Licensed, banned, undecided? Here’s the state of crypto licensing in Africa
Botswana became the first African country to issue a crypto license with the Virtual Assets Act in 2022. South Africa's Financial Sector Conduct Authority approved 248 crypto licenses by the end of 2024.
Egypt gives TikTok three-month ultimatum as creators brace for tighter regulations
Egypt's telecoms committee has called for TikTok to change its moderation practices within three months. The directive was issued during a meeting with TikTok Egypt's CEO and the head of the National Telecommunications Regulatory Authority.
Ghana moves to license crypto exchanges from September 2025
Ghana plans to license crypto exchanges by September 2025, indicating a regulatory shift. Approximately 17% of Ghanaians currently hold cryptocurrency, prompting regulators to catch up.
Visa debuts first data centre in South Africa
Visa launched its first data centre in Johannesburg, South Africa. The data centre is designed to enhance transaction speed, cybersecurity, and reliability across Africa.
