Startup

Uganda: Uganda asset financing startup Asaak raises $30M pre-series A

Uganda asset financing fintech startup Asaak secures $30 million in pre-series A equity and debt financing round. This round drew participation from new and existing ...

By Regtech AfricaJanuary 19, 20220

Kenya

Kenya: Kenya’s Poa Internet secures $28,000,000 to boost internet connectivity across Africa

Now with a total funding amount of $36,000,000, Poa Internet plans to deepen its reach across Kenya and then expand into other countries in Africa. ...

By Regtech AfricaJanuary 19, 20220

Nigeria

Nigeria: AXA Mansard refreshes board, appoints non-executive directors, compliance officer

AXA Mansard Insurance Plc has announced changes in its board and management. The insurer made this known in a disclosure to the Nigerian ...

By Regtech AfricaJanuary 19, 20220

News

Global: BIS Chief Urges Trust in Central Banks

In an apparent shot at the crypto community’s ethos, Agustín Carstens said that trust can never be outsourced or automated. Key Takeaways The ...

By Regtech AfricaJanuary 19, 20220

News

Global: FCA fined UK financial organisations £568m in 2021

The Financial Conduct Authority has fined financial organisations in the UK for a total of £568m in 2021. This total is made up by fines ...

By Regtech AfricaJanuary 19, 20220

Ghana

Ghana: Customer complaints of banks, other financial institutions dropped 27.87% in half-year 2021 – BoG

The Bank of Ghana received a total of 321 complaints directly from customers of banks, Specialised Deposit-Taking Institutions, and non-deposit taking financial institutions ...

By Regtech AfricaJanuary 19, 20220

Nigeria

Nigeria: CBN intervention has led to a huge drop in imported rice from Thailand – Emefiele

The Central Bank of Nigeria (CBN) has stated that its intervention in the Nigerian agricultural sector has led to the massive reduction in ...

By Regtech AfricaJanuary 19, 20220

Nigeria

Nigeria: PenCom reviews Pension Reform Act 2014

The National Pension Commission (PenCom) has reviewed the Pension Reform Act 2014 (PRA 2014) as a prelude to advancing legislative action on the ...

By Regtech AfricaJanuary 19, 20220

Regulatory

Global: UK regulator fines Mastercard, others for prepaid cards cartel

Britain’s payments regulator on Tuesday fined five payments companies including Mastercard a total of 33 million pounds ($45.01 million) for cartel behaviour involving ...

By Regtech AfricaJanuary 19, 20220

Africa

Vertiv Joins the RISE Partnership Program to Develop Sustainable Data Centre Technologies

The strategic cooperation will help develop sustainable solutions such as data centre heat re-use or alternative power sources Vertiv (www.Vertiv.com) (NYSE: VRT), a global ...

By Regtech AfricaJanuary 18, 20220

Uganda: Uganda asset financing startup Asaak raises $30M pre-series A

Kenya: Kenya’s Poa Internet secures $28,000,000 to boost internet connectivity across Africa

Nigeria: AXA Mansard refreshes board, appoints non-executive directors, compliance officer

Global: BIS Chief Urges Trust in Central Banks

Global: FCA fined UK financial organisations £568m in 2021

Ghana: Customer complaints of banks, other financial institutions dropped 27.87% in half-year 2021 – BoG

Nigeria: CBN intervention has led to a huge drop in imported rice from Thailand – Emefiele

Nigeria: PenCom reviews Pension Reform Act 2014

Global: UK regulator fines Mastercard, others for prepaid cards cartel

Vertiv Joins the RISE Partnership Program to Develop Sustainable Data Centre Technologies

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