Africa's $3bn payments champion trades Wall Street polish for regional banking steel as executive turnover points to deferred listing plans and domestic regulatory friction.
In late 2024 and throughout 2025, the National Pensions Regulatory Authority (NPRA) tightened its grip on offshore investments, effectively blocking fund managers from moving capital abroad.
As Minister 'Bosun Tijani transitions the flagship 3MTT programme to its national stage, the country faces a widening gulf between its massive supply of tech talent and a financial engine that is fast evaporating under his watch.
Africa's $3bn payments champion trades Wall Street polish for regional banking steel as executive turnover points to deferred listing plans and domestic regulatory friction.
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.