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    WESTERN AFRICA

    WESTERN AFRICA

    Remittance Fintechs Rake in Revenue as Nigerians Abroad Send Record $553M Home in July 

    In June, the bank issued a directive requiring banks and IMTOs to pay all diaspora remittances in Naira and match them with corresponding foreign currency inflows.
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    WESTERN AFRICA

    Ex-Revolut and Sendwave Veterans Land $8M to Transform African B2B Payments with Waza

    Investors were likely drawn to Waza’s rapid growth trajectory. Within five months, the company increased its monthly payment volumes from $280,000 to $70 million, translating to an annualized volume of $700 million.
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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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    Programmable Naira: The Stablecoin Project Drawing Top Global Crypto Players to Nigeria

    Nigeria is quickly becoming the epicenter of Africa's stablecoin revolution.
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    Updated: Heike Harmgart Is Building the EBRD’s West Africa Team. Here’s Who’s on It So Far

    The EBRD’s push into Sub-Saharan Africa is being orchestrated by a team of seasoned insiders.

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    mPharma Founder Gregory Rockson Steps Down as CEO After 11 Years

    The leadership shuffle marks a pivotal moment for one of Africa’s most prominent healthtech startups.
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    Facing a Telco Onslaught, Djamo’s Answer Is Now a Banking License and a New Model

    This onslaught of well-capitalized competitors has forced Djamo to find new territory.

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    Programmable Naira: The Stablecoin Project Drawing Top Global Crypto Players to Nigeria

    Nigeria is quickly becoming the epicenter of Africa's stablecoin revolution.
    People & Places

    Updated: Heike Harmgart Is Building the EBRD’s West Africa Team. Here’s Who’s on It So Far

    The EBRD’s push into Sub-Saharan Africa is being orchestrated by a team of seasoned insiders.
    Policy & Regulations Forum

    Ghana’s Central Bank Is on a Fintech Blacklist Spree. Here’s How to Stay Off It

    For international fintechs and local payment providers in Ghana, the beginning of September brought a familiar chill.
    Analysis & Opinions

    Exit Pressure: Why Africa’s Decade-Old Founder Class is Stepping Aside at Scaleups

    Yoco's Katlego Maphai is the latest long-serving founder to hand over the reins, signaling a new phase of maturity for the continent's top tech companies.

    Disrupting Norms, Amplifying Ambitions: Experience the Pulse of African Startups, Innovation and Entrepreneurship at Launch Base Africa!

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