Regulatory
Rwanda Reaches 38% Internet Penetration as Affordability Emerges as Key Barrier to Universal Access
Rwanda has achieved 38% internet penetration as of mid-2025, aligning with the African continent’s average, according to the latest data from the International ...
Regulatory
Uganda: MTN Uganda to Spin Off Fintech Arm, Awaiting Regulatory and Shareholder Approvals
MTN Uganda is set to separate its fintech division from its core telecommunications business, in line with the MTN Group’s broader regional strategy ...
Regulatory
Nigeria: Moniepoint Secures Regulatory Nod to Acquire 78% Stake in Kenya’s Sumac Microfinance Bank
In a strategic move to deepen its pan-African expansion, Nigerian fintech company Moniepoint Inc. has received regulatory clearance from the Competition Authority of ...
Africa
Africa: Fincra Secures Tanzanian Licence, Strengthens Presence in East Africa
In a major boost to its pan-African growth strategy, Lagos-based fintech company Fincra has obtained regulatory approval from the Bank of Tanzania to ...
Nigeria
Nigeria: Affordability, Overregulation Challenge Tinubu’s Digital Economy Agenda
As President Bola Ahmed Tinubu’s administration crosses the midterm milestone, analysts have rated the government’s performance in the digital economy and technology development ...
Nigeria
Nigeria: NCC Confirms New USSD Billing Policy, Mandates End-User Charging via Airtime
The Nigerian Communications Commission (NCC) has formally introduced a new billing framework for Unstructured Supplementary Service Data (USSD) transactions, transitioning to an End ...
Regulatory
Global: UK Data Access Legislation Sets Stage for Transition from Open Banking to Open Finance
LONDON — A newly introduced data access bill in the UK is poised to accelerate the transformation of open banking into a broader ...
Nigeria
Nigeria: CBN Refutes Claims of Extended Deadline for BDC Recapitalisation
ABUJA — The Central Bank of Nigeria (CBN) has officially denied reports suggesting that the deadline for the recapitalisation of Bureau De Change ...
Regulatory
UAE’s SCA Launches Region’s First ‘Finfluencer’ Licence to Regulate Digital Financial Content
ABU DHABI — In a landmark move to enhance digital financial oversight, the Securities and Commodities Authority (SCA) has launched the region’s first ...
Regulatory
Global: Kuwait’s CITRA Unveils Draft Regulation to Govern Telecom Service Distributors
KUWAIT CITY — The Communications and Information Technology Regulatory Authority (CITRA) has initiated a significant regulatory overhaul targeting the operations of mobile and ...
