Africa FinTech Report

Market Snapshot

• Africa is a key fintech investment destination due to its booming population, financial exclusion levels, and mobile-reliant population
• Africa was the region least hit by the venture capital (VC) retreat of early 2022
• 2021 was the year of fintech mega-deals in Africa, with Nigeria, Egypt, SA, and Kenya leading the pack

UK Prime Minister Rishi Sunak reshuffles Governmental Departments and Ministerial Portfolios

On Tuesday 7th February 2023, Prime Minister Rishi Sunak announced a number of changes to existing Government Departments and Ministerial Portfolios. You can view the changes here.

National Treasury draft Green Fiscal Incentives Policy Framework

The National Treasury and Planning has developed a National Policy Framework on Green Fiscal Incentives which seeks to identify and prioritize the implementation of a coherent suite of green fiscal reforms. You can access the draft policy framework here.