Morocco's central bank governor announces draft law to regulate crypto assets, marking a significant step towards addressing challenges and opportunities posed by crypto in the country.
Swedish fintech startup Mynt secures €22 million funding to accelerate European expansion, catering to underserved SME market with AI-driven corporate cards and spend management solutions
Michael Gilroy, former head of fintech investments at Coatue, and Gokul Rajaram, a seasoned tech executive, are launching a new venture firm, targeting a $400-500 million debut fund.
A recent survey by Consensys highlights Nigeria and South Africa as having the highest crypto ownership rates globally, with Africa making notable progress in crypto adoption.
Nigeria's Economic Financial Crimes Commission seizes 753 houses in Abuja, reportedly linked to detained ex-central bank governor Godwin Emefiele, amid fraud and bribery allegations.
Billboxx, a Nigerian fintech offering invoicing and cash flow solutions to SMEs, has secured $1.6 million in pre-seed funding to expand its operations and product features.
Nigeria's Central Bank imposes fines on 29 banks for violating anti-money laundering and counter-terrorism financing regulations, highlighting the need for stronger compliance measures in the financial sector.
The Central Bank of Nigeria has fined two prominent fintech unicorns, Moniepoint and OPay, ₦1 billion each for compliance issues, as part of a broader crackdown on regulatory infractions in the sector.
Nigeria's monetary policy committee increases benchmark interest rate by 25 basis points to address rising inflation, with implications for banks and the economy.
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