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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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    IFC Backs Aruwa Capital’s $50M Second Fund as It Eyes Ghana Expansion

    Ticket sizes for ACF II are expected to range between $1m and $3m, focusing on businesses that have moved beyond the seed stage but remain too small for global PE players.

    Delta40 Secures $20M for Africa’s First Integrated Studio-and-Fund Model

    The studio typically writes initial checks between $100k and $500k. However, the real value proposition is the “capital leverage.”

    When a Multilateral Bank Goes Seed-Stage: Afreximbank’s Startup Gamble

    This accelerator is not a standalone experiment; it is the logical progression of a more aggressive investment strategy.

    Profits in the Gulf, Compliance Headaches at Nasdaq: The $35m Race to Save Swvl’s Ticker

    Despite the operational turnaround, Swvl is still fighting for its life on the public markets.

    Latest articles

    IFC Backs Aruwa Capital’s $50M Second Fund as It Eyes Ghana Expansion

    Ticket sizes for ACF II are expected to range between $1m and $3m, focusing on businesses that have moved beyond the seed stage but remain too small for global PE players.

    Delta40 Secures $20M for Africa’s First Integrated Studio-and-Fund Model

    The studio typically writes initial checks between $100k and $500k. However, the real value proposition is the “capital leverage.”

    Riding Morocco’s Fintech Wave, AfricInvest Moves to Acquire Vantage Payment Systems

    A new heavy hitter is entering the Moroccan fintech landscape, in what feels like the next chapter after local fintech Cash Plus went on a highly successful IPO last year.

    Death by Paperwork: How African Governments Quietly Became Their Startups’ Biggest Risk

    How regulation - once an afterthought in Africa's startup boom - quietly became the continent's most powerful market force. And what happens when it arrives too late, too fast, and all at once.