News

Mexico Plans to Issue a CBDC by 2024, Government Confirms

The Central Bank of Mexico (Banxico) plans to launch a central bank digital currency (CBDC) by 2024, the Mexican government confirmed in a tweet on ...

By Regtech AfricaDecember 31, 20210

Regulatory

Crypto platform gets approval from central bank

Binance, the largest cryptocurrency exchange, has received initial approval from the Central Bank of Bahrain to be the service provider of crypto assets ...

By Regtech AfricaDecember 31, 20210

Africa

AfDB approves €10.5m in tech start-up fund across sub-Saharan Africa

The Board of Directors of the African Development Bank Group has approved an equity investment pool of €10.5 million toward the first close ...

By Regtech AfricaDecember 31, 20210

Nigeria

Nigerian edtech startup, Teesas raises $1.6 million in a pre-seed funding round

Nigerian edtech startup, Teesas launched less than two months ago has raised $1.6 million in a pre-seed funding round. The round was led ...

By Regtech AfricaDecember 28, 20210

Kenya

Kenya: Safaricom oppose CA’s new interconnection rates

Safaricom is appealing the decision by the Communications Authority of Kenya (CA) to cut the mobile termination rate (MTR) by 88 per cent, ...

By Regtech AfricaDecember 28, 20210

Egypt

Egypt Launches Insurance Service for Expats As of Jan. 2022

Minister of State for Emigration and Egyptian Expatriates’ Affairs Nabila Makram announced on Monday that Egyptian expatriates will be able to be covered ...

By Regtech AfricaDecember 28, 20210

News

Nigeria: SEC warns investors against new Ponzi scheme

Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC), has alerted the investing public that a firm known as Poyoyo Investment (Pilvest) ...

By Regtech AfricaDecember 28, 20210

Global

Global: Cardano to launch Defi loan service in Africa by 2022

Charles Hoskinson, founder of IOHK, the foundation behind Cardano has stated that he will “build a financial operating system” in Q2 2022 that ...

By Regtech AfricaDecember 28, 20210

Kenya

Kenya: IFC signs deal to insure Bank of Africa SME loans

The International Finance Corporation (IFC) has signed a deal to provide Bank of Africa Kenya with cover against losses on loans to SMEs ...

By Regtech AfricaDecember 28, 20210

Regulatory

Uganda: BoU upgrades Postbank to Tier One category for Banks

Postbank bank Uganda, as mandated by the law, shall no longer be categorized as a credit institution but as a deposit taking financial ...

By Regtech AfricaDecember 28, 20210

Mexico Plans to Issue a CBDC by 2024, Government Confirms

Crypto platform gets approval from central bank

AfDB approves €10.5m in tech start-up fund across sub-Saharan Africa

Nigerian edtech startup, Teesas raises $1.6 million in a pre-seed funding round

Kenya: Safaricom oppose CA’s new interconnection rates

Egypt Launches Insurance Service for Expats As of Jan. 2022

Nigeria: SEC warns investors against new Ponzi scheme

Global: Cardano to launch Defi loan service in Africa by 2022

Kenya: IFC signs deal to insure Bank of Africa SME loans

Uganda: BoU upgrades Postbank to Tier One category for Banks

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