Regulatory
Zambia’s digital asset regulation tests to end in June
Zambia will conclude its digital asset regulatory framework tests within the next three months, the country’s technology minister has revealed. The Southern African ...
Africa
Africa: IFC: AfCFTA is becoming a lot of talk — we need to fix regulations
Makthar Diop, the managing director of the International Finance Corporation (IFC), says the Africa Free Trade Continental Agreement (AfCFTA) is becoming a lot ...
South Africa
South Africa: South Africa’s Second Largest Online Payment Gateway, Peach Payments, Secures $31 Million in Series A Funding
Peach Payments, a fintech startup from South Africa, has secured $31 million in Series A funding led by Apis Partners, with the aim ...
News
Nigeria: Nigeria’s cash crisis driving digital transactions to all-time high
Nigeria is riding on the back of a cash crunch, which the central bank said resulted from the move to mop up excess ...
News
Nigeria: SEC blames forex scarcity for low foreign investments
The Director-General of the Securities and Exchange Commission, Lamido Yuguda, has blamed the dwindling level of Foreign Portfolio Investments in the country on ...
Africa
Africa: Kenya, Tanzania fine GTBank for breach of regulations
The Central Bank of Kenya (CBK) has fined Nigerian lender, Guaranty Trust Bank (GTBank) for breaching its regulations. Ripples Nigeria discovered from GTBank ...
Ghana
Ghana: Ghana Expects IMF Loan Approval in Q2 -Official
Ghana expects the International Monetary Fund’s board to approve a $3 billion loan by the end of the second quarter of 2023, Finance ...
News
Seychelles: Anti-Money Laundering – Seychelles Upgraded On 5 Fatf Recommendations
Seychelles has been upgraded on another five recommendations set by the Financial Action Task Force (FATF) showing further progress in strengthening measures to ...
Nigeria
Nigeria: Nigerian crypto payment startup shuts down, offers IP for sale
Nigerian crypto and Web3 company Lazerpay announced on April 13 that it is shutting down its operations. According to a statement released on Twitter by ...
News
Nigeria: CBN to mop up dormant account balances, unclaimed funds
The Central Bank of Nigeria has proposed that banks should transfer funds in accounts that have been dormant for up to 10 years ...