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.

    African Fintech’s Debt Shift Comes With a Catch

    Headline totals hit $1.9bn, but a surge in collateralised debt and shrinking medians reveal a market concentrating around asset-heavy giants.
    spot_img

    Keep exploring

    E-Commerce Startup Copia Retreats from East and West Kenya as Cash Crunch Bites

    Copia Kenya, an e-commerce startup once hailed for its innovative business model, has ceased...

    Tech Dream Goes Haywire: Salaries Crash, Software Developers Seek Emigration from South Africa

    The information technology (IT) sector in South Africa experienced a slowdown in hiring during...

    Diplomatic Showdown: US Congress Pressures Biden to Free Binance Executive Detained in Nigeria

    In an urgent appeal, a coalition of US lawmakers has called on President Joe...

    Applications Open for UNDP’s $1 Billion Timbuktoo Fintech Startup Accelerator

    The United Nations Development Programme (UNDP) has launched the Timbuktoo Fintech Startup Accelerator Program,...

    Local Fintech Selcom Buys Access Microfinance Bank Tanzania: IFC, KfW, Others Divest After 15 Years

    Access Microfinance Bank Tanzania Limited (AMBT) has officially transitioned to Selcom Microfinance Bank, following...

    South Africa’s Revio Rebrands as Precium, Eyes Global Payments Dominance After $5.2M Seed Round

    Revio, the South African payments platform known for its robust enterprise solutions, has announced...

    Nigeria’s Central Bank Lifts Suspension on New Accounts for OPay, Kuda Bank

     The Central Bank of Nigeria (CBN) has lifted its restriction on new customer onboarding...

    Egyptian Digital Insurance Startup Mal Bazaar Acquires Brokerage, Expands Services

     Mal Bazaar, a prominent Egyptian insurance technology (InsurTech) company, today announced a major expansion...

    To Scale in Morocco, Global Delivery Giant Glovo Leverages Local Startups: Who Are They?

    Glovo, a leading global delivery platform, has carved out a notable presence in Morocco...

    Britain’s First Digital Bank Unicorn, Revolut, Takes on African Remittance Startups

    London-based Revolut, the UK’s first digital bank to achieve a $1 billion valuation, is...

    African Agtech Startup Gro Intelligence, Funded by EchoVC, Crashes Despite $100M+ Investment

    Gro Intelligence, a Nairobi-founded agricultural insights platform and once a promising unicorn in the...

    Egyptian Middle Mile Logistics Innovator Ecomilez Raises Pre-Seed, Partners with Vhubs for Regional Expansion

    Ecomilez, a leading Egyptian logistics startup specializing in Middle Mile (Linehaul) solutions, has announced...

    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.

    African Fintech’s Debt Shift Comes With a Catch

    Headline totals hit $1.9bn, but a surge in collateralised debt and shrinking medians reveal a market concentrating around asset-heavy giants.

    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.