More
    HomeUpdates

    Updates

    Will JPMorgan Chase’s African Regional Offices Assist African Startup Banking Needs?

    African startups have also faced varying treatment when banking with global institutions.

    Russian Ride-hailing App Yango Faces Mounting Resistance in Africa — Togo Now Joins the List

    As international scrutiny of Russian firms intensifies, Yango has sought to distance itself from its origins by shifting its global operational headquarters to Dubai.

    A Directory of Active Investors in African Startups for Q3 2024

    In Q3 2024, African tech startups faced a significant setback, witnessing a roughly 40% decline in funding activity compared to the same period in 2023.

    Health Issues Stall Continued Trial of Binance Exec Tigran Gambaryan in Nigeria

    A representative from the correctional facility admitted Gambaryan was 'very' sick and would not be produced in court.
    spot_img

    Keep exploring

    Out of the Ashes: Swvl’s Rebound Gives VNV Global Its Largest Q3 Gain

    The Egyptian-founded, Nasdaq-listed mass-transit group delivered VNV's largest fair-value boost in the third quarter—a rare bright spot in a portfolio otherwise marked down by private-market multiple compression.

    Circle, Tether, and Ripple: Three Scrambles for Africa’s Stablecoin Plumbing

    Within three weeks, two of the world's largest stablecoin groups bought into the same African payments company.

    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.

    Two Exits in Six Years: Dan Kleinbaum’s GTXN Acquired by Luno

    Deal gives the crypto exchange an owned settlement layer across developed–emerging market corridors - but proposed South African rules may restrict the very activity it enables.

    Latest articles

    Out of the Ashes: Swvl’s Rebound Gives VNV Global Its Largest Q3 Gain

    The Egyptian-founded, Nasdaq-listed mass-transit group delivered VNV's largest fair-value boost in the third quarter—a rare bright spot in a portfolio otherwise marked down by private-market multiple compression.

    Circle, Tether, and Ripple: Three Scrambles for Africa’s Stablecoin Plumbing

    Within three weeks, two of the world's largest stablecoin groups bought into the same African payments company.

    MNT-Halan’s Dutch Parent Cements Control With $71Mn Post-IPO Capital Injection

    The move follows MNT-Halan’s highly anticipated float on the Egyptian Exchange (EGX) on October 20, which was the country’s largest IPO in dollar terms since at least 2021.

    ‘The Harder Problem Starts After the Transfer’: LemFi Founder on Expanding into Credit and Savings

    Cross-border payments start-up bets that the harder problem for migrant customers begins after the money has been sent.