Yoco's Katlego Maphai is the latest long-serving founder to hand over the reins, signaling a new phase of maturity for the continent's top tech companies.
Capital is flowing to African blockchain companies solving long-standing problems of currency volatility, cross-border payment friction, and financial exclusion.
The search is backed by Andile Ngcaba, the founder and Executive Chairman of Convergence Partners Investments, and a host of Africa's leading deeptech companies.
The Nasdaq-listed South African fintech has quietly added another small enterprise-focused company to its portfolio, paying cash for a fintech business as it continues to widen its offering for large-scale clients.
The Egyptian investment bank is carving out a reputation as the region's most prolific corporate incubator, following last year's blockbuster valU IPO with a listing request for its K‑12 education platform - but a jittery market will test investor appetite.