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    WESTERN AFRICA

    US Mounts Pressure on Nigeria over Detained Binance Executive Following Founder’s Release

    Nigeria’s Economic and Financial Crimes Commission (EFCC), which oversees Gambaryan’s case, has dismissed these claims as exaggerated, blocking a recent attempt to secure bail for the executive.

    Telecom Giant Diversifies into Insurance Through Stake in Ivorian Startup WiASSUR

    WiASSUR, founded in 2019, has emerged as a dynamic player in the region by offering a fully digitized insurance platform, providing personalized and accessible solutions to individuals and businesses.

    Ghana’s Kofa Rolls Out $8.2M EV Battery-Swapping Initiative, Backed by Shell

    The network targets the deployment of 6,000 batteries and up to 100 swap stations across Ghana, aiming to create an accessible, reliable, and scalable clean energy infrastructure.

    New PoS Directive Opens Doors for Blockchain Startups in Nigeria

    The new directive, detailed in a circular issued by the Central Bank of Nigeria, requires that businesses using PoS terminals for electronic payments must route their transactions exclusively through either NIBSS or Unified Payment Services Limited (UPSL).
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    Bank Zero Joins TymeBank and Discovery in South Africa’s Profitable Neobank Club

    Bank Zero hits monthly break-even with just 275,000 direct retail accounts, offering a playbook for capital-efficient fintechs.

    Two Exits in Six Years: Dan Kleinbaum’s GTXN Acquired by Luno

    Deal gives the crypto exchange an owned settlement layer across developed–emerging market corridors - but proposed South African rules may restrict the very activity it enables.

    Is Talent Export the New Impact Thesis? Daniel Yu’s $100M Fund Makes Its First Bet

    Move signals fund's focus on labour migration as a pathway out of poverty.

    Shuttlers Launches Carpooling Service as Rivals Race for Uber’s Market Share in Nigeria

    Findings by Launch Base Africa found that fares on several ride-hailing platforms operating in Nigeria have risen sharply since Uber’s exit.

    Latest articles

    Bank Zero Joins TymeBank and Discovery in South Africa’s Profitable Neobank Club

    Bank Zero hits monthly break-even with just 275,000 direct retail accounts, offering a playbook for capital-efficient fintechs.

    Two Exits in Six Years: Dan Kleinbaum’s GTXN Acquired by Luno

    Deal gives the crypto exchange an owned settlement layer across developed–emerging market corridors - but proposed South African rules may restrict the very activity it enables.

    Paymob Scoops $35M as GCC Market Hits Nearly Half of Group Revenue

    Egyptian payments provider gains backing from Mubadala and EBRD as revenues triple across Middle East markets

    Spiro Takes Total Debt From Africa Go Green Fund to $36M

    Additional $18m loan backed by Swedfund-capitalised fund will expand battery-swapping infrastructure across Uganda and Rwanda.