Africa tightens AI and Data Regulations as Stablecoin adoption grows in finance sector
A new report shows Africa is strengthening AI governance and data protection laws as financial institutions adopt stablecoins for cross-border payments and treasury management...
✨ Key Highlights
African nations are strengthening their regulatory frameworks for Artificial Intelligence (AI) and data protection as the adoption of stablecoins grows within the financial sector.
- 45 African countries have enacted data protection legislation, with 39 jurisdictions now operating fully functional regulatory authorities.
- The report highlights the work of Thelma Okorie, Group Data Protection and Privacy Counsel at Yellow Card.
- 16 African countries have adopted national AI strategies, with several progressing towards enforceable AI legislation, impacting financial institutions' AI-driven systems.
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Safaricom Sued Over Alleged AI Rights Violations - April 2026
Kenyan telecommunications giant Safaricom is facing a lawsuit for its alleged unconstitutional use of artificial intelligence (AI) in customer service and financial decisions involving its M-PESA platform. A Kenyan court has ordered Meta Platforms and its contractors to have senior officials testify in a separate lawsuit filed by 187 former Facebook content moderators who accuse the companies of forced labour, human trafficking, and mental health harm. At the same time, African nations are strengthening their regulatory frameworks for Artificial Intelligence (AI) and data protection as the adoption of stablecoins grows within the financial sector. Nairobi is also set to host the Kenya Blockchain and Crypto Conference (KBCC 2026) on May 14–15, focusing on the growing role of stablecoins and blockchain in Africa's payment systems.
