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    Policy & Regulations Forum

    Algeria’s Fintech Era Begins as Telecom Giant Djezzy Secures Country’s First PSP License

    The entity is a dedicated subsidiary of Optimum Telecom Algeria (Djezzy), the country’s second-largest mobile operator.

    Open Rails, Closed Doors: West Africa’s Central Bank Is Entrenching Bank Monopolies

    The central bank’s open-banking framework was designed to level the playing field, but initial rollouts have concentrated rail control among legacy institutions—forcing agile startups to rent the very infrastructure meant to liberate them.

    14% to 4%: How Nigerian Regulation Took a Bite Out of Optasia’s Growth

    Ghana remains the group's largest African market by revenue, but a regulatory suspension in Nigeria has sharply reduced its contribution.

    How Moving Goalposts Are Freezing Francophone West Africa’s Fintech Scene

    For investors considering Francophone West Africa’s fintech sector, the past eighteen months have been ‘a study in uncertainty’.
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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.