Uganda

Uganda: Bank of Uganda Clarifies on Bank Note Signature

Bank of Uganda reassured the public that all bank notes it has issued are still legal tender. The bank rushed to make the ...

By Regtech AfricaFebruary 4, 20220

News

Global: Bank of England hikes rates in first back-to-back rise since 2004

The Bank of England on Thursday imposed back-to-back interest rate hikes for the first time since 2004 and began the process of quantitative tightening. Markets ...

By Regtech AfricaFebruary 4, 20220

Kenya

Kenya: Telkom surrenders half of sales to Safaricom

Telkom Kenya has revealed that it pays over half of its revenues to Safaricom and rival operators as costs for handling its calls, ...

By Regtech AfricaFebruary 4, 20220

Africa

Mozambique: Bank of Mozambique Maintains Interest Rates

The Monetary Policy Committee of the Bank of Mozambique (CPMO), meeting in Maputo on 26 January, decided to leave the bank’s main interest ...

By Regtech AfricaFebruary 4, 20220

Namibia

Namibia: Central Bank Enlists International Supervisory Platform to Drive Its Digital Transformation Initiative

The Bank of Namibia has selected Canadian-based application software firm SQL Power’s supervisory platform, the SQL Power Suite, as the technology framework to ...

By Regtech AfricaFebruary 3, 20220

Kenya

Kenya: T-bill holdings fall 8pc as CBK shifts more debt to bonds

The share of government’s domestic debt held in form of Treasury bills dropped by eight percentage points in 2021, reflecting the increased effort ...

By Regtech AfricaFebruary 3, 20220

News

Africa: Mobility fintech Moove secures $10 million funding for West Africa expansion

NBK Capital Partners Mezzanine Fund II has announced that it closed a US$ 10 million financing facility with Uber’s exclusive vehicle supply partner ...

By Regtech AfricaFebruary 3, 20220

Africa

Africa: Norrsken22 announces first close of $200m fund backing Africa’s future tech giants

Thirty unicorn founders are backing African tech entrepreneurs through Norrsken22, a new US$200 million tech growth fund that will invest in exceptional entrepreneurs ...

By Regtech AfricaFebruary 3, 20220

Nigeria

Nigeria: Fidelity Bank finances ultra-modern rice milling factory

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has joined the Managing Director of Fidelity Bank Plc, Mrs. Nneka ...

By Regtech AfricaFebruary 3, 20220

News

Global: German lender rejects Sh785m wired to CBK

Standard Chartered Bank in Frankfurt, Germany, rejected Sh785 million wired into a Central Bank of Kenya (CBK) account by Lake Turkana Wind Power ...

By Regtech AfricaFebruary 3, 20220

Uganda: Bank of Uganda Clarifies on Bank Note Signature

Global: Bank of England hikes rates in first back-to-back rise since 2004

Kenya: Telkom surrenders half of sales to Safaricom

Mozambique: Bank of Mozambique Maintains Interest Rates

Namibia: Central Bank Enlists International Supervisory Platform to Drive Its Digital Transformation Initiative

Kenya: T-bill holdings fall 8pc as CBK shifts more debt to bonds

Africa: Mobility fintech Moove secures $10 million funding for West Africa expansion

Africa: Norrsken22 announces first close of $200m fund backing Africa’s future tech giants

Nigeria: Fidelity Bank finances ultra-modern rice milling factory

Global: German lender rejects Sh785m wired to CBK

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