Financial Super-App, YEP!, Raises $1.5m in Pre-Seed Funding

Yep!, a financial super-app, has raised $1.5 million in a pre-seed funding round led by Greenhouse Capital as the company launches its revolutionary ...

By Regtech AfricaMarch 10, 20220

Egypt

Egypt: Telecom Egypt sees 74% net profit in 2021

Egypt’s primary telephone company Telecom Egypt, recorded strong operational performance which has driven the telco’s net profits to an annual increase of 74 ...

By Regtech AfricaMarch 10, 20220

Africa

Africa: MTN Fintech unit seeks investors

MTN targets developing this unit, with Nigeria producing up to a third of the group’s business, building a firm foundation in Nigeria’s market ...

By Regtech AfricaMarch 10, 20220

Nigeria: FIRS, MultiChoice settle $4.4b tax dispute

Senegal: Smart Africa and Network of African Data Protecion Authorities (NADPA) signed an Memorandum of Understanding (MOU) to advance the enforcement and harmonization of personal data protection laws in Africa

Madagascar: Orange and the German Development Cooperation inaugurate in Madagascar the 9th Orange Digital Center in Africa and the Middle East, to train young people in digital technology and enhance their employability

Global: MAS issues AML/CFT Notice for financial institutions

Kenya: Tough Times for Borrowers as CBK Approves Banks’ Request on Loans

Standard Chartered leads international bank syndicate in green trade finance facility

Nigeria: Ghanaian e-commerce startup Tendo launches in Nigeria with heavyweight backing

Nigeria: Nigerian Financial Super-App, YEP!, Raises $1.5m in Pre-Seed Funding

Egypt: Telecom Egypt sees 74% net profit in 2021

Africa: MTN Fintech unit seeks investors

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