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    WESTERN AFRICA

    A Giant Digital Payment System is Underway in Francophone West Africa. And 90 Institutions Have Joined

    The new system, operational 24/7, allows for real-time, round-the-clock transactions of any kind, regardless of the account type.
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    WESTERN AFRICA

    Nigeria Freezes Over $37 Million in Cryptocurrency Linked to Protest Organizers

    While the EFCC did not disclose the identities of the wallet owners in its application, insiders have indicated that the wallets are connected to individuals involved in organizing the ongoing protests against the Nigerian government.
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    NORTHERN AFRICA

    Egypt’s Leading Fintech Fawry Made $13.9M in Profit in the First Half of 2024, a 111% Improvement

    Fawry processes over 4 million transactions daily and serves approximately 51 million users each month.
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    Latest Funding

    Launch Africa Ventures Investment Series: Fintech Startups Cauri Money and Kredete Join the List

    The platform connects borrowers and lenders, streamlining the lending process from application to repayment.
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    Egyptian Fintech Lucky Hits Profitability, Raises $23m Series B for North African Expansion

    The latest round comprises a mix of equity and debt.
    Ecosystem News

    Endeavor SA Closes $13.6M Co-Investment Fund to Target the Late-Stage Liquidity Gap

    The final close arrives 18 months after the fund announced its first close.

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    Partner Content

    SafeBoda Pivots to Corporate Clients as Kampala’s Regulatory Crackdown Threatens Its Ride-Hailing Core

    This latest pivot suggests the company may be approaching the limits of its ability to absorb sustained regulatory pressure.
    Partner Content

    Apis Logs $1B in Gains as iKhokha and Baobab Deals Heat Up African Fintech 

    "We engage with buyers before we invest."

    Latest articles

    Updates

    Egyptian Fintech Lucky Hits Profitability, Raises $23m Series B for North African Expansion

    The latest round comprises a mix of equity and debt.
    Ecosystem News

    Endeavor SA Closes $13.6M Co-Investment Fund to Target the Late-Stage Liquidity Gap

    The final close arrives 18 months after the fund announced its first close.
    Updates

    The Hidden Limits of Flutterwave’s ‘New’ Bank

    Flutterwave has secured a microfinance bank license - but the entity it acquired raises questions about the strategic scope the company can immediately pursue.
    Updates

    Egyptian Covid-Era Biotech Reme-D Lands New Backing to Tackle Africa’s Diagnostic Crisis

    The Cairo-based startup will use the investment to scale its cold-chain-independent PCR testing kits across Africa and the Middle East.

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