Mauritius has a sophisticated financial services industry and a vibrant ICT sector. It is increasingly well placed to take advantage of the opportunities FinTech brings for both Africa and the rest of the world.
Never miss a beat on Africa's legal and regulatory landscape.
Mauritius has a sophisticated financial services industry and a vibrant ICT sector. It is increasingly well placed to take advantage of the opportunities FinTech brings for both Africa and the rest of the world.
Nigeria’s young population, increasing smartphone penetration and improved regulatory environment are creating the perfect storm for the FinTech sector to flourish. Nigeria is now the home to over 200 standalone FinTech companies, plus a number of FinTech solutions offere..
There are a number of reasons why Africa has been earmarked as the next hub for FinTech. A youthful pop..
The Parliament of Uganda passed the National Payment Systems Act (the Act) in 2020 and a year later, the National Payment Systems Regulations 2021 (the Regulations) were passed to operationalise the Act. The objective of this regime is to cont..
The fintech industry in Nigeria has helped to expedite financial inclusion. To this end, over 20 million new bank accounts have been opened via traditional banks and fintech companies since 2020, bringing the total banked population in Nigeria..
Safaricom PLC (Safaricom) and Visa Inc (Visa) recently announced the launch of the M-Pesa GlobalPay Visa virtual card (the M-Pesa Card). The partnership comes amidst the Central Bank of Kenya’s issuance of its National Paym..
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 ..
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..
“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..