Official partnership with the International Compliance Association (ICA)
Equinox is proud to announce its official partnership with the International Compliance Association (ICA), a globally recognized leader in compliance training and certification. This milestone marks a significant step in our commitment to advancing talent development and enhancing compliance standards across Africa.
Addressing a Critical Need
Africa is poised for tremendous growth, with its working-age population expected to be the largest in the world by 2035. However, to remain competitive in the global marketplace, African businesses must prioritize developing the right talent with the right skills. For service-based industries like compliance, administration, and finance, this challenge is particularly acute. As businesses face increasing pressure to align with international compliance standards, the importance of having well-trained professionals cannot be overstated.
Through this partnership, Equinox is taking a proactive role in addressing one of the continent’s most pressing challenges: the need for robust compliance frameworks across industries.
Empowering African Talent
The partnership enables Equinox to offer world-class training and certifications from ICA, covering key areas such as:>
- Anti-Money Laundering (AML)
- Combating the Financing of Terrorism (CFT)
- Know Your Customer (KYC) and Customer Due Diligence (CDD)
- Sanction Compliance
- Fraud Prevention and Risk Management
- Transaction Monitoring
This training will not only strengthen our internal capabilities but also provide a valuable opportunity for businesses across the continent to upskill their teams and prepare for the future. With this initiative, we aim to create awareness about the importance of compliance for corporates, regardless of government action.
Why Compliance Matters
Compliance is no longer just a regulatory requirement—it is a critical driver of business sustainability and growth. Non-compliance carries significant risks, as seen in the economic impact of grey-listing by the Financial Action Task Force (FATF). Recent studies show that countries on the grey list can experience up to:
- 10% reduction in international payments
- 7.6% decline in capital inflows
- 3% drop in foreign direct investment (FDI)
These challenges extend to businesses operating in grey-listed countries, which face higher borrowing costs and reduced access to capital markets. As highlighted in recent discussions with FATF and Kenyan professional service providers, companies must take responsibility as the first line of defense in compliance.
An Invitation to Collaborate
Our partnership with ICA is an opportunity for businesses—whether in fintech, traditional banking, crypto, gaming, or other industries—to strengthen their compliance foundations. By adopting global best practices, these companies can enhance their ability to access capital, build customer trust, and position themselves for long-term success.
We invite businesses to join us in this journey to elevate compliance standards across Africa. Together, we can equip teams with the knowledge and tools they need to meet international expectations, reduce risk, and seize the opportunities of a connected world.
Let’s shape the future of compliance and talent development in Africa, one certification at a time.
For more information about our partnership with ICA or to register for training programs, please contact us at learning@eqncs.com.