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    Policy & Regulations Forum

    Policy & Regulations Forum

    Nigerian Taxman Halts Freemium Banking for Fintech Companies with New Transfer Levy

    This move marks the end of the freemium banking era for millions of Nigerians, who have long enjoyed cost-free electronic transactions from the country’s fast-growing financial technology sector.
    Read more
    EASTERN AFRICA

    Ethiopian Banks Fight for Their Share of Remittances with $900M DEBO Fund

    Currently, recipients of remittances in Ethiopia have a variety of options, including mobile money services, cash pickups through agents, and direct bank deposits.
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    Policy & Regulations Forum

    Effective Immediately: Free Internet for 18–25 Year Olds in Mauritius, Courtesy of Telecom Leader Emtel

    The offer is available on both prepaid and postpaid plans. Young people registered with the Mauritius Revenue Authority (MRA) will automatically receive 30 days of unlimited internet access (capped at 6GB per day) each month.
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    Policy & Regulations Forum

    Ethiopia Launches First-Ever Regulatory Sandbox to Boost Fintech Startups

    The application window for the first cohort of the Regulatory Sandbox is now open and will close on September 30, 2024. You have 30 days to submit your application.
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    Japan’s JICA Commits $10M to Persistent’s African Climate Tech Fund Amid DFI Push

    The investment is part of a broader strategy by global development finance institutions - including Denmark's IFDK and the Dutch FMO - to use blended finance to plug Africa's early-stage climate funding gap.
    Hard Talks

    ‘Stay in It’: How Over 200 Interviews and a LinkedIn Post Led to a $2.35M Seed Round for Orca

    The startup’s latest raise marks a landmark achievement as one of the largest seed rounds ever secured by an all-female founding team in Africa.

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    100 Faces, 160,000 Attacks: Inside the Industrialised Fraud Machines Targeting Africa

    In the weeks following Nigeria and Ghana’s festive travel season — the period known locally as Detty December — a wave of chargebacks was filed in January 2025, predominantly initiated from abroad.
    Partner Content

    Western Union and Cassava’s Sasai Target South Africa’s $1bn Outbound Remittance Market

    While the narrative around African remittances often focuses on inflows from Europe and the US, South Africa presents a lucrative inverse opportunity.

    Latest articles

    Updates

    Japan’s JICA Commits $10M to Persistent’s African Climate Tech Fund Amid DFI Push

    The investment is part of a broader strategy by global development finance institutions - including Denmark's IFDK and the Dutch FMO - to use blended finance to plug Africa's early-stage climate funding gap.
    Hard Talks

    ‘Stay in It’: How Over 200 Interviews and a LinkedIn Post Led to a $2.35M Seed Round for Orca

    The startup’s latest raise marks a landmark achievement as one of the largest seed rounds ever secured by an all-female founding team in Africa.
    Partner Content

    Ziidi Trader: Safaricom Captures Half of Kenya’s First Major IPO in 20 Years

    The Kenyan government’s sale of a 65% stake in KPC raised 106.3 billion Kenyan shillings ($823.1m).
    Policy & Regulations Forum

    OneBank: Egypt’s $114m State-Backed Digital Challenger Gets the Final Green Light

    Building a digital bank in a strictly regulated market requires deep pockets, and Banque Misr has heavily capitalized the venture.

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