Global

Global: UAE affirms commitment to strengthening anti-money laundering efforts

The Financial Action Task Force (FATF) has recognised that the United Arab Emirates has made positive progress in its anti-money laundering (AML), countering ...

By Regtech AfricaMarch 6, 20220

Global

Bank of Israel: Adoption of CBDC Will Not Materially Affect the Banking System

Israel’s central bank says the public’s adoption of the digital shekel is not expected “to materially affect the banking system.” The bank, however, ...

By Regtech AfricaMarch 6, 20220

News

Nigeria: FCMB appoints Odeghe ED

First City Monument Bank (FCMB) yesterday announced the appointment of Obaro Odeghe as Executive Director, Wholesale Banking. This follows the approval of the ...

By Regtech AfricaMarch 6, 20220

Egypt

Egypt: Egyptian legal ed-tech startup Kouncel raises $1.2m pre-seed funding

Egyptian legal ed-tech startup Kouncel has raised a US$1.2 million pre-seed funding round to help it scale. Founded this year by Ibrahim Saleh, Kouncel is ...

By Regtech AfricaMarch 6, 20220

News

Nigeria: NIMC’s Enrolment Figure Hits 75.36m in February as Lagos Leads in Enrolment with Over 8.7m

The Nation wide National Identification Number (NIN) enrolment figures of the National Identity Management Commission (NIMC), as at February 21, 2022, stood at ...

By Regtech AfricaMarch 6, 20220

Africa

Africa: MTN, Rakuten ink deal to trial 4G and 5G OpenRAN in SA, Nigeria and Liberia

MTN Group and Rakuten Symphony have signed a Memorandum of Understanding (MoU) to conduct live 4G and 5G OpenRAN Proof of Concept (PoC) trials in ...

By Regtech AfricaMarch 6, 20220

Ghana

Ghana: New license for Paystack Ghana

The license agreement would open the whole Paystack experience to Ghana. They ensure that merchants and all users on Paystack would enjoy better ...

By Regtech AfricaMarch 6, 20220

News

Nigeria: AfDB approved $544 million in loan financing for Nigeria in 2021

Lamin Barrow, the Director-General, Nigeria Country Department of the African Development Bank (AfDB) has said that the bank approved $544 million in loan ...

By Regtech AfricaMarch 6, 20220

Egypt

Egypt: Egyptian logistics startup Milezmore raises $5m pre-seed round from Brimore

Egyptian startup Milezmore, which provides cloud fulfillment, last mile delivery, and customisable operations solutions, has raised US$5 million in pre-seed funding from social ...

By Regtech AfricaMarch 5, 20220

News

Rwanda: Rwanda May Not Reach Decision on CBDC Issuance Until End of 2022 — Central Bank Official

The Rwandan central bank may not know whether it can issue a digital currency until December 2022, when it completes a study that ...

By Regtech AfricaMarch 5, 20220

Global: UAE affirms commitment to strengthening anti-money laundering efforts

Bank of Israel: Adoption of CBDC Will Not Materially Affect the Banking System

Nigeria: FCMB appoints Odeghe ED

Egypt: Egyptian legal ed-tech startup Kouncel raises $1.2m pre-seed funding

Nigeria: NIMC’s Enrolment Figure Hits 75.36m in February as Lagos Leads in Enrolment with Over 8.7m

Africa: MTN, Rakuten ink deal to trial 4G and 5G OpenRAN in SA, Nigeria and Liberia

Ghana: New license for Paystack Ghana

Nigeria: AfDB approved $544 million in loan financing for Nigeria in 2021

Egypt: Egyptian logistics startup Milezmore raises $5m pre-seed round from Brimore

Rwanda: Rwanda May Not Reach Decision on CBDC Issuance Until End of 2022 — Central Bank Official

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