The Telecom regulator in Guinea announced new measures to reorganize the e-payment sector. The decision follows the adoption last December 9 of a new law on e-transaction in the country.
Arpt established several specifications to prevent abuse and defined a guideline for the sector’s players. They include providers of mobile money solutions, mobile banking, electronic payments, electronic cards, e-commerce, and online banking transactions. The regulator also planned fees to be collected by the State.
During a press conference last December 6, Yacouba Cissé (pictured), MD of Arpt, explained that the new regulatory measures being developed will allow the State to ensure better regulation of the electronic payment activity, "particularly on aspects related to the protection of personal data of users, network security, certification of information systems of operators and certification of electronic payments.”
Let’s recall that the Guinean government adopted last December 9 a Decree D/2021/0196/PRG/CNRD/SGG on the regulation of electronic transactions in the Republic of Guinea. In its Article 5, the decree stresses that Arpt has administrative police powers and the authority to carry out a regular and complete audit or to certify networks and information systems of legal persons, public or private law established and operating in electronic transactions in the Republic of Guinea.
Karamo Kaba, the director of regulation and electronic transaction of the Arpt, reassured during the Dec 6 press conference that the new measures are part of "a mission of supervision and not sanctions.”
Muriel Edjo
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...
BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...
West African Development Bank allocates $131.8 million to support cotton sectors in Burkina F...
South Africa, Nigeria, and Kenya rank as Africa’s most competitive outsourcing hubs Seven African countries place in the global top 25, matching Asia’s...
PowerGen and Noclink launch 1.8 MW solar plant for plastic production and recycling Project reflects broader push to cut energy costs in industrial...
Niger and Morocco signed 14 agreements covering infrastructure, trade, agriculture and other strategic sectors. The deals followed the 5th session of...
Schiba plans to launch a life insurance subsidiary to expand its financial services arm. Côte d’Ivoire’s insurance market grew 10% in 2025, driven by...
Sungbo Eredo, located in southwestern Nigeria near the Yoruba town of Ijebu-Ode, stands as one of the most remarkable yet overlooked monuments of...
“Dodji, l’Archet Vodoun” is a documentary about reconnecting with ancestral culture to understand one’s origins, following an initiation ceremony that...