Kenya's parliament passes a landmark trade deal with the EU, offering duty-free access for Kenyan traders to the European market. The agreement underscores a commitment to labor rights, gender equality, and environmental sustainability, heralding a new era of economic cooperation between Kenya and the EU. 🇰🇪🤝🇪🇺

Discover why South Africa's crypto licensing omits major players like Binance and Yellow Card, signaling potential shifts in the African crypto market. Despite regulatory hurdles, industry leaders navigate challenges while aiming to resolve legal ambiguities. Stay updated on the evolving crypto landscape in South Africa and its implications for global exchanges. 🌍💰🔍

South Africa's financial conduct regulator has approved licenses for 75 crypto businesses, including major exchanges like Luno and VALR. This move signals a significant step in the country's acceptance of the crypto regulatory landscape.

Kenya's Ministry of Communications recommends regulatory measures for TikTok, emphasizing the importance of maintaining access to global social media platforms while addressing concerns of misuse and harmful content.

Addis Ababa dangles capital gains tax breaks to encourage investors amid capital flight from Africa's top venture capital markets.

Nigeria unveils plans for a new national identification system, promising integrated payment features and social service delivery. However, skepticism abounds as citizens express concerns over past identification initiatives and the complexity of the proposed system.

Microsoft's legal woes in South Africa echo its ongoing struggles in Europe, signaling potential challenges for its cloud computing licensing practices worldwide.

As Nigeria's Central Bank implements reforms and raises interest rates to combat inflation, foreign investors are flocking back to the country's government securities market. With an uptick in Foreign Portfolio Investments (FPIs) and growing investor confidence, Nigeria is becoming an attractive destination for investors seeking high yields amidst global economic uncertainties.

From heads of state like Samia Suluhu to influential diplomats like Bintou Keita, women are increasingly playing key roles in the continent’s politics and governance. From Ellen Johnson Sirleaf, the first democratically elected female president in Africa, to Fatma Samba Diouf Samoura, FIFA's first female Secretary General, a new generation of women is paving the way.

Despite its small economy, Rwanda is gaining international attention for its efforts to position itself as an international financial centre. Kigali is now the fastest-growing financial hub in Africa, according to a new report.

Congolese fintech companies are teaming up with the government to establish the Congolese Fintech Network (CFN), aiming to bolster financial inclusion and facilitate collaboration within the industry. Led by board member Joel Tshilumba, CFN seeks to foster effective communication channels with government representatives to promote mutual benefits and innovation.

Lagos, Nigeria's bustling tech epicenter, takes on global ride-hailing giant Uber in a contentious data-sharing standoff, leaving both residents and the tech community on edge.

Nigeria's Securities and Exchange Commission (SEC) proposes a substantial increase in the minimum paid-up capital for virtual asset service providers (VASPs) to ₦1 billion, aiming to reshape the crypto landscape.

South Africa's Financial Sector Conduct Authority (FSCA) has made significant strides in regulating the cryptocurrency industry, granting licenses to 59 crypto firms as of March 12, 2024. Learn more about the implications and requirements of this regulatory development.

Nigeria intensifies efforts to obtain information from Binance, seeking details on its top 100 users and six-month transaction history, as the nation's regulatory scrutiny tightens. 🛡️

In a two-week information blackout, the detained Binance executives in Nigeria have been identified as Tigran Gambaryan, head of criminal investigations, and Nadeem Anjarwalla, the regional manager for Africa. Amid allegations of cryptocurrency market manipulation, their passports have been seized, sparking international concerns and collaborative efforts with Nigerian authorities for a swift resolution. The crypto community awaits developments, emphasizing the challenge of navigating regulatory landscapes.

Discover how Chams Holding Company's CEO, Mayowa Olaniyan, navigated the aftermath of a $100 million loss from a government project, leading the company to a surge in share prices. Now, with a renewed focus on consumer-centric projects, Chams is set to capitalize on the burgeoning mobile money and cross-border payments sectors, emphasizing innovation and expansion across its financial service subsidiaries.

In a bid to protect borrowers and curb predatory lending, Kenya's Central Bank has granted licenses to 17 new digital credit providers, including Autochek. This move comes after a comprehensive crackdown that saw the total number reduced to 51, emphasizing a commitment to consumer protection and ethical practices.

Dive into the captivating journey of how Huawei, since its 1999 debut in Nigeria, strategically maneuvered to become the nation's top telecom vendor and enterprise behemoth. Unveil the success factors, ambitious projects, and a touch of controversy surrounding Huawei's ascent in the heart of Africa.

Ghana's Central Bank takes decisive action, suspending the foreign exchange licenses of Guaranty Trust Bank and FBN Bank for one month, citing various regulatory breaches. The move underscores the country's commitment to enforcing forex market regulations and ensuring financial institutions adhere to strict guidelines.

A cyber attack on South Africa's Companies and Intellectual Property Commission (CIPC) has raised concerns as personal information of clients and employees is unlawfully accessed. The breach has led to a shutdown of certain CIPC systems to mitigate potential damage, prompting a call for vigilance among affected individuals. This incident highlights the growing threat of cybercrime in the country, with several government entities falling victim to similar attacks in recent times.

Nigeria intensifies its crypto crackdown, imposing a staggering $10 billion fine on global cryptocurrency exchange Binance. This move follows the recent arrest of two Binance executives and the central bank governor's concerns over $26 billion in transactions with unidentified sources. The regulatory pressure signals a challenging landscape for crypto platforms in Nigeria. 💼🔍

Amid renewed scrutiny from the Central Bank of Nigeria (CBN), several Nigerian crypto platforms are suspending the purchase and sale of USDT and USDC stablecoins with Naira. The move comes after CBN Governor Olayemi Cardoso claimed that $26 billion had passed through Binance Nigeria from unidentified sources. Crypto exchanges face increasing regulatory challenges, triggering cautious responses and even arrests, echoing concerns reminiscent of past regulatory uncertainties.

In a bold move, South Africa unveils plans from its 2024 budget to revolutionize digital payments, focusing on the integration of stablecoins and blockchain. The treasury's initiative aims to uplift marginalized communities, with potential policy changes and a collaborative effort with Switzerland for innovative digital payment pilot projects.

As Nigeria grapples with a currency crisis, the government eyes a fresh crypto crackdown, calling for measures against major exchanges like Binance, OctaFX, Coinbase, Kraken, and FXTM. The move, driven by concerns of currency manipulation and money laundering, raises questions about the future of cryptocurrency in the country.