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    Fee Wars Begin in Cameroon as Unicorn Disruptor Wave Enters and Telcos Fight to Hold Ground

    Cameroon now accounts for over 70% of mobile money transactions in Central Africa. According to BEAC, it processed more than €90bn in mobile money transactions in 2022 alone.
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    MaxAB-Wasoko Winds Down E-commerce in Morocco as Fintech Becomes Core

    As more startups layer financial services onto distribution networks, the message is clear: surviving Africa’s B2B e-commerce crunch may hinge less on moving goods, and more on financing them.
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    Nigeria’s BFREE Raises $3M to Unlock New Frontier in Distressed Loan Portfolio Financing

    BFREE is turning what has long been considered a dead-end in African finance — non-performing loans — into a viable, tech-powered asset class.
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    Partner Content

    Inside the Fintech That’s Quietly Built Africa’s Largest Smartphone Assembly Line

    It’s a playbook that echoes India’s feature phone revolution of the early 2000s — except with embedded finance at the core rather than cheap calls.
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    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.
    Ecosystem News

    Bonds to Builders: Ci Gaba Hits $35m First Close to Turn Ghana’s Pensions into Venture LPs

    A policy push in Accra is reshaping who finances growth companies in West Africa.

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    Egypt’s Telda Abandons the Unbanked to Chase Egypt’s Consumer Credit Boom

    Startup backed by Sequoia Capital abandons original focus on the unbanked to build a vertically integrated financial group.
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    Moniepoint Rides Wave of Nigerian Fintech Consolidation as Venture Funding Retreats

    While Orda currently operates in Nigeria and Kenya, this acquisition only covers its Nigerian operations, leaving the future of its Kenyan arm undecided.

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    Updates

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.
    Ecosystem News

    Bonds to Builders: Ci Gaba Hits $35m First Close to Turn Ghana’s Pensions into Venture LPs

    A policy push in Accra is reshaping who finances growth companies in West Africa.
    Partner Content

    SafeBoda Pivots to Corporate Clients as Kampala’s Regulatory Crackdown Threatens Its Ride-Hailing Core

    This latest pivot suggests the company may be approaching the limits of its ability to absorb sustained regulatory pressure.
    Updates

    Nigeria’s Digital Natives Are in Financial Distress. Tech Firms Should Be Worried.

    For the better part of a decade, Nigeria’s consumer technology sector has operated on a reassuringly straightforward demographic premise.

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