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    Ghana’s $2bn Remittance Market Shaken by License Suspensions, Over 10 Fintechs Down

    In 2023, Ghana received US\$2.4 billion in personal remittances, which is estimated to account for about 6% of the country’s GDP. This makes Ghana the second largest recipient of remittances in sub-Saharan Africa, after Nigeria.

    Leadership Overhaul at Leatherback: Investors Take the Helm After CEO Departure

    Zedcrest Group, through its venture arm, Zedcrest Capital, which led the $10 million pre-seed round two years ago, retains a minority interest but exercises strategic oversight.

    Trading Platform Banxso Confronts South Africa’s Investment Regulator in a Rare Fiasco

    According to FSCA statements, Banxso reportedly contacted clients, implying that its FSP license had been reinstated and that it could legally resume trading activities.

    JumiaPay Transactions Soar Tenfold Following End of Exclusive Mastercard Deal

    The termination marks a significant shift in Jumia’s strategic direction, allowing the company greater flexibility to work with multiple financial service providers.
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    Anka’s New Owner Global Shop Faces Critical Data Leak Days After Acquisition

    The embattled pan-African e-commerce platform Anka is grappling with a severe data breach affecting over half a million users.

    BII Backs mPharma for Francophone Push Following Founder’s Exit

    The Ghanaian healthtech, now under new leadership, has secured a strategic investment from BII-backed GIP Ghana to expand its pharmacy network into Togo and Benin.

    From Media Giant to Family Business: Meet the First Firms Tapping Nigeria’s Landmark $200M Cleantech Fund — Updated

    A mix of established mini-grid operators, a family-run business, and a media giant's new energy venture are among the first to receive funding to build hundreds of solar mini-grids across Nigeria.

    ‘Don’t Wait to Be Perfect’: How Selling Imperfect Produce Helped Farm to Feed Land a $1.5M Seed Round

    Pushing a problem that you think is important onto a customer doesn’t work.

    Latest articles

    Anka’s New Owner Global Shop Faces Critical Data Leak Days After Acquisition

    The embattled pan-African e-commerce platform Anka is grappling with a severe data breach affecting over half a million users.

    BII Backs mPharma for Francophone Push Following Founder’s Exit

    The Ghanaian healthtech, now under new leadership, has secured a strategic investment from BII-backed GIP Ghana to expand its pharmacy network into Togo and Benin.

    Jumia’s Fintech Ambitions Remapped as JumiaPay App Transactions Collapse

    The pan-African e-commerce player's Q3 2025 results show a strategic retreat from its standalone payment app, as it doubles down on core e-commerce and its path to profitability.

    Afreximbank Doubles Down on Gagan Gupta: Spiro Founder Bags New $300M for Minerals Platform A2MP

    The investment from Afreximbank's equity arm, FEDA, aims to move the continent beyond raw ore exports and capture the lucrative processing and manufacturing value chain.