Governance & Policy
Regulations, laws, directives and policies, that affect African startups, the financial sector, telecoms, cyber security, among others. It’s unpredictable nature either enables, stifles or is neutral on innovation
Top stories
Egypt’s inflation slowed for the fourth consecutive month to 24% in January 2025 amid economic pressures.
Nigeria has launched its first stablecoin, cNGN, to drive blockchain adoption and enhance financial inclusion. While this is promising, challenges such as regulation and the volatility of the naira remain.
Lagos State has collaborated with Huawei to implement Intelligent Transport Systems (ITS), reinforcing its smart city ambitions.
NIBSS has upgraded the NQR payment system, offering instant payment processing, providing immediate settlement for merchants and consumers. The system now supports both Person-to-Person (P2P) and Entity-to-Person (E2P) payments
Despite soaring inflation and rising currency depreciation, Zimbabwe’s central bank maintains 35% interest rate.
Starlink has officially withdrawn from hearings on the regulation of satellite services in South Africa following Elon Musk’s “openly racist” comment on the country’s ownership laws.
Ugandan authorities have detained 9 officials from the Ministry of Finance in connection with a breach of the central bank’s electronic systems, resulting in the theft of approximately 62 billion shillings ($16.87 million).
The World Bank sees South Africa’s economy growing by 1.8% in 2025, 0.2% higher than its earlier projections, despite elevated levels of poverty and unemployment.
S&P Global has affirmed a positive credit outlook for nine major Nigeria banks in 2025 despite economic challenges hampering the sector’s performance.
Nigeria’s Federal Executive Council (FEC) has approved two major initiatives to accelerate digital transformation: the Nigeria Universal Communication Access Project and the National AI Trust.
In line with its broader objective of stabilising the FX market, Nigeria’s central bank has extended the deadline for BDCs to access foreign currencies from the official window until March 30.
Ghana recorded $196.7 billion from electronic money transfers in 2024 with total transactions reaching eight billion keeping it cashless drive on track.
With Nigeria’s GDP rebasing on the horizon, experts are turning their focus to the ICT and creative sectors as key drivers of the country’s economic growth.
South Sudan has lifted its ban on social media platforms like Facebook and TikTok, five days after imposing it to curb violence triggered by graphic videos circulating online.
As Nigerian banks scramble to bolster their capital base to meet the central bank’s new requirements, experts predict that some will fall short, triggering a wave of mergers.
The United Nations expects Africa’s regional GDP to grow by 3.7% in 2025, mainly driven by stability in Nigeria, South Africa, and Egypt.
Nigeria’s central bank has revealed plans to set up a compliance department to oversee the activities of financial institutions in the country in its bid to boost transparency in the financial sector.
The Governor of the South African Reserve Bank, Lesetja Kganyago, has warned against including Bitcoin as a strategic reserve asset, days after Donald Trump’s endorsement.
South Africa’s inflation rate crept higher to 3.0% in December 2024 as the cost of food, beverages, and housing soared.
South Sudan will block all social media for 90 days starting January 22, 2025, citing the spread of violent content linked to unrest in Sudan. However, neighbouring Sudan lost $1.2 billion to Internet shutdowns last year.