More
    HomeEcosystem NewsCENTRAL AFRICA

    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.
    spot_img

    Keep exploring

    Meet the 9 VCs Tasked With Deploying Morocco’s New $270m Startup War Chest

    The shortlist, culled from 47 applications, relies heavily on international operational experience.

    GIP Secures $20m as Ghanaian Pension Funds Ditch Government Debt for Private Equity

    A decisive policy shift in Accra is forcing domestic pension schemes to look past government securities, creating a sudden liquidity pool for private market intermediaries.

    Optasia’s Growth Is Coming From Where Few Investors Are Looking

    The Dubai-headquartered lending platform's most revealing growth story is not in Africa's largest markets.

    South Africa’s OneBio Secures Funding to Build Africa’s ‘Biotech Factory’ Amid a Deep Tech Reality Check

    The Cape Town venture studio is doubling down on its hybrid model, but a high failure rate highlights the structural hurdles of scaling science in Africa.

    Latest articles

    Meet the 9 VCs Tasked With Deploying Morocco’s New $270m Startup War Chest

    The shortlist, culled from 47 applications, relies heavily on international operational experience.

    GIP Secures $20m as Ghanaian Pension Funds Ditch Government Debt for Private Equity

    A decisive policy shift in Accra is forcing domestic pension schemes to look past government securities, creating a sudden liquidity pool for private market intermediaries.

    “We’re Not Monitoring Energy — We’re Deciding What Happens Next”: Inside PowerLabs’ Bet on Automation

    "The most important lesson we’ve taken from this journey is how much your team determines everything else."

    Standard Bank Leads $330m Refinancing for JSE-Listed AI Fintech Optasia

    Optasia, which made history in November 2025 as the largest fintech IPO on the JSE, uses proprietary AI to provide credit scoring and micro-lending to unbanked populations.