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    Ecosystem News

    Africa’s Payment Maze: Are New State-Backed Rails a Map or a Trap for Fintechs?

    In the last month alone, major economic blocs in East, Southern, and West Africa have launched ambitious interoperable platforms.

    Egypt’s Exclusive Digital Banking Club Opens Doors to Middle East and Africa’s Largest Bank

    Aspiring digital banks are required to have a minimum issued and paid-up capital of EGP 2 billion ($41 million).

    Moniepoint Faces Heavy Losses After Acquiring Bancom Europe to Secure UK Licence

    Filings from the Nigerian fintech unicorn disclose heavy spending on salaries and fees to pave the way for its acquisition of a regulated British payments firm.

    Egypt’s Tagaddod Raises $26.3M to Solve Biofuels’ Biggest Bottleneck

    Tagaddod has built a tech platform to manage the collection, aggregation, and tracing of waste-based feedstocks.
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    Valu Expands to Jordan With $7m — but Its Fastest Growth Is Coming From Payments, Not Loan

    Egypt's largest consumer fintech posted its first full-year results since listing.

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.

    A New Wave of Tech Firms Is Tapping Nigeria’s Public Debt Market

    The broader market backdrop explains why more technology companies are exploring this route.

    Ziidi Trader: Safaricom Captures Half of Kenya’s First Major IPO in 20 Years

    The Kenyan government’s sale of a 65% stake in KPC raised 106.3 billion Kenyan shillings ($823.1m).

    Latest articles

    Valu Expands to Jordan With $7m — but Its Fastest Growth Is Coming From Payments, Not Loan

    Egypt's largest consumer fintech posted its first full-year results since listing.

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.

    Dutch VC Aqua-Spark Secures $48m for African Blue Economy Fund, Backed by KfW and AgriFI

    The close marks the culmination of a fundraising process that began in 2021.

    Why Human Rights Matter in the Modern Workplace

    By Ashwin Rajah, founder of Mindset Matters