Africa: Technology

The Code is voluntary, but it will likely become an important reference point for demonstrating compliance with Article 50 of the AI Act.

The European Parliament has approved targeted amendments to the EU Artificial Intelligence Act through the AI Digital Omnibus Regulation, introducing significant changes to implementation timelines and compliance requirements.

Artificial intelligence systems are already processing personal data and making consequential decisions across Nigerian industries, from finance to healthcare. While many assume AI remains unregulated in Nigeria until dedicated legislation arrives, organisations deploying credit-scoring algorithms, automated recruitment tools, and clinical decision-support models may already be subject to binding legal obligations under the country's existing data protection framework.

Nigeria's digital regulatory landscape has fundamentally shifted as enforcement actions against major corporations demonstrate that data protection, cybersecurity, and social media compliance are no longer optional.

Modern businesses depend on technology infrastructure that is often overlooked during M&A transactions, yet IT systems, software licenses, and data management frameworks are fundamental to operational continuity and business value.

The European Supervisory Authorities have released their inaugural annual report on major ICT-related incidents across the EU financial sector in 2025, revealing 3,383 incidents reported under DORA regulations.

As financial technology reshapes how consumers and businesses manage money, a century-old banking duty is gaining new relevance. The Quincecare duty requires financial institutions to pause suspicious payment instructions—but how does this obligation apply when traditional banks serve merely as infrastructure beneath fintech platforms? This analysis explores the duty's evolution from English case law through its modern application in layered payment systems.

South Africa's proposed payments reforms are expanding access to the national payment system for non-bank players, but they are also drawing clear regulatory boundaries.

South African fintech is entering a new phase where payments are becoming increasingly digital, embedded, and device-led, moving beyond traditional cards and cash.