insert_link Africa Nigeria suspends cybersecurity law Nigeria has suspended a planned levy on electronic transfers to fund cybersecurity. The Central Bank of Nigeria had in a circular last week directed all banks and mobile money operators to charge 0.5% of the value of electronic transfers as a cybersecurity levy. Ajeck Mangut reports. todayMay 15, 2024 20
insert_link Africa Nairobi, Kenya, Set to Host the 12th Edition of the Africa Fintech Summit from September 4-6, 2024, at the GTC JW Marriott Hotel On September 4-6, 2024, Regulators, Policy Makers, Financial Industry Executives, Fintech Founders, leading innovators, investors, Climate Finance experts and Afroprenours from around the world will gather in Nairobi, Kenya for the 12th edition of the Africa Fintech Summit (AFTS). The summit will take place at the newly opened GTC JW Marriott Hotel in the heart of Nairobi, Kenya. With participants who represent over $4.5bn in private equity and […] todayMay 7, 2024 34
insert_link Africa Nigerian E-payments eclipse South Africa’s 2022 GDP, in latest surge When the Nigerian Central Bank introduced newly designed currency notes in November 2022 and a month later put a cap on the maximum amount of hard cash that individuals and corporations could withdraw, the idea was to tame money laundering in the country. During that year’s Christmas festive season and in the run-up to the 2023 Nigerian presidential election in February 2023 –– two high spending seasons –– the country […] todayFebruary 15, 2024 10
insert_link Africa The growing role of telco operators in driving financial inclusion through accessible mobile-first financial services. By Robert van Breukelen, COO at Itemate Solutions Africa remains a hotbed of mobile innovation. Telco operators across the continent are stepping in to fill gaps left by lower levels of development in key areas, including banking and financial services. A 2022 report estimated that just over half of Africa's population remained unbanked. The same report found that banks across the continent are investing in digital transformation […] todayFebruary 8, 2024 20
