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    Ecosystem News

    West Africa’s Fintech Freeze: Central Bank Says ‘Applications Have Many Defects’ as Startups Face Collapse

    Users across the WAEMU zone reported frozen wallets, failed merchant transactions, and blocked salary payments.

    ‘Many Will Not Recover From This Shutdown’ — Francophone Fintechs Scramble as BCEAO Starts Issuing Licenses

    “Several Senegalese fintech companies are at risk of collapse. Many people will lose their jobs.”

    Backed by Senegal’s Sovereign Wealth Fund, Teranga Capital’s New Fund Looks Beyond Dakar

    The decision to widen its geographic reach comes amid growing appetite for risk capital in West Africa’s underserved frontier markets.

    Morocco’s Looming Mega-Sports Moment Tempts Fintechs — and Tests Its Regulators

    No new foreign banking licenses have been granted in over a decade.
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    Profitable Egyptian Fintech Blnk Raises $37.1m in Equity and Debt

    The Cairo-based fintech, which offers instant loans at merchant checkouts, plans to launch a credit card and expand its reach to women and unbanked Egyptians

    The Airtime Credit War: Nigeria Tangles with an Elusive FinTech Giant

    The dispute exposes a deeper structural ambiguity.

    South African Fintech Flagship Yoco Buys Restaurant Software Platform Dyner.ai

    The South African payments group is bolting on an AI-native operating system for restaurants, while a new European CEO prepares to take the helm.

    The Anti-VC Pivot: Wasoko Founder Launches $100M Fund to Back Migration and Manufacturing

    "Venture-scale returns are only possible in a small subset of business models."

    Latest articles

    Profitable Egyptian Fintech Blnk Raises $37.1m in Equity and Debt

    The Cairo-based fintech, which offers instant loans at merchant checkouts, plans to launch a credit card and expand its reach to women and unbanked Egyptians

    The Airtime Credit War: Nigeria Tangles with an Elusive FinTech Giant

    The dispute exposes a deeper structural ambiguity.

    African Startup Deal Tracker — Newest Deals

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

    3IF Ventures Hits $12m First Close for Africa’s First Dedicated Insurtech Fund

    The close signals institutional appetite for a corner of African fintech that has long been overshadowed by payments and lending.