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Ghana’s $2bn Remittance Market Shaken by License Suspensions, Over 10 Fintechs Down

In 2023, Ghana received US\$2.4 billion in personal remittances, which is estimated to account for about 6% of the country’s GDP. This makes Ghana the second largest recipient of remittances in sub-Saharan Africa, after Nigeria.

November 13, 2024

Partner Content

Meet the Six Startups Selected for Google’s 2024 Black Founders Accelerator Programme in Africa

Google states that past beneficiaries from the Black Founders Accelerator and Black Founders Fund, spanning Africa, Europe, Brazil, and the United States, have collectively received over $30 million in funding to expand their businesses.

November 13, 2024

Updates

In Memoriam: zVendo Cofounder Passes Away, Three Years After Key Investment

Abdel Fattah was no stranger to the tech industry, having accumulated over 23 years of experience, including a decade in e-commerce.

November 12, 2024

Partner Content

Former Google Product Lead Joins Egypt’s Efreshli Amid New Investment Round

Efreshli recently launched its first flagship showroom in Cairo, offering customers a tactile experience that complements the online platform.

November 12, 2024

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South African Fintech Littlefish Secures $9.5M Series A, Moves Past Founder Legal Dispute

The round was led by global tech investment firm Partech, with participation from development finance institution Proparco.

March 24, 2026

Ecosystem News

The $267bn Crown: Wave Edges Closer to Dethroning Orange in West Africa

The BCEAO’s instant payments platform launched in late 2025 to link banks and mobile wallets across eight countries. Months later, top players Wave and Orange Money have yet to fully join — latest data suggests they have little urgency.

March 24, 2026