News

Nigeria: CBN Announces Plan to Stop FX Sales to Banks

The Central Bank of Nigeria (CBN) has indicated a plan to stop selling dollars and other foreign currencies to banks as part of ...

By Regtech AfricaFebruary 11, 20220

Startup

Uganda: Ugandan fintech startup ChapChap secures funding round

ChapChap, a Ugandan fintech startup that creates reliable financial profiles for MSMEs, has secured a funding round from Nordic Impact Funds to accelerate ...

By Regtech AfricaFebruary 11, 20220

Kenya

Kenya: Kenya’s Central bank opens public discussion on CBDC

The Central bank of Kenya (CBK), has published a discussion paper on its Central Bank Digital Currency (CBDC), while seeking public comments on the potential ...

By Regtech AfricaFebruary 11, 20220

News

Nigeria: CBN explains how diaspora remittances increased from $6 million to $100 million weekly

The Central Bank of Nigeria (CBN) has said that its foreign exchange policies especially the Naira4Dollar scheme has led to significant improvement in ...

By Regtech AfricaFebruary 11, 20220

Africa

Africa: Africa GDP falls by $165bn —Adesina

President of African Development Bank, AfDB, Dr. Akinwunmi Adesina, has lamented the dwindling economic fortunes of the African continent which he said had ...

By Regtech AfricaFebruary 11, 20220

Kenya

Kenya: CBK to Introduce Another Currency in Kenya

The Central Bank of Kenya (CBK),has released a well-thought-out discussion paper detailing why it is important to officially launch digital currencies in Kenya. In the ...

By Regtech AfricaFebruary 11, 20220

Startup

Nigeria: Nigeria’s Duplo Raises $1.3m Pre-Seed to Build Financial OS for B2B Companies

Duplo, a Lagos-based fintech, tackling the payments inefficiencies in the FMCG sector, has raised $1.3 million to expand its offering in digitizing payment flows for ...

By Regtech AfricaFebruary 11, 20220

Global

Global: EU Commission to legislate for full EU-wide coverage of instant payments

The European Commission is set to introduce legislation covering a digital euro and full EU-wide coverage of instant payments through Sepa Instant early ...

By Regtech AfricaFebruary 11, 20220

News

Uganda: SEACOM buys Africell Uganda assets – continues East Africa expansion

Pan-African telecommunications service provider SEACOM has announced it will acquire selected infrastructure assets from Africell in Uganda as it continues with expanding its footprint in ...

By Regtech AfricaFebruary 11, 20220

News

Uganda: BoU Makes Case for Digital Banking Solutions As KCB Launches New Online Platforms

The Bank of Uganda Executive Director of the Bank Supervision, Tumubweine Twinemanzi has said that banks ought to digital banking solutions or else ...

By Regtech AfricaFebruary 10, 20220

Nigeria: CBN Announces Plan to Stop FX Sales to Banks

Uganda: Ugandan fintech startup ChapChap secures funding round

Kenya: Kenya’s Central bank opens public discussion on CBDC

Nigeria: CBN explains how diaspora remittances increased from $6 million to $100 million weekly

Africa: Africa GDP falls by $165bn —Adesina

Kenya: CBK to Introduce Another Currency in Kenya

Nigeria: Nigeria’s Duplo Raises $1.3m Pre-Seed to Build Financial OS for B2B Companies

Global: EU Commission to legislate for full EU-wide coverage of instant payments

Uganda: SEACOM buys Africell Uganda assets – continues East Africa expansion

Uganda: BoU Makes Case for Digital Banking Solutions As KCB Launches New Online Platforms

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