RegTech Africa Newsletter Issue 8 Your Trusted Source for Regulatory Technology Insights
This issue will explore how artificial intelligence is revolutionizing how regulators and businesses in Africa are approaching compliance. From automating tasks to detecting real-time risks, AI is becoming a critical tool for improving efficiency and accuracy across industries.
Stay informed with our bi-weekly roundup of insights and solutions shaping compliance, policy, regulation, technology, and innovation across Africa, helping businesses and institutions stay ahead in an ever-evolving landscape.
Featured Article: Artificial Intelligence: Transforming the Future of Regulatory Compliance in Africa.
As Africa continues to innovate and modernize its regulatory landscape, artificial intelligence (AI) is emerging as a key driver of change in compliance practices. AI’s ability to automate processes, detect risks in real-time, and improve accuracy is revolutionizing how businesses and regulators approach compliance.?
From streamlining reporting to enhancing market surveillance, AI is reshaping the global regulatory environment. In this article, we explore how AI is transforming regulatory compliance in Africa and how businesses can leverage these advancements to stay ahead. Read the full article here
Industry Insights: What's New in RegTech?
Ethiopia Launches Fayda Digital ID System to Transform Banking Transactions
Ethiopia has rolled out a mandatory national digital ID system, Fayda, for all banking transactions as part of its ambitious digital transformation agenda. This initiative is central to the country’s digital government strategy, designed to modernize the financial sector, enhance security, and expand financial inclusion.? [Read more]
Mastercard Strengthens West African Presence with New Office in Ghana
Mastercard has unveiled its first office in Accra, Ghana, marking a pivotal milestone in its expansion strategy across West Africa. This move demonstrates Mastercard’s commitment to fostering a dynamic and inclusive digital economy by introducing innovative financial products and services tailored to the Ghanaian market. [Read more]
MTN Nigeria Earns Compliance Management System Certification
MTN Nigeria has achieved a significant milestone by becoming the first Nigerian organization, the first company in the telecommunications sector, and the first within the MTN Group to receive the Compliance Management System (CMS) certification from the International Accreditation Service (IAS). [Read more]
Visa Unveils Fourth Africa Fintech Accelerator to Empower Startups
Visa has announced the launch of the fourth edition of its Africa Fintech Accelerator, a three-month initiative aimed at empowering startups through mentorship, technological resources, and funding opportunities. Applications for this year’s program are open until March 15, 2025.? [Read more]
NYDFS and Bank of England Launch Exchange Program to Strengthen Crypto Regulation
The New York Department of Financial Services (NYDFS) has announced the launch of a pioneering exchange program in collaboration with the Bank of England, aimed at enhancing regulatory expertise in digital assets and emerging payment systems [Read More].
Event Spotlight: Upcoming Industry Events
Exciting Announcement: RegTech Africa Conference & Awards 2025
The global spotlight will be on Africa from May 22-23, 2025, as the RegTech Africa Conference and Awards takes place at the Oriental Hotel in Lagos, Nigeria. This year's event, under the theme “Unlocking Africa’s Cross-Border Payments, Trade, and Investment Opportunities through Public-Private Partnerships”, promises to foster actionable dialogue, and groundbreaking partnerships, and showcase cutting-edge solutions to drive Africa’s economic future.?
Join over 1,000 global participants, including policymakers, trade experts, investors, and industry leaders, as we work together to overcome challenges and unlock Africa’s vast growth potential. Don't miss this opportunity to be part of the continent's transformation! Register and learn more.
Experience the pinnacle of industry excellence at the ???????????????? ???????????? ????????????, the leading summit on financial services innovation and excellence in the EMEA region. With 26 successful editions, FINNOVEX is the go-to destination for over 50,000+ top professionals and thought leaders from around the world converging for cutting-edge insights, groundbreaking collaborations, and unparalleled thought leadership.?
Join us on the 25th of February, 2025 as we bring together the brightest minds in the banking and financial services industry to discuss how emerging technologies are reshaping the landscape. [Register now]
领英推荐
WIRE 50: Nominate Women Leaders Shaping RegTech in Africa
In celebration of International Women’s Day 2025, we will be honoring 50 women transforming regulatory technology in Africa. Do you know a woman who is making a significant impact in RegTech, compliance, policy, or technology??
The deadline for nominations has been extended to January 20th, 2025! Don’t miss the opportunity to honor 50 trailblazing women who are driving innovation, compliance, and policy and shaping the future of regulatory technology in Africa.
Let’s come together to celebrate the women who are breaking barriers, transforming regulation, and driving progress in the RegTech industry. Nominate now?
Help us shine a spotlight on the women who are shaping the future of RegTech in Africa!
Be Part of the RegTech Africa Community
Join a growing network of professionals, innovators, and leaders shaping the future of compliance, regulation, and technology in Africa. Whether you're exploring proactive strategies, sharing best practices, or seeking exclusive resources, this community is your go-to platform for staying ahead.
Be part of the conversation that’s driving innovation and accountability across Africa. Sign up today to join the movement and make a difference in Africa’s regulatory landscape!
HORIZON-100: Recognizing Leaders in Regulatory Technology
We’re still accepting nominations for the 2025 edition of HORIZON-100, the platform that celebrates the most innovative companies and individuals in regulatory technology across Africa. HORIZON-100 is your opportunity to shine a spotlight on key innovators in Africa’s digital regulatory landscape. Nominate them today and be part of celebrating their achievements!
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Top 5 Trending News:
The Nigerian Exchange Group (NGX) Plc is leveraging its six decades of experience to support the Ethiopian Securities Exchange (ESX), Ethiopia’s first-ever stock exchange, in a bid to foster stronger integration across African capital markets.
The World Bank’s Board of Executive Directors discussed a new Country Partnership Framework (CPF) for Namibia, which outlines the World Bank Group’s strategy in the country for FY2025 to FY2029. The CPF’s overarching goal is to support Namibia to promote economic growth and reduce inequality in a sustainable manner, by facilitating job creation and better access to quality public services.
Mukuru, a global remittance platform facilitating money transfers from South Africa and the United Kingdom to Africa, Europe, and Asia, has officially launched the Mukuru Wallet in Zimbabwe. This milestone comes shortly after Mukuru obtained a Deposit-Taking Microfinance Institution (DTMFI) license from the Reserve Bank of Zimbabwe, reaffirming its dedication to advancing financial inclusion and digital transformation.
The Group CEO of Nigerian Exchange Group Plc (NGX Group), Temi Popoola, has underscored the transformative potential of Africa’s capital markets at the launch of the Ethiopian Securities Exchange (ESX).
The Securities and Exchange Commission (SEC) of Nigeria has announced measures to strengthen the regulatory framework for government and corporate borrowing, aiming to enhance financial sustainability across all sectors. This initiative comes in response to a recent Supreme Court ruling mandating the direct disbursement of subventions from the federal government to Nigeria’s 774 local government areas.