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    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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    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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