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    CENTRAL AFRICA

    Fintech Unicorn Wave Taps Ex-MTN Exec to Lead Its Cameroon Operations

    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.

    A New Fintech Gold Rush in Cameroon — But Has the Market Really Changed?

    In 2022, it accounted for 71% of all mobile money transactions in Central Africa, totalling more than €90 billion

    Cameroon’s Fako Capital, I&P’s Latest Anchor Fund, Targets $500K Investments in High-Growth Startups

    Fako Capital joins a growing network of African impact funds nurtured by I&P

    French Bank’s African Fintech Arm YUP Leaves Investors with Over $8M Loss Post-Liquidation

    Originally launched in 2017 across seven African countries, including Côte d’Ivoire, Senegal, Burkina Faso, Guinea, Ghana, Madagascar, and Cameroon, YUP was Société Générale’s attempt to penetrate Africa’s fast-growing mobile payments market.
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    Four Years, Three Launches: Senegal Reboots Its Struggling Startup Act — Again

    After five years of legislative limbo and bureaucratic delays, Dakar has launched the digital tools necessary to make its 2020 Startup Act operational. But with regional rivals racing ahead, is it too little, too late?

    Morocco Activates $269M Liquidity Injection to Backstop Local VCs

    This marks one of North Africa’s most significant public interventions in venture capital to date.

    Rethinking Urban Work: Why the 15-Minute City Matters

    As CEO of Workshop17, Paul Keursten has observed how the geography of work affects business performance and quality of life. Here, he shares his lessons.

    Cannibalise to Conquer: Why Egyptian Fintech Valu Is Killing Its Legacy Loans for a Payment Moat

    For years, Valu has been one of Egypt’s standout buy now, pay later (BNPL) players. But its latest earnings report shows something more striking.

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    Four Years, Three Launches: Senegal Reboots Its Struggling Startup Act — Again

    After five years of legislative limbo and bureaucratic delays, Dakar has launched the digital tools necessary to make its 2020 Startup Act operational. But with regional rivals racing ahead, is it too little, too late?

    Morocco Activates $269M Liquidity Injection to Backstop Local VCs

    This marks one of North Africa’s most significant public interventions in venture capital to date.

    Hard Hardware: Why African EV Startups Are Struggling to Fit the VC Power Law

    For founders, the investor landscape dictates strategy.

    The HEC Paris Experiment: Can Policy + Capital Move Côte d’Ivoire From the Margins of African Tech?

    Can Côte d’Ivoire become a rare example of a working Startup Act in sub-Saharan Africa?