Multi-originator warehouse facility backed by IFC, Norfund, AfDB and SEDF aims to extend asset-backed finance beyond pay-as-you-go solar into electric vehicles and productive equipment.
With capital heavily concentrated in a handful of giants, Nithio’s FUEL vehicle aims to widen the financing pipeline for charging networks and fleet operators.
Shares in the mobile payments group, spun out of telecoms operator Airtel Africa, start full dealings after a subdued conditional trading period that valued the business at £5.3bn
Funding has plunged to an eight-year low, shutdowns are mounting, and commercial VCs are nowhere to be seen. Inside the sector’s grant-dependency crisis.
An analysis of disclosed funding rounds in 2026 shows that despite the proliferation of mega-syndicates, only a handful of investors repeatedly co-invest together.
The move follows MNT-Halan’s highly anticipated float on the Egyptian Exchange (EGX) on October 20, which was the country’s largest IPO in dollar terms since at least 2021.
A court judgment proves OPay granted share options in 2020. Its US filing never mentions them, and investors are left to guess whether that’s a gap or a non-issue.
The African fintech’s gross profit from device sales fell to $57.9m even as revenue rose 45%, exposing a structural shift in the economics of financing smartphones and e-bikes for the continent’s informal earners.
Deal gives the crypto exchange an owned settlement layer across developed–emerging market corridors - but proposed South African rules may restrict the very activity it enables.
A fatal road accident, local outcry over odours, and a burnt-out facility: Inside the regulatory and social crisis tearing apart one of North Africa’s premier green tech darlings, just months after it secured €18m with backing from British International Investment.
The collapse of Kenya's largest clean-cooking company is blamed on a government refusal to authorise carbon credit sales. A court ruling in Nairobi shows that a competition inquiry into its main supply contract was running alongside that dispute.
From 2 November, all electronic-money transfers in the eight-nation WAEMU bloc must run through a single central bank platform. Transfers up to 8,000 FCFA a day are free. Above that, fees are capped at 0.8 per cent.
The $1.7bn mobile money operator joined the PI-SPI system on deadline day alongside 175 institutions—ending closed-loop dominance across the $267bn WAEMU market.
British development finance institution bets that a lighter, decentralised alternative to mini-grids can help close one of the world's largest electricity access gaps - but the model's commercial viability still hinges on procurement and policy execution.
Multi-originator warehouse facility backed by IFC, Norfund, AfDB and SEDF aims to extend asset-backed finance beyond pay-as-you-go solar into electric vehicles and productive equipment.
A fatal road accident, local outcry over odours, and a burnt-out facility: Inside the regulatory and social crisis tearing apart one of North Africa’s premier green tech darlings, just months after it secured €18m with backing from British International Investment.
