News

CBDCs and stablecoins: EY advises banks to ‘prepare for what’s coming’

Big Four accounting firm Ernst & Young has recommended that banks should change their regulatory perimeter to address the oncoming launches of state-backed ...

By Regtech AfricaJanuary 18, 20220

Nigeria

Nigeria: CBN says attractive US securities led to 32% plunge in foreign capital inflow to Nigeria

The Central Bank of Nigeria (CBN) has stated that the attractiveness of securities in the international financial market, particularly in the United States, ...

By Regtech AfricaJanuary 18, 20220

News

Global: Amazon suspends ban on Visa payments

After vowing to refuse to accept Visa as of 19 January – due to what it perceived to be punchy charges for processing credit ...

By Regtech AfricaJanuary 18, 20220

Startup

Ghana’s Float raises $17,000,000 seed to accelerate credit offerings for SMEs

Fintech startup, Float has raised $17,000,000 seed funding to strengthen its credit offerings for businesses and expand geographically. With reach across Ghana and ...

By Regtech AfricaJanuary 18, 20220

Regulatory

Nigeria: Insurance firms’ assets hit N2.09tn amidst recapitalisation suspension

The second and final phases of the Nigerian insurance industry’s recapitalisation exercise which should have ended in September 2021 was halted by litigation ...

By Regtech AfricaJanuary 18, 20220

Africa

Africa: FSD Africa appoints new Chair of the Board, three non-executive directors

FSD Africa has announced major changes to its Board with the appointment of a new Chair and three new non-executive directors who will help ...

By Regtech AfricaJanuary 18, 20220

Uganda

Uganda: New cheque limits to boost e-payment

All around the world, the use of cheques is rapidly becoming outdated. The Central Bank of Uganda has sought to eliminate the dependence ...

By Regtech AfricaJanuary 18, 20220

Africa

Airtel Seychelles opens new data centre to local and international firms

Airtel Seychelles which recently launched its tier-three state of the art data centre is now welcoming local and international companies to make use of its data ...

By Regtech AfricaJanuary 18, 20220

Africa

Namibia: Namfisa – Don’t Give Bank Cards, IDs to Microlenders

Namibia Financial Institution Supervisory Institutions last week cautioned the public on microlenders retaining possession of bankcards and PIN codes as well as original ...

By Regtech AfricaJanuary 18, 20220

Africa

Africa: Lipa Later Secures $12M in New funding to Expand Across Africa

Lipa Later, one of the first of it’s kind buy-now-pay-later (BNPL) company operating in Kenya, Rwanda, Uganda and Nigeria, has raised USD 12 ...

By Regtech AfricaJanuary 18, 20220

CBDCs and stablecoins: EY advises banks to ‘prepare for what’s coming’

Nigeria: CBN says attractive US securities led to 32% plunge in foreign capital inflow to Nigeria

Global: Amazon suspends ban on Visa payments

Ghana’s Float raises $17,000,000 seed to accelerate credit offerings for SMEs

Nigeria: Insurance firms’ assets hit N2.09tn amidst recapitalisation suspension

Africa: FSD Africa appoints new Chair of the Board, three non-executive directors

Uganda: New cheque limits to boost e-payment

Airtel Seychelles opens new data centre to local and international firms

Namibia: Namfisa – Don’t Give Bank Cards, IDs to Microlenders

Africa: Lipa Later Secures $12M in New funding to Expand Across Africa

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