The Latest FinCrime News from Africa
-
South Africa Exits From EU’s Grey List Following Substantial AML Reform
South Africa celebrates its official South Africa AML victory as international monitors confirm the nation has addressed strategic deficiencies and...
-
Nigeria Mandates Strict Identity Linkage to Curb Crypto Laundering
Nigeria has introduced a strict Nigerian Crypto Anti-Money Laundering Framework that links all digital asset transactions to national identificatio...
-
Botswana and Ghana Set the Tone for Africa’s Needed Financial Reforms
Ghana and Botswana are leading a continental shift toward stronger AML and terrorism financing controls, combining regulatory reform with civic acc...
-
Africa’s Coordinated Crackdown Exposes Terrorism Financing Web
Operation Catalyst exposed how terrorism financing in Africa relies on virtual assets, fraud and informal networks, reshaping global counter-terror...
-
Agent Banking Under Watch: Nigeria’s New Rules to Block Money Laundering Networks
Nigeria’s 2025 Agent Banking Guidelines introduce stringent AML rules linking biometric IDs, transaction tracking, and accountability for every age...
-
Liberia’s FIA Sends Strong Message with LBDI L$18.5 Million AML Fine
Liberia’s FIA fined LBDI L$18.5 million after uncovering major AML failures, including weak governance, missing risk assessments, and unreported su...
-
A Consolidated View from FATF Follow-Up AML Reports on West Africa
AML in West Africa is evolving, with Benin, Cabo Verde, Togo, and Burkina Faso making legislative progress but still facing FATF compliance gaps in...
-
439 Million Recovered in Landmark Anti-Laundering Global Operation Led by Interpol
Operation HAECHI VI revealed how money laundering sustains cyber-enabled financial crime, with USD 439 million recovered across 40 countries.
-
Fierce Fight Against Terrorism Financing in Somalia Gains Momentum
Somalia’s long struggle against terrorism financing has evolved from piracy and charcoal smuggling to modern money laundering networks. US-Somalia ...
-
Nigeria’s FIU and the British Government Drive First PPP to Tackle Financial Crime
NFIU and the British government launch Nigeria’s first Public-Private Partnership to strengthen AML CFT efforts and disrupt financial crime networks.
-
ESAAMLG Launches Ambitious $5.2 Million Plan to Strengthen AML Compliance
AML capacity building in Eastern and Southern Africa receives a $5.2 million investment, strengthening financial crime compliance and supporting ES...
-
Can South Africa Secure Removal from FATF Grey List in 2025?
FATF greylist review places South Africa under international scrutiny as global experts evaluate the country’s AML compliance progress, legislative...
-
FATF Diversity Initiative Gains Ground as Nigeria Joins Decision Process
FATF’s invitation to Nigeria to join its decision making marks a turning point for regional AML leadership, advancing diversity and innovation in g...
-
Civil Society Drives Fresh Momentum Against Money Laundering in West Africa
Civil society organizations are helping reshape the fight against money laundering in West Africa, strengthening partnerships, advocacy, and grassr...
-
World Bank urges Kenya to boost anti-money laundering compliance
Kenya’s anti-money laundering laws are under review as the country seeks to improve compliance and boost its global reputation.
-
How AI-Powered AML is Shaping the Future of Nigeria
CBN’s AI-powered AML framework marks a new era in Nigeria’s fight against financial crime with advanced technology and global compliance standards.
-
Liberia’s Staggering L$15M AML Fines Spark Urgent Compliance Action
Liberia’s FIA imposed L$15 million in fines on two firms for AML/CFT breaches, marking a new era of strict compliance discipline.
-
Digital Asset Regulation: Ghana’s September Milestone
Ghana’s digital asset regulation launches in September 2025, offering consumer safeguards and innovation under a comprehensive licensing framework.
-
South Africa Implements the Crypto Travel Rule to Strengthen Financial Integrity
South Africa enforces the Crypto Travel Rule to enhance financial transparency and align with global standards, impacting CASPs and consumers alike.
-
Liberia Slaps Lonestar Cell MTN Mobile Money with L$25M Fine
Liberia AML fine highlights major compliance gaps at LCMMMI, signaling tougher oversight in Liberia’s growing digital finance sector.
Other News From Africa
South Africa Exits From EU’s Grey List Following Substantial AML Reform
South Africa celebrates its official South Africa AML victory as international monitors confirm the nation has addressed strategic deficiencies and secured its removal from the grey list of high risk jurisdictions.
Nigeria Mandates Strict Identity Linkage to Curb Crypto Laundering
Nigeria has introduced a strict Nigerian Crypto Anti-Money Laundering Framework that links all digital asset transactions to national identification numbers to eliminate anonymity and prevent the laundering of illicit funds through exchanges.
Botswana and Ghana Set the Tone for Africa’s Needed Financial Reforms
Ghana and Botswana are leading a continental shift toward stronger AML and terrorism financing controls, combining regulatory reform with civic accountability and a renewed culture of integrity.