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Never miss a beat on Africa's legal and regulatory landscape.

B&P Associates

Will The Anchor Hold? – Electronic Transfer Levy And Its Effect On The Fintech Space

The financial services industry, like many spheres of life, has evolved as a result of the massive influence of globalization. With technology advancing at galloping speed, the banking sector has managed ..

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Udo Udoma & Belo-Osagie

2021 in review: highlights of regulatory changes in the fintech space in 2021

In a year when two of Nigeria’s Fintechs (Flutterwave and Opay) acquired unicorn status, it became clear that the Fintech industry in the country had come of age. In line with this, there was a raft of new regulations affecting the industry. The l..

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KTA Advocates

Uganda’s Fintech Eco-System: How Collaboration, Interoperability and Regulation can Facilitate an Inclusive and Robust Digital Economy

“Tempered by physical law, which adds a dash of necessity, chance becomes the creative force, the mover and shaker of our universe. All the beauty we see around us, from galaxies to sunflowers is as a result of this collaboration between chaos and necessity” – Peter M. Ho..

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AXIS and BLC Robert

The FSC issues the Financial Services (Robotic and Artificial Intelligence Enabled Advisory Services) Rules 2021

The Financial Services Commission, Mauritius (the “FSC”) is issuing the Financial
Services (Robotic and Artificial Intelligence Enabled Advisory Services) Rules 2021 (the
“Rules”) in line with the objectives of providing a conducive regulatory framework and
pr..

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CQ Legal

Ghana FinTech Startup Economy

Technological disruption in the financial services sector has opened a new marketplace in Ghana to establish fintech companies.

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ENSafrica

The regulation of open banking in South Africa

“Open banking” involves the use of an application programming interface (“API”) and open-source technology to allow third-party developers, such as fintechs, to access data traditionally held by banks and develop applications or services around such data.

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G. Elias & Co.

The Regulatory Framework of the eNaira

The Central Bank of Nigeria (the ‘’CBN’’) recently issued the Regulatory Guidelines on the
eNaira (the ‘’Guidelines’’). The Guidelines was issued pursuant to Section 19 of the Central
Bank of Nigeria Act, 2007 (“CBN Act”) and the Banks and Other Financial Institut..

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Pavestones

Regulation of Fintech in Nigeria: difference between MMOs, PSBs and MFBs

In our February 3, 2020 article, we had written on the differences between a Mobile Money Operator (MMO) license, a Payment Service Bank (PSB) license and a Microfinance Bank (MFB) license. The article was aimed at supporting Fintechs in determining which of the existing ..

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ǼLEX

Requirements for dealing in Foreign Securities in Nigeria and the role of the Regulators

There has been a lot of interest in the activities of investment technology companies (investment tech) as some of them have been utilising platforms offering securities of foreign companies to investors in Nigeria. However, these platforms have had to contend with ..

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