Kenya
Kenya seeks fresh multilateral financing as central bank flags inflation risks
Kenya is in discussions with the World Bank, the African Development Bank (AfDB) and other multilateral lenders to secure additional financing expected within ...
Regulatory
Global: EBA classifies USDC as a significant e-money token under MiCA
The European Banking Authority (EBA) has classified USDC, issued in the European Union by Circle Internet Financial Europe SAS, as a significant e-money ...
Nigeria
Nigeria: NAICOM’s risk-based capital reforms drive insurance industry’s Joint Actuarial Fund plan
Nigeria’s insurance industry is preparing to strengthen its actuarial expertise ahead of the implementation of a risk-based capital (RBC) framework, with a multi-million-naira ...
Regulatory
South Africa: Nuvei secures South African authorisation to expand local payment services
Global fintech company Nuvei has secured authorisation from the Payments Association of South Africa (PASA) to provide local merchant payment services in South ...
Regulatory
Global: Visa secures China approval to establish domestic bank card clearing business
Visa has secured approval from the People’s Bank of China (PBOC) to establish a domestic bank card clearing business, marking a significant step ...
Regulatory
Global: Fed minutes may reveal debate over rate hike and next policy moves
Minutes from the Federal Reserve’s latest policy meeting are expected to reveal a broader debate among policymakers than was apparent from the unanimous ...
Regulatory
Nigeria: CBN says 23% MPR cut will support productive activity and economic growth
The Central Bank of Nigeria (CBN) says its decision to reduce the Monetary Policy Rate (MPR) from 26.5 per cent to 23 per ...
Ghana
Ghana: BoG to introduce new credit risk and liquidity directives for banks
The Bank of Ghana (BoG) is preparing to introduce new directives aimed at strengthening credit risk management and liquidity resilience across the country’s ...
Regulatory
Global: French regulator urges crowdfunding platforms to strengthen investor protection
France’s financial markets regulator, the Autorité des Marchés Financiers (AMF), has called on crowdfunding platforms to strengthen their compliance practices and investor protection ...
Africa
Africa: Helios completes sale of Africa Specialty Risks
Africa-focused private investment firm Helios Investment Partners has completed the sale of Africa Specialty Risks (ASR) to Vitruvian Partners after securing the required ...
