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.
The investment from Afreximbank's equity arm, FEDA, aims to move the continent beyond raw ore exports and capture the lucrative processing and manufacturing value chain.
A US aid pullout nine months ago triggered fears of an ecosystem collapse. But while early-stage startups are failing in record numbers, late-stage mega-deals are pushing funding to new highs. What's really going on?
A 2025 analysis reveals over $50M in angel-backed deals as organized networks professionalize to fill the pre-seed void, but a total lack of exits poses a long-term threat.
A mix of established mini-grid operators, a family-run business, and a media giant's new energy venture are among the first to receive funding to build hundreds of solar mini-grids across Nigeria.
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.