From Lagos to Nairobi

Nigeria’s financial regulator, the Central Bank of Nigeria, is stepping deeper into the digital asset space with the launch of a virtual asset-focused anti-money laundering (AML) supervision framework. This marks a clear transition from its previously restrictive stance on crypto-related activities to a more structured, compliance-driven approach aimed at monitoring and controlling risks in the…

The Kenyan government is tightening the reins on cryptocurrency marketing with proposed rules that would require virtual asset service providers to follow strict advertising standards — or face serious consequences, including fines and even potential jail time. The new draft regulations, released by the Kenya National Treasury, form part of a broader effort to formalise…

Recent reports about workforce layoffs at tech giant Oracle have reignited a perennial debate in corporate management: how should companies handle employee terminations, especially when long-serving staff are involved? Critics of Oracle’s approach — described by some as “ruthless” — argue that abrupt or overly structured terminations can erode trust, demoralize remaining staff, and tarnish…

In South Africa, the local betting industry is ringing alarm bells about a surge in offshore, unlicensed gambling activity and is urging banks and financial institutions to block payments to foreign gambling sites. The concern from the South African Bookmakers Association stems from a recent report showing that illegal offshore platforms now dominate roughly 62 per cent…

Uber Technologies has captured headlines with its plan to channel roughly $293 million (about R5 billion) into its South African business over the coming years, a pledge made against the backdrop of ongoing regulatory uncertainty in the country’s e‑hailing sector. The announcement, made at the South African Investment Conference, reflects both Uber’s long‑term confidence in the South African…

In a major development for African mobility tech, Angolan startup ANDA has reportedly pulled in a fresh investment round totalling $1.2 million, underscoring growing investor confidence in solutions that tackle informal transport markets on the continent. While exact investor details and deal structure are still emerging, the buzz around this raise reflects wider trends in African…