Policy & Regulation

Flutterwave CEO on why African fintechs want to become banks

[[Title]] Flutterwave CEO Explains Why African Fintechs Are Seeking Banking Licences [[Excerpt]] African financial technology companies are increasingly acquiring microfinance and commercial banking licences to deepen customer relationships and secure direct settlement capabilities. According to Flutterwave chief executive Olugbenga Agboola, transitioning into licensed deposit-taking institutions

AfroTech Horizon Newsroom 2 min read

Policy & Regulation

Nigeria’s identity agency says its database is locally hosted and managed by staff

The National Identity Management Commission has reaffirmed that Nigeria's national identity database is hosted locally within the country and managed entirely by internal staff. As the agency scales enrolment toward a 95 per cent national coverage target, it is implementing local data hosting and user consent management tools across its identity authentication services.

AfroTech Horizon Newsroom 2 min read