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    Why African Fintech PalmPay Is Eyeing Hong Kong for a $1bn IPO

    Nigeria's two largest mobile payment heavyweights are both eyeing IPOs, but their target exchanges tell a story of contrasting global ambitions.

    Egyptian Venture Funds Hunt for Cash Returns Amid Liquidity Crunch

    Cairo-based investors pivot from portfolio mark-ups to partial divestments and trade sales to satisfy foreign limited partners.
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    Egypt Goes for Remittance Digitization, Part Two: Big Players Tighten Their Grip

    In a bid to fortify its foreign currency reserves and modernize money transfers, the...

    Ethiopia Rings the Bell: Stock Market Returns After Five Decades

    Ethiopia, Africa’s second most populous nation with approximately 120m people, experienced robust economic growth, often exceeding 10 per cent annually, between 2004 and 2019.

    29 Deals in 2024: Digital Africa Prepares for Bigger Checks in 2025

    With an investment envelope of €6.5m, Fuzé provides seed funding and follow-on investments.

    Visa Revives Africa Fintech Accelerator as Investment Landscape Tightens

    Applications for the 2025 Visa Accelerator Program for fintech startups in Africa are open until March 15, 2025.

    Over 35% of MultiChoice’s Revenue Now Flows Through Fintech Firm Moment

    Launching with Showmax and DStv as initial clients, Moment started processing payments for parts of the Multichoice group in January 2024.

    Egypt’s Money Fellows Ramps Up Morocco Expansion, Onboards Key Enabler

    Network International’s entry into Morocco last September further strengthens Money Fellows’ expansion plans.

    With Billion-Dollar Wind in its Sails, Nigeria’s Moniepoint Charts UK Course

    Moniepoint has engaged CLA Evelyn Partners Limited, an FCA-regulated auditing firm, to ensure compliance with the UK’s stringent financial standards.

    African Crowdfunders Have Little Patience for Troubled Startups

    In 2020, Nigeria’s Metro Africa Xpress (MAX) faced a crisis when Lagos State banned ride-hailing platforms, leaving the company struggling.

    AI-Generated ‘Legal Fiction’ Causes Uproar in South Africa

    “Of the nine cases referred to and cited, only two could be found to exist, albeit that the citation of one was incorrect.”

    Sanabil’s $3 Billion Annual Startup Investments Now Target North Africa with Orbit Accelerator

    Selected startups will receive an initial investment of $100,000, with potential for follow-on funding.

    One Year, Another Tax: Mobile Money Users in Cameroon Cry Foul Yet Again

    For newcomers, the market’s hostility is legendary.

    As Tourists Flock to Morocco, Tech Hubs Spring Up in Their Wake

    The country will host the Africa Cup of Nations in 2025, expected to attract around 500,000 visitors, and is part of a joint bid to host the 2030 FIFA World Cup.

    Latest articles

    Why African Fintech PalmPay Is Eyeing Hong Kong for a $1bn IPO

    Nigeria's two largest mobile payment heavyweights are both eyeing IPOs, but their target exchanges tell a story of contrasting global ambitions.

    Egyptian Venture Funds Hunt for Cash Returns Amid Liquidity Crunch

    Cairo-based investors pivot from portfolio mark-ups to partial divestments and trade sales to satisfy foreign limited partners.

    Canal+ and General Catalyst Back African Payments Startup Moment in $22M Series A

    “Within three years of launch, we are processing for some of Africa’s leading brands.”

    Valu Tests New $20M Debt Deal amid Central Bank Squeeze

    The transaction arrives amidst a major regulatory reset for Egypt’s structured finance market.