Madagascar Central Bank Chief resigns, former executive manager at the International Monetary Fund (IMF) takes the reigns “Henri Rabarijohn, the governor of Madagascar’s Central Bank (BFM)) has stepped down from his position on health conditions ground… The Malagasy leader appointed Aivo Handriatiana Andrianarivelo to replace Rabarijohn, the Bank’s board of directors having urged President Rajoelina to appoint a new governor as soon as possible because the position is “strategic” and cannot be left unfilled.” Continue reading. Nigeria looks to ban cash withdrawals from government accounts to help fight corruption and further push for a cashless economy “Nigeria will ban cash withdrawals from government accounts from March 1 to tackle illicit activity and push toward a cashless economy. About 1.1 trillion naira ($2.4 billion) has been taken out of public accounts in cash since 2015, with most transactions exceeding legal thresholds…” Continue reading. Startup & Funding Activity  Egypt – UAE-based open finance platform, Fintech Galaxy, acquires Underlie, an Egyptian open banking platform
 Tanzania – Fintech startup, NALA, adds 19 Eurozone nations to its list of send countries to enable quick and affordable money transfer for the African diaspora Featured Article 22 things that happened for the first time in 2022 in the African tech scene – Daniel Adeyemi in TechCabal “2022 was a different year for the African tech ecosystem as the effects of the economic downturn shook the ecosystem. The year was filled with stories of triumph, failures, and progress. Here’s a list of 22 things that happened for the first time in the African tech ecosystem this year.” Continue reading. | 
