Regulatory
Global: UK FinTechs Urge Government to Address Regulatory Barriers Impacting Growth
A coalition of leading UK FinTech firms, including Revolut, Clearbank, and Zilch, has expressed concerns to the government about the regulatory challenges stifling ...
Regulatory
Global: UAE Grants Licences to National Bonds and Daman Investment for End-of-Service Benefits Savings Scheme
The Securities and Commodities Authority (SCA) has granted groundbreaking licences to National Bonds Corporation and Daman Investment to manage end-of-service benefits savings funds ...
Nigeria
Nigeria: SEC Advocates for Digital Finance to Strengthen Nigeria’s Capital Market
The Securities and Exchange Commission (SEC) has underscored the critical role of investor education and digital finance in advancing the growth of financial ...
Africa
Africa: Stakeholders Call for Stronger AI Regulations to Protect Africa’s Data Sovereignty
African stakeholders are urging governments across the continent to implement stricter regulations on Artificial Intelligence (AI) to safeguard data sovereignty and prevent foreign ...
Nigeria
Nigeria: New Bill Requires Tax ID for Opening Bank Accounts in Nigeria
A new legislative bill in Nigeria proposes that individuals involved in banking, insurance, stock-broking, and other financial services must provide a Tax Identification ...
Nigeria
Nigeria: FIRS Launches Centralized Tax Remittance System for States
The Federal Inland Revenue Service (FIRS) has introduced a centralized tax remittance system to streamline tax payments across Nigeria’s 36 states. This new ...
Kenya
Kenya to Integrate M-PESA Paybills with Tax System by December 2024
Moses Kuria, Senior Economic Advisor to President William Ruto, announced during a recent tax summit that Kenya plans to integrate M-PESA Paybills into ...
Mali
Mali Temporarily Lifts Starlink Ban for 6 Months to Develop New Regulatory Framework
Mali has temporarily lifted its ban on Starlink for six months to allow the development of a new regulatory framework, following concerns over ...
Nigeria
Nigeria: Driving Inclusive Growth in Africa’s Fintech Ecosystem – Dr. Aminu Maida
Dr. Aminu Maida, Executive Vice Chairman and Chief Executive Officer of the Nigerian Communications Commission (NCC), delivered an impactful keynote address during the ...
Regulatory
Africa: Eswatini Unveils Design for Tokenized Retail CBDC, the Digital Lilangeni
The Central Bank of Eswatini, a small African nation bordered by South Africa and Mozambique, has released a detailed design paper outlining the ...
