Ghana dives into crypto future with new sandbox
The insights gained from the sandbox will inform the finalisation of guidelines and activity-based licensing rules for the sector.
Nigeria’s SEC cracks down on fintech fraud
The Securities and Exchange Commission details how it is enforcing smart regulations to protect investors and ensure compliance in a fast-evolving sector.
Nigeria approves Quidax, Busha as crypto platforms
The two exchanges were approved under the Commission's Accelerated Regulatory Incubation Programme.
SAP to pay $100m in Africa fraud settlement
The software vendor agreed to a monetary penalty with US Securities and Exchange Commission, for violating Foreign Corrupt Practices Act in five African countries.
FBI charges Nigerian fintech founder with securities fraud
According to the FBI the founder of Nigerian founded Nasdaq-listed agri-fintech startup, Tingo, reported hundreds of millions of dollars in fictitious revenues and assets for three companies he controls.
Kenya’s Lipa Later gets US approval to raise funds
Lipa Later, a fintech platform, has received historic approval for public fundraising in the United States.
Nigeria approves blockchain policy to shore up economy
The Nigerian government has since directed relevant regulatory bodies to start work on developing regulatory instruments for deployment of the technology.
From citizens to banks, Nigeria's CBN warns on digital currencies
Financial regulator says virtual currencies are not legal tenders and users do so at their own risk.