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    Policy & Regulations Forum

    The Secret Antitrust Battle That Helped Sink Koko Networks

    The collapse of Kenya's largest clean-cooking company is blamed on a government refusal to authorise carbon credit sales. A court ruling in Nairobi shows that a competition inquiry into its main supply contract was running alongside that dispute.

    Free Transfers, Capped Fees: Inside the Pricing Shock Facing West Africa’s $267B Mobile Money Market

    From 2 November, all electronic-money transfers in the eight-nation WAEMU bloc must run through a single central bank platform. Transfers up to 8,000 FCFA a day are free. Above that, fees are capped at 0.8 per cent.

    Fintech Unicorn Wave Caves to Regulators as BCEAO Holds Firm on West Africa’s Payment Deadline

    The $1.7bn mobile money operator joined the PI-SPI system on deadline day alongside 175 institutions—ending closed-loop dominance across the $267bn WAEMU market.

    Tunisia’s Fintech Crackdown

    Analysts expect these hurdles to favor established institutions.
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    Egypt’s Non-Bank Lenders Get Another Year Behind a Regulatory Moat

    For institutions that had hoped to enter the market, the window remains closed.

    Enza Capital Raises $21M to Back African AI as Venture Funding Retreats

    Pan-African venture firm reaches $21mn first close on Enza Capital III LP, betting that AI can narrow a funding gap that has left African AI rounds with a median size of just $1.9mn

    Nine Years After Its Founding, OPay’s IPO Filing Leaves Questions Over Employee Stock Options

    A court judgment proves OPay granted share options in 2020. Its US filing never mentions them, and investors are left to guess whether that’s a gap or a non-issue.

    M-KOPA’s Product Margins Halve as Lending Becomes the Main Event

    The African fintech’s gross profit from device sales fell to $57.9m even as revenue rose 45%, exposing a structural shift in the economics of financing smartphones and e-bikes for the continent’s informal earners.

    Latest articles

    Egypt’s Non-Bank Lenders Get Another Year Behind a Regulatory Moat

    For institutions that had hoped to enter the market, the window remains closed.

    Enza Capital Raises $21M to Back African AI as Venture Funding Retreats

    Pan-African venture firm reaches $21mn first close on Enza Capital III LP, betting that AI can narrow a funding gap that has left African AI rounds with a median size of just $1.9mn

    South African Fintech Lumepay Raises $6M Pre-Seed to Build Africa’s Institutional Cross-Border Payments Rails

    Cape Town-based start-up, founded by former Ovex executives, secures funding and a $10m liquidity float as it targets B2B corridors across a continent moving away from correspondent banking. But its early growth has coincided with litigation over restraint of trade.

    MNT-Halan Shifts From Risky SME Lending as ‘Super-App’ Strategy Lifts Third-Quarter Profit

    The group has actively curtailed its exposure to higher-risk SME lending, which previously formed a larger share of its disbursements.