Although disputed claims represent less than 3.5% of lifetime originations, one lawsuit for every 15 active borrowers highlights the legal and administrative costs of enforcing unsecured loans in high-inflation markets.
A flurry of regulatory approvals for British heavyweights this week coincides with a major diplomatic push from Downing Street, signaling a new era for cross-border fintech in South Africa.
The veteran impact investor is targeting a $81.2m final close to back businesses in West Africa and Madagascar that are too big for microfinance but too small for traditional private equity.
The University of Stellenbosch spinoff is building a new facility in Cape Town to tackle Africa's reliance on imported active pharmaceutical ingredients.
Although disputed claims represent less than 3.5% of lifetime originations, one lawsuit for every 15 active borrowers highlights the legal and administrative costs of enforcing unsecured loans in high-inflation markets.