Nigeria

Nigeria: Nigeria’s private sector borrows N5.16 trillion from banks in 11 months 2021

Private sector credit rose to a record high of N35.31 trillion as of November 2021, representing N5.16 trillion net new loans between January ...

By Regtech AfricaJanuary 12, 20220

News

Nigeria’s diaspora remittances may beat World Bank’s projection, rise 10% to $14.2bn

Nigeria’s diaspora remittances inflow is set to beat the World Bank’s projection for 2021, as it rose to $14.2 billion in the nine ...

By Regtech AfricaJanuary 12, 20220

Uganda

Uganda: MTN Uganda Launches Momoadvance

MTN Mobile Money in partnership with NCBA Bank, has launched a new MTN MoMo overdraft service dubbed MoMoAdvance that will enable MTN MoMo ...

By Regtech AfricaJanuary 12, 20220

News

Nigeria: Stanbic IBTC to Launch Fintech Subsidiary

Stanbic IBTC Holdings Plc has announced a move to establish a wholly-owned financial technology (Fintech) Subsidiary, according to a regulatory filing on Tuesday. ...

By Regtech AfricaJanuary 12, 20220

Liberia

Liberia: TipMe Liberia Customers Can Now Move Funds to and from their GTBank Accounts

TipMe Liberia announces that customers can transfer funds between their Guaranty Trust Bank (GTBank) accounts and TipMe wallets. Customers can now link their ...

By Regtech AfricaJanuary 12, 20220

Africa

Africa: Exness: The $1 trillion multi-asset broker expands its presence in Africa

Exness’ strategic expansion plans will cover countries like Uganda and Rwanda in 2022 Exness (www.Exness.com), one of the biggest multi-asset brokers in the ...

By Regtech AfricaJanuary 11, 20220

Africa

Tunisia: Tunisia Commits to Start Automatic Exchange By 2024 – AEOI

Tunisia has committed to implement the international Standard for Automatic Exchange of Financial Account Information in Tax Matters (AEOI) by 2024, the Organisation ...

By Regtech AfricaJanuary 11, 20220

Africa

Tunisia: Banque Zitouna Obtains Bct’s Approval to Operate As Resident Payment Institution

Banque Zitouna, specialised in Islamic finance, has obtained the approval of the Central Bank of Tunisia (BCT) to carry out the activity of ...

By Regtech AfricaJanuary 11, 20220

Tanzania

Tanzania Exports Up By 13pa in Nov. 2021 – Central Bank

A Monthly economic review of Tanzania’s central bank – BoT has indicated that exports of goods and services in Nov. 2021 reached $9.79billion ...

By Regtech AfricaJanuary 11, 20220

Nigeria

Nigeria: Amid growing fintech space, SEC plans to launch revised Capital Market Master Plan

The Securities and Exchange Commission (SEC) plans to unveil a revised version of the 10-year Capital Market Masterplan that will take into account ...

By Regtech AfricaJanuary 11, 20220

Nigeria: Nigeria’s private sector borrows N5.16 trillion from banks in 11 months 2021

Nigeria’s diaspora remittances may beat World Bank’s projection, rise 10% to $14.2bn

Uganda: MTN Uganda Launches Momoadvance

Nigeria: Stanbic IBTC to Launch Fintech Subsidiary

Liberia: TipMe Liberia Customers Can Now Move Funds to and from their GTBank Accounts

Africa: Exness: The $1 trillion multi-asset broker expands its presence in Africa

Tunisia: Tunisia Commits to Start Automatic Exchange By 2024 – AEOI

Tunisia: Banque Zitouna Obtains Bct’s Approval to Operate As Resident Payment Institution

Tanzania Exports Up By 13pa in Nov. 2021 – Central Bank

Nigeria: Amid growing fintech space, SEC plans to launch revised Capital Market Master Plan

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