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    Policy & Regulations Forum

    Policy & Regulations Forum

    Nigeria Grants First Crypto Exchange License to Quidax

    The SEC’s licensing follows a comprehensive amendment to its rules in June 2023, which addressed digital asset issuance, offering platforms, exchange, and custody.
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    Policy & Regulations Forum

    Nigerian Fintechs: Your Cookies Are Next After NDPC’s Landmark Fine

    Recently, Meta was fined $220 million for breaching Nigeria’s data protection laws.
    Read more
    Policy & Regulations Forum

    New Vague Crypto Regulations in Ghana Leave Industry in Limbo

    Commercial banks and payment service providers may offer services to VASPs but under strict conditions.
    Read more
    WESTERN AFRICA

    Nigeria Freezes Over $37 Million in Cryptocurrency Linked to Protest Organizers

    While the EFCC did not disclose the identities of the wallet owners in its application, insiders have indicated that the wallets are connected to individuals involved in organizing the ongoing protests against the Nigerian government.
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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.

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    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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