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    Policy & Regulations Forum

    Policy & Regulations Forum

    The Great WAEMU Shakeout: 20 Fintechs Licensed as Regulatory Guillotine Falls

    This licensing wave lands in the middle of a much broader regulatory push.
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    Policy & Regulations Forum

    Nigeria Lost Nearly Half Its Millionaires in a Decade — the Worst Decline in Africa

    Nigeria’s decline stands out in a landscape where several other African markets have managed to grow their high-net-worth populations.
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    Policy & Regulations Forum

    South Africa’s Central Bank Just Bought Half the Country’s Payments Plumbing. Meet PayInc

    South Africa's once-sleepy interbank utility has a new name and a powerful new part-owner in the central bank. The mission? To finally drag the nation away from cash.
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    Policy & Regulations Forum

    Tunisia’s New Labour Law Forces a €24bn IT Hiring Giant to Quit the Country After 23 Years

    The company is pulling out of Tunisia after a new law upended its business model.
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    Africa’s Startup M&A Enters a Harder, More Disciplined Phase

    One year after a record wave of buyouts, the deals look different
    Updates

    Does Africa’s Founder-CEO Exit Wave Have a Nigerian Accent?

    Femi Adeyemo’s departure from Arnergy is the latest in a procession of founder handovers. The numbers suggest Nigeria is the loudest theatre in a continental shift—but not the whole story.

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    Industry

    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.
    Industry

    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

    Updates

    Africa’s Startup M&A Enters a Harder, More Disciplined Phase

    One year after a record wave of buyouts, the deals look different
    Updates

    Does Africa’s Founder-CEO Exit Wave Have a Nigerian Accent?

    Femi Adeyemo’s departure from Arnergy is the latest in a procession of founder handovers. The numbers suggest Nigeria is the loudest theatre in a continental shift—but not the whole story.
    Updates

    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.
    Updates

    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

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