More

    Staff Writer

    Fintech Unicorn Wave Caves to Regulators as BCEAO Holds Firm on West Africa’s Payment Deadline

    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.

    The Commoditisation of LLMs Is Driving a Spree of Micro-AI Acquisitions

    Large language models can scrape the web, but they can't replicate deep domain expertise. From Cairo cold-emails to Cape Town acqui-hires, tech giants are paying up to buy niche capabilities.
    spot_img

    Keep exploring

    Wizall Money: The Corporate-Backed Moroccan Fintech Heats Up Competition to Displace Ivory Coast’s Djamo

     Wizall Money, a subsidiary of Moroccan banking giant Banque Centrale Populaire (BCP), is making...

    Former Assistant Convicted in Grisly Murder of Gokada CEO Fahim Saleh

    Tyrese Haspil, the former assistant convicted of the 2020 murder and dismemberment of tech CEO Fahim Saleh, awaits sentencing in September. The trial revealed a tale of embezzlement, betrayal, and a premeditated plot to silence a witness.

    Inside the Banking Shakeup in Ethiopia: What’s in Store for Fintech?

    Using international banks in Ethiopia helps fintech companies meet the 50 million birr ($869K) capital requirement more easily.

    Senegal to Implement 18% Tax on Foreign Digital Services from July 1st

    The value-added tax (VAT) on digital services in Senegal by foreign online suppliers and platforms will be implemented from July 1st, 2024.

    Egypt’s Connect Money Secures $8 Million Seed Funding to Expand Embedded Finance Solutions

    Connect Money, a prominent fintech firm specializing in embedded finance services, has successfully concluded...

    Uganda’s Ensibuuko Acquires Chomoka App Following Strategic Investment

    In a landmark move for financial inclusion in Africa, CARE, a leading humanitarian organization,...

    Nigerian Fintech Giant Flutterwave Downsizes Following $7.2m Alleged Security Breach

     Flutterwave, a leading African fintech startup headquartered in Lagos, Nigeria, has announced layoffs affecting...

    Digital Ghosts: Accused Data-Selling Websites Disappear as NIMC Denies Breach in Nigeria

    Some of the websites implicated in the data breach in Nigeria became inaccessible following reports.

    Google Exec Invites African Startups to Apply for 10k2Startup Funding

    African startups are invited to apply to join the 10k2Startup initiative, which aims to...

    Identities for Sale: Massive Data Breach in Nigeria Offers Sensitive Information for a Mere $0.06

     A major data breach has exposed millions of sensitive personal and financial information belonging...

    Fuzé Investment Series: Algerian HealthTech Startup Data Tyr Receives Funding Boost 

    Algerian health tech startup, Data Tyr, has announced a successful funding round through Digital...

    Downforce Raises $4.2M from Nairobi Investor to Help African Farmers Harness Soil Potential

    Downforce Technologies Limited, a pioneering startup in the field of soil organic carbon measurement...

    Latest articles

    Fintech Unicorn Wave Caves to Regulators as BCEAO Holds Firm on West Africa’s Payment Deadline

    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.

    The Commoditisation of LLMs Is Driving a Spree of Micro-AI Acquisitions

    Large language models can scrape the web, but they can't replicate deep domain expertise. From Cairo cold-emails to Cape Town acqui-hires, tech giants are paying up to buy niche capabilities.

    IFC Eyes $90M Equity Stake in Airtel Money as London IPO Gathers Momentum

    World Bank arm joins proposed listing of African fintech processing $245bn annually.

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.