Insights & Analysis

The regulatory pulse of the continent.

Deep analysis, regulatory-change alerts, and practitioner commentary from the Veritas team, cited to the instruments that drive them.

AfCFTA ★ Featured · Opinion
Opinion

Passporting in African fintech: streamlining expansion without escaping local rules

The AfCFTA Protocol on Trade in Services commits 54 State Parties to progressively liberalise financial services. But liberalisation is not deregulation, and the operators who understand that distinction will define the next decade.

Evans Adika · May 8, 2026 · 11 min read
All Regulatory Updates Deep Analysis Market Intelligence Opinion FATF & Risk
ETH
Deep Analysis

Ethiopia's Big Bang: the regulatory map to Africa's last great liberalisation

Proclamation 1360/2024 opened banking. The ESX launched a stock exchange from scratch. Safaricom broke a telecom monopoly. The birr floated. Four structural reforms in eighteen months.
Evans Adika · May 2026 · 14 min read
FATF
FATF Alert

South Africa's FATF grey-list exit: what changed and what didn't

South Africa is expected to exit the FATF grey list in 2026. We benchmark progress across the eight-point action plan and ask whether the underlying AML/CFT gaps have genuinely closed.
Veritas Intelligence · Apr 28, 2026 · 8 min read
BoG
Regulatory Update

Ghana's BoG PSP licensing tiers explained: Dedicated EMI, Enhanced and Standard

The Bank of Ghana has formalised four licensing tiers for payment service providers. We break down the capital requirements, scope, and obligations for each, and what it means for fintechs entering the market.
Evans Adika · Apr 22, 2026 · 10 min read
DPA
Deep Analysis

The African data-protection wave: 18 countries, 18 approaches to GDPR alignment

From Kenya's DPA 2019 to Egypt's PDPL 2020 to the DRC's proposed bill, we compare how eighteen jurisdictions implement data protection: transfer mechanisms, breach notification, and regulator powers, side by side.
Veritas Intelligence · Apr 15, 2026 · 14 min read
FIN
Market Intelligence

Fintech licensing across Africa: where you can launch in 90 days, and where it takes 18 months

We analysed PSP, EMI and mobile-money licensing timelines across twenty jurisdictions. The fastest is Rwanda, at a 45-day sandbox. The slowest runs twelve to eighteen months.
Veritas Intelligence · Apr 8, 2026 · 9 min read
DRC
Regulatory Update

DRC Mining Code 2018, three years on: what's working, what's not, and what's coming

The 2018 reform raised royalties to 10% for strategic substances and imposed aggressive local-content targets. We assess compliance, investor response, and the proposed 2027 amendments.
Veritas Intelligence · Mar 31, 2026 · 11 min read
VIEW
Opinion

Why Africa doesn't have a Bloomberg Terminal for regulatory compliance, and why it should

The continent's regulatory environment is more complex than any single market, yet the tools are either too narrow or too shallow. It is time for regulatory intelligence infrastructure.
Evans Adika · Mar 24, 2026 · 7 min read
AML
FATF Alert

Conflict-minerals due diligence in 2026: what the EU regulation means for African supply chains

EU Regulation 2017/821 is now fully enforced. We map the compliance chain from an artisanal mine site in eastern DRC to the EU importer: iTSCi, RMAP and LBMA requirements.
Veritas Intelligence · Mar 17, 2026 · 13 min read
IFC
Market Intelligence

Mauritius vs Seychelles vs Rwanda: which African IFC fits your structure?

We compare tax rates, substance requirements, treaty networks, VASP licensing, and beneficial-ownership transparency across the three leading African international financial centres.
Veritas Intelligence · Mar 10, 2026 · 10 min read
COFI
Regulatory Update

South Africa's COFI Bill: what activity-based licensing means for fintechs

The COFI Bill replaces sector-based licensing with an activity-based model: one licence instead of three. We explain the transition and what to prepare.
Veritas Intelligence · Mar 3, 2026 · 9 min read