For these companies — names like Chipper Cash, LemFi, Flutterwave, and TapTap Send — a 5% tax on remittances out of the U.S. would have fundamentally altered their business models.
Just weeks after calling out Yellow Card over its alleged involvement with a dubious stablecoin scheme, the central bank has returned with another blacklist .
On Thursday, June 28, President Bola Tinubu signed into law four new tax bills, describing them as pivotal to the success of his administration's reforms and the country's prosperity.
As more startups layer financial services onto distribution networks, the message is clear: surviving Africa’s B2B e-commerce crunch may hinge less on moving goods, and more on financing them.
As more startups layer financial services onto distribution networks, the message is clear: surviving Africa’s B2B e-commerce crunch may hinge less on moving goods, and more on financing them.
