Governance & Policy

EXCLUSIVE

Stanbic pauses fintech plans months after receiving approval in Kenya

Stanbic Bank Kenya

EXCLUSIVE

CBN partners Gluwa to help drive eNaira adoption

eNaira CBDC

EXCLUSIVE

19 new digital credit providers obtain operating licences in Kenya

Central Bank of Kenya. Source: Business Daily

EXCLUSIVE

Fintech expert weighs in on the CBN’s plans to combat PoS fraud in Nigeria 

EXCLUSIVE

South African regulator yet to reveal the extent of cyberattack on database

cyberattack cybercriminal

EXCLUSIVE

Court orders Vodacom to pay up to  $2.8 billion to the brain behind the popular Please Call Me service

Vodacom

EXCLUSIVE

What the CBN’s MPR hike means for the Nigerian startup ecosystem 

CBN governor, Yemi Cardoso holding a mic at what appears to be an event where he's addressing people

EXCLUSIVE

Proposed Bureau de Change guidelines promise increased digitisation but could spell the end for many operators 

A Somali man carries the money he earned from selling goats at Bakara Animal Market in Mogadishu, Somalia, on April 13. Once notorious for being both the site of Black Hawk Down, in which 18 American soldiers were killed in 1993, and later as an al-Shabaab stronghold, Bakara market is now slowly losing its past notoriety and becoming better known for its thriving economy. In the district's animal market, thousands of goats are now brought each morning, where they are sold on to later be slaughtered for their meat. AU UN IST PHOTO / TOBIN JONES.

EXCLUSIVE

CBN allegedly plans to shut down all crypto websites in Nigeria

Mobile phone with crypto trading app opened on it

EXCLUSIVE

COMESA competition commission commences investigations into ATC and Airtel Africa

regulation

EXCLUSIVE

FG to provide Internet access to 774 local governments and create over 300 jobs in Nigeria

A screen showing the Internet in a red background with the "@" symbol

EXCLUSIVE

CBN orders electronic payments for travel allowance, bans cash payments 

CBN building

EXCLUSIVE

Uganda to add iris biometrics into national IDs for enhanced security and verification

Digital IDs

EXCLUSIVE

Ghana’s Rent Control Department to go paperless in March 2024

Ghana's Rent Control Department signpost

EXCLUSIVE

South Africa may offer digital nomad visas after public feedback

South Africa visa

EXCLUSIVE

Botswana bans Starlink two weeks after rejecting application

Image of a satellite dish facing the sky

EXCLUSIVE

CBN lifts interbank foreign exchange transactions limit

CBN building

EXCLUSIVE

Kenya’s AI bill, reportedly proposing a 2-year jail term for unlicensed businesses, sparks controversies

AI

EXCLUSIVE

Ethiopia to ban importation of fuel-powered cars to focus on green mobility

Electric vehicle charging techpoint.arica

EXCLUSIVE

South Africa’s State IT Agency board reinstated following a 7-month dismissal

SITA




















Stanbic pauses fintech plans months after receiving approval in Kenya

Kenya’s Stanbic Holdings, a South African-based Standard Bank Group member, has said it’s putting a hold on its plans to release a fintech product months after receiving approval from the Capital Markets Authority (CMA).

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CBN partners Gluwa to help drive eNaira adoption

Shortly after Binance pulled the plug on all its services in Nigerian currency on its platform, the CBN partnered with Gluwa, a blockchain solution provider, to drive eNaira adoption.

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19 new digital credit providers obtain operating licences in Kenya

The Central Bank of Kenya has granted 19 new digital credit providers in Kenya operating licences, bringing the total number of registered companies in the East African country to 51.

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Fintech expert weighs in on the CBN’s plans to combat PoS fraud in Nigeria 

Nigerian financial regulators are in talks to fight PoS fraud in the country. In this interview, Zainab Abu, Head of Merchant Business at Hydrogen, shares her thoughts on the plans.

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South African regulator yet to reveal the extent of cyberattack on database

The Companies and Intellectual Property Commission, responsible for protecting South African companies’ rights, disclosed a recent hack attempt on its database. However, details on the extent of the breach remain undisclosed.

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Court orders Vodacom to pay up to  $2.8 billion to the brain behind the popular Please Call Me service

A South African Court has ordered Vodacom to pay its former employee who came up with the popular Please Call Me service, up to $2.8 billion. Vodacom, however, is displeased with the verdict.

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What the CBN’s MPR hike means for the Nigerian startup ecosystem 

The CBN announced a hike in the monetary policy rate on Tuesday. Here are some of the ways it could influence Nigerian startups.

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Proposed Bureau de Change guidelines promise increased digitisation but could spell the end for many operators 

While the CBN’s proposed guidelines for BDC operations could hurt incumbents, they provide opportunities for collaboration with commercial banks.

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CBN allegedly plans to shut down all crypto websites in Nigeria

The CBN is allegedly planning to shut down all crypto websites in Nigeria. A source close to the matter said the apex bank could use telcos as a way to block Nigerians from visiting cryptocurrency websites.

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COMESA competition commission commences investigations into ATC and Airtel Africa

The COMESA competition commission is investigating American Tower Corporation and Airtel Africa for possible regulatory violations two years after they signed their strategic partnership agreement.

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FG to provide Internet access to 774 local governments and create over 300 jobs in Nigeria

The Ministry of Communications, Innovation, and Digital Economy has launched ‘Project 774 LG Connectivity’ to connect 774 local government secretariats in Nigeria to the Internet and create over 300 jobs.

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CBN orders electronic payments for travel allowance, bans cash payments 

The Central Bank of Nigeria has directed all authorised bank dealers to stop paying Personal and Business Travel Allowances in naira and dollar cash, limiting payments to electronic channels.

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Uganda to add iris biometrics into national IDs for enhanced security and verification

Uganda’s National Identification and Registration Authority intends to include an iris biometric feature on national ID cards in preparation for mass enrolment and ID renewal.

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Ghana’s Rent Control Department to go paperless in March 2024

Ghana’s Minister of Works and Housing has announced that the Rent Control Department will go digital in March 2024, increasing efficiency and accessibility while improving public service delivery following a pilot test.

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South Africa may offer digital nomad visas after public feedback

South Africa’s Department of Home Affairs (DHA) is inviting the public to provide feedback on its proposed amendment to the country’s immigration laws, which could result in the country offering digital nomad visas.

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Botswana bans Starlink two weeks after rejecting application

Almost two weeks after rejecting Starlink’s application, Botswana’s telecoms regulator has warned the public not to import, use, or resell the kits within the country.

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CBN lifts interbank foreign exchange transactions limit

A week after eliminating the foreign exchange rate limit for IMTOs, the Central Bank of Nigeria has removed the same for interbank transactions.

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Kenya’s AI bill, reportedly proposing a 2-year jail term for unlicensed businesses, sparks controversies

Kenyan IT professionals are protesting the Kenya Robotics and Artificial Intelligence Society’s proposed robotics and AI bill, which seeks to fine and imprison unregistered companies for up to two years.

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Ethiopia to ban importation of fuel-powered cars to focus on green mobility

Ethiopia’s Ministry of Transport and Logistics has announced plans to ban non-electric vehicles to encourage environmentally friendly options.

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South Africa’s State IT Agency board reinstated following a 7-month dismissal

After the Minister of Communications dismissed the State IT Agency (SITA) board in July 2023 over a salary adjustment conflict, a recent court order has mandated their reinstatement.

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