Technology

Digital lenders face stricter rules as Nigeria’s FCCPC moves to protect borrowers

Nigeria's FCCPC has introduced new lending rules to better protect borrowers and rein in aggressive digital lenders, mandating transparency and stricter penalties for violations.CONTINUE READING ON TECHPOINT.AFRICA

Egypt’s EGX app signals digital shift in stock market access

Egypt’s stock exchange is going mobile. With the launch of the EGX app, it hopes to modernise investor access, increase transparency, and attract young,...

Banque Misr’s digital arm to launch Egypt’s first fully online bank in 2026

Banque Misr’s digital arm gets greenlight to launch Egypt’s first fully digital bank, onebank, set to operate entirely online by 2026.CONTINUE READING ON TECHPOINT.AFRICA

BNPL drives Valu’s $53 million in gross revenue

Egyptian fintech ValU is gaining momentum, growing its reach and challenging regional giants like MNT-Halan. With more customers, products, and market share, it’s fast...

Nedbank acquires South African fintech, iKhokha in $93 million cash deal

Pending regulatory approval, Nedbank is set to acquire Durban-based fintech iKhokha for $93.3 million to strengthen its SME digital offerings.CONTINUE READING ON TECHPOINT.AFRICA

5 questions about Egypt’s new FRA sandbox answered  

Egypt has unveiled its new FRA sandbox to regulate the country's non-banking financial sector. Here are five key points to understand, from what the...

NCC’s 5-year cooling-off rule aims to strengthen governance in Nigeria’s telecom sector

NCC introduces a five-year ban on former telecom regulators joining operators, aiming to curb conflicts of interest, boost transparency, and align with global best...

Naspers director sells $13.2 million worth of shares

Phuthi Mahanyele-Dabengwa, Naspers SA CEO, has sold R239.6m worth of shares to settle taxes on vested options.CONTINUE READING ON TECHPOINT.AFRICA

Ethiopia bans four US-based remittance firms over licence violations

Ethiopia has banned four US-based remittance firms for operating without licences and facilitating unauthorised cross-border transactions.CONTINUE READING ON TECHPOINT.AFRICA

Payaza secures SEC approval to raise ₦20 billion under commercial paper programme

Payaza has secured SEC approval to raise ₦20 billion in Series 3 and 4 of its ₦50 billion commercial paper programme.CONTINUE READING ON TECHPOINT.AFRICA

Revolut taps former Uber executive to lead Morocco operations

Revolut has hired former Uber executive Amine Berrada to lead its Morocco operations as it eyes licences in the country and South Africa.CONTINUE...