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Rwanda Hopes to be the Fintech Capital of the Continent, While Kenya and Nigeria Look at Taxing Cryptocurrencies

Aug 22, 2023 | Comments Off on Rwanda Hopes to be the Fintech Capital of the Continent, While Kenya and Nigeria Look at Taxing Cryptocurrencies

Two of Africa’s biggest fintech players are expanding their operations in Rwanda, which is pushing to position itself as a strategically important hub for the fintech sector by revamping its…

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The Success of Africa’s Beauty Sector

Aug 22, 2023 | Comments Off on The Success of Africa’s Beauty Sector

The African market is one of the most lucrative for beauty businesses. According to Statista, the beauty industry currently increases between 8% and 10% per year against a global market…

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Online Betting Increases in Africa

Aug 22, 2023 | Comments Off on Online Betting Increases in Africa

This Newsletter has commented previously on the increase of online betting, which has become popular entertainment for young Africans. A few African countries, such as Nigeria, Kenya, SA, and Ghana,…

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SA’s Draft Electronic Communications Amendment Bill Casts a Wider Net

Aug 22, 2023 | Comments Off on SA’s Draft Electronic Communications Amendment Bill Casts a Wider Net

The Department of Communications and Digital Technologies (DCDT) in June published the Draft Electronic Communications Amendment Bill, 2023, which is intended to amend certain parts of the Electronic Communications Act…

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Regulation in Nigeria

Aug 22, 2023 | Comments Off on Regulation in Nigeria

In June the Data Protection Act, 2023 was signed into law by Nigeria’s President. The Act provides a legal framework for the protection of personal information, processing and transfer of…

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