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    Governance, Policy & Regulations Forum

    Governance, Policy & Regulations Forum

    Foreigners Can Now Open Bank Accounts in Egypt, Says Central Bank

    The CBE received complaints from foreign clients regarding difficulties in opening accounts, hindering their ability to access essential banking services.
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    Governance, Policy & Regulations Forum

    Why South African Banks Will Block Digital Transfers to Namibia, Eswatini, and Lesotho Next Month

    This decision, while intended to curb financial crime, will disrupt the seamless flow of funds that has long characterized the region.
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    Governance, Policy & Regulations Forum

    Egypt’s Regulator Extends Deadline for Non-Banking Finance Companies to Increase Capital

    The FRA’s regulatory framework mandates that the issued and paid-up capital for the specified non-banking finance companies should not be less than EGP 75 million (approximately USD 1.5 million) or its equivalent in foreign currencies, based on the exchange rate set by the Central Bank of Egypt
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    Governance, Policy & Regulations Forum

    WhatsApp Faces Nigeria Exit Over $220 Million Fine, Amidst Low African Revenue

    Globally, Meta generated $75.5 million in revenue during the same period, with the remaining $8.4 million coming from regions outside of North America and Europe, including Africa, Latin America, and the Middle East.
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    South African Logistics Startup Shiprazor Secures $2.65m to Streamline E-Commerce Deliveries

    Founded in 2023 by CEO Sahil Affriya, Shiprazor operates as an infrastructure layer connecting online merchants with a disparate network of delivery providers.
    Updates

    African Biotech Investor OneBio Secures $6m First Close in Test for Continent’s Deep Science Sector

    The fundraising effort marks a notable development in an African venture ecosystem that has historically directed the vast majority of its capital toward financial technology

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    Profit, Pivot, and Panic: Swvl Faces Nasdaq Delisting Threat Despite $1.3m Turnaround

    Mobility technology company reports first annual profit since going public, but auditors raise going concern doubt and Nasdaq listing remains under threat
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    A New Expansion Map: African Startups Redraw Routes Through Accra

    From Nigerian defence contractors to Kenyan logistics software, a new cohort of well-capitalised tech firms is bypassing traditional hubs to set up operational bases in Accra.

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    Updates

    South African Logistics Startup Shiprazor Secures $2.65m to Streamline E-Commerce Deliveries

    Founded in 2023 by CEO Sahil Affriya, Shiprazor operates as an infrastructure layer connecting online merchants with a disparate network of delivery providers.
    Updates

    African Biotech Investor OneBio Secures $6m First Close in Test for Continent’s Deep Science Sector

    The fundraising effort marks a notable development in an African venture ecosystem that has historically directed the vast majority of its capital toward financial technology
    Updates

    More Cards, More Cash: The Contradiction at the Heart of Central African Fintech

    Across six countries sharing a central bank and a currency, a largely unknown interoperability platform is accumulating evidence...
    Updates

    Fawry Taps the EBRD to Supercharge Its Lending Arm

    Fawry, Egypt’s largest electronic payments network, is accelerating its push into direct lending, securing...

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