Regulatory
South Africa Pushes AI Policy Rollout to 2027 After Citation Controversy
South Africa has postponed the rollout of its long-anticipated national artificial intelligence (AI) policy to January 2027 after withdrawing an earlier draft over ...
Ghana
Ghana: BoG Challenges GN Savings Licence Ruling at Supreme Court
The Bank of Ghana has reportedly filed an application before Ghana’s highest court, seeking to overturn a recent appellate ruling that restored the ...
Nigeria
Nigeria: NAICOM Grants Nigeria’s First Partnering Insurtech Licence
The National Insurance Commission has issued an operational licence to CBI Partnering Insurtech Ltd, marking a major milestone as the first fully licensed ...
Nigeria
Nigeria: Banks Raise Naira Card Spending Limits Abroad Amid Improved FX Liquidity
Nigerian Deposit Money Banks (DMBs) are increasingly expanding international spending limits on naira-denominated cards as improved foreign exchange (FX) liquidity strengthens confidence in ...
Ghana
Ghana: Bank of Ghana Suspends Planned Mobile Money Transfer Charge
The Bank of Ghana (BoG) has directed Mobile Money Fintech Limited (MMFL) to suspend the rollout of its proposed 0.75 per cent charge ...
Nigeria
Nigeria: NITDA Launches Committee to Drive Unified Sandbox Framework for Nigeria’s Digital Economy
As Nigeria’s technology ecosystem continues to evolve at a rapid pace, regulators are increasingly facing the challenge of keeping up with innovation across ...
Nigeria
Nigeria: NIMC Strengthens Digital Public Infrastructure to Boost Service Delivery, Security
The National Identity Management Commission (NIMC) has reaffirmed its commitment to expanding Nigeria’s Digital Public Infrastructure (DPI) to improve governance, strengthen national security, ...
Kenya
Kenya Moves to Tax Offshore VC Exits with New 15% Capital Gains Levy
Kenya is moving to impose a 15 per cent capital gains tax (CGT) on offshore sales involving local companies, in a move that ...
Nigeria
Nigeria: Banks, Fintechs Flag Over 82,000 Suspicious Transactions to NFIU in 2024
Nigeria’s financial institutions reported 82,143 suspicious transactions to the Nigerian Financial Intelligence Unit (NFIU) in 2024, reflecting heightened vigilance against money laundering, terrorism ...
Nigeria
Nigeria: CBN Warns Against Return to Intervention Policies Amid Push for Stability
Governor of the Central Bank of Nigeria, Olayemi Cardoso, has cautioned against renewed calls for the apex bank to return to large-scale intervention ...