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    Policy & Regulations Forum

    Nigeria’s Taxman is Coming for Tech. Should Founders and Workers Be Worried?

    Nigerian tech workers risk double taxation under a system that relies on speculative guesses about their bank activity rather than verified financial data.

    Wave and MTN Locked Out of BCEAO’s New Payment Network

    The Central Bank of West African States (BCEAO) is set to flick the switch on its long-awaited regional instant payment system tomorrow, September 30.

    Ghana’s Digital Lenders Face a Costly Upgrade: $162K License Fees and No More Public Shaming

    Lenders are explicitly forbidden from compounding interest on short-term loans.

    Wave Throws $50M into Senegal’s Tax Fire — Can It Quench the Blaze?

    Senegal's fintech industry is presenting what it calls a “winning alternative.”
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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.