Nigeria

Nigeria: Capital importation falls by N1.68tn – CBN

Foreign investors appear to have boycotted the Nigerian market as capital importation has dropped by $4.08bn (N1.68tn) in one year, latest statistics have ...

By Regtech AfricaJanuary 11, 20220

Startup

Nigeria: Nigerian rewards startup ThankUCash raises $5.3m seed round for expansion

Nigerian multi-merchant rewards platform ThankUCash has raised US$5.3 million in seed funding as it plans expansion into new markets and further product launches. ...

By Regtech AfricaJanuary 11, 20220

Ghana

Ghana: Allianz Africa appoints Ababacar Diaw as CEO Allianz Ghana Non-Life

Allianz Africa has made a leadership announcement for its operational entity in Ghana. Ababacar Diaw, currently Deputy CEO of Allianz Africa Services and Regional ...

By Regtech AfricaJanuary 11, 20220

Global

Global: EBA warns of detrimental impact of de-risking

The European Banking Authority (EBA) has published its opinion on the impact of de-risking in the EU and the steps authorities should take ...

By Regtech AfricaJanuary 11, 20220

News

Nigeria: Standard Chartered to shut down 50% of its branches in Nigeria

British banking and financial service group, Standard Chartered Plc, is reported to have concluded plans to close down at least half of its ...

By Regtech AfricaJanuary 11, 20220

Cameroon

Cameroon: NuRAN Wireless secures $15 million loan to cover Cameroon, DRC projects expenditure

NuRAN Wireless Inc., a specialist rural telecommunications company, has announced a $15 million loan facility agreement with a development finance institution (DFI), to ...

By Regtech AfricaJanuary 11, 20220

Kenya

The tech trends of 2022: Innovations that will reshape business in Kenya in the future

Global spending on digital transformation is projected to reach $1.78 trillion in 2022 As 2021 comes to a close, many businesses are still ...

By Regtech AfricaJanuary 10, 20220

Kenya

Kenya: Airtel Money records Sh79m annual profit

Airtel Kenya’s mobile money business made a profit of Sh79 million in the year ended December 2020, sharply contrasting with the company’s voice ...

By Regtech AfricaJanuary 10, 20220

News

MoneyGram buys stake in cryptocurrency cash exchange Coinme

MoneyGram has acquired a four per cent stake in Coinme, a US outfit that facilitates the cash purchase and sale of bitcoin at ...

By Regtech AfricaJanuary 10, 20220

News

Africa: Kuehne+Nagel Expands Footprint in Africa

Kuehne+Nagel, one of the world’s leading logistics providers, has significantly expanded its network of offices in Nigeria, South Africa, Kenya, Uganda, Tanzania, Egypt, ...

By Regtech AfricaJanuary 10, 20220

Nigeria: Capital importation falls by N1.68tn – CBN

Nigeria: Nigerian rewards startup ThankUCash raises $5.3m seed round for expansion

Ghana: Allianz Africa appoints Ababacar Diaw as CEO Allianz Ghana Non-Life

Global: EBA warns of detrimental impact of de-risking

Nigeria: Standard Chartered to shut down 50% of its branches in Nigeria

Cameroon: NuRAN Wireless secures $15 million loan to cover Cameroon, DRC projects expenditure

The tech trends of 2022: Innovations that will reshape business in Kenya in the future

Kenya: Airtel Money records Sh79m annual profit

MoneyGram buys stake in cryptocurrency cash exchange Coinme

Africa: Kuehne+Nagel Expands Footprint in Africa

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