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.
As traditional development assistance from major donors like the US and UK faces cuts, the need for sustainable, locally-led health solutions is growing.
Cameroon now accounts for over 70% of all mobile money activity in the six-nation CEMAC bloc, which the Bank of Central African States (BEAC) reported processed over €90bn in transactions in 2022.
The investment theses of Africa's CVCs are often less about radical disruption and more about pragmatic self-interest. African founders are taking note.
This bank-fintech tie-up is a noteworthy example of embedded finance in an emerging market, where a large incumbent institution opts to integrate a specialist’s technology rather than build its own competing product.
The Cairo-based startup is sacrificing recurring revenue and betting on a free platform to capture the MENA region's vast market of small businesses and social sellers.
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.
