By Michele Moscaritoli Africa’s largest economy offers unmatched opportunity – but investors are waiting for the fog to clear. Nigeria should dominate every emerging-market investment ranking....
By Des H. Rikhotso Africa’s fintech revolution is no longer a story of isolated outliers – it’s increasingly a tale of dynamic urban hubs driving continent-wide...
By Davida Ademuyiwa While headlines often spotlight coups, crises, or commodity booms, one West African nation has been quietly crafting a different narrative – one rooted...
By Dr. Princess C. Mutisya Every time a Kenyan exporter ships goods to Uganda and pays US$20 in foreign-exchange fees to settle the transaction, it’s not...
By Ajay Wasserman While global investors funnel billions into Asia and Latin America, one continent remains conspicuously overlooked – despite housing 17 percent of the world’s...
The central banks of Rwanda and Ghana have partnered to integrate their national payment systems and establish a fintech licensing passport between the two nations, as...
Kenyan mobile operator, Safaricom and the Kenya Bankers Association (KBA) have proposed making Pesalink Kenya’s next-generation fast payment system (FPS), advocating for an industry-led approach to...
Ethio Telecom has partnered with the African Development Bank (AfDB) to advance Ethiopia’s digital economy and broaden internet access across Africa. This collaboration aligns with a...
A remarkable 59 percent of Kenya’s gross domestic product (GDP) is processed through M-PESA, the country’s leading mobile payment system. This translated into 20 billion transactions...
Bloomberg | Africa’s technology and startup firms are becoming too attractive for international investors to ignore, according to a partner at a fund focused on investments...
During his tenure at JP Morgan, Wole Coaxum recognized a pressing need for change and sought to intertwine economic justice with the broader social justice agenda....
By Gregory Simpkins In a May 2000 issue with a lead article headlined “Africa: The Hopeless Continent”, The Economist magazine unleashed a flood of discussions about...
By Ryan Elcock With today’s global economy and geopolitical landscape, marked by shifting power dynamics, there is a need for economic certainty and resilience. Although the...
By Ryan Elcock The common perception of Barbados is that of a picturesque island-nation nestled in the Caribbean, renowned for its pristine beaches and flourishing tourism...
At first, Kelly Ifill had no interest in following in her family’s footsteps. Her father has a long-running contracting business. Her grandmother ran a cleaning service....
Bloomberg | Flutterwave Inc., Africa’s largest startup, is pressing ahead with plans for an initial public offering after making headway in resolving allegations of financial impropriety...
Moove, an Nigerian mobility company, that provides revenue-based vehicle financing to mobility entrepreneurs, democratizing vehicle ownership across Africa, has secured US$8 million in funds from Absa...
By Chimgozirim Nwokoma Africa is expected to be the fastest-growing region for fintech between 2021 and 2030, even as revenues are projected to reach US$60 billion....
By Gloria Methri Moni has launched a new range of business loans that enables market traders, spare part dealers, textile traders, and other small business owners...
Kenyan wireless carrier opened a US$2 million operations center in the country’s capital, Nairobi to enhance its M-Pesa mobile money platform and prepare for launches into...
Wemimo Abbey’s journey to co-founding billion-dollar fintech company Esusu, the leading platform for renter financial health that supports low-to-moderate-income households in the U.S., begins in Lagos,...
Kenyan banks, increasingly embattled by mobile money providers, are looking to wrestle control from industry leader M-Pesa
According to the World Bank, Sub-Saharan Africa as a region is expected to grow at 3.9 percent in 2023 and 4.2 percent in 2024, with a...
The African fintech industry is booming. From the number of fintech to the size of funding, African fintech is the newest investment magnet. Sector studies show...
Bloomberg | Funding for African startups is on track to hit a record this year despite a slowdown globally, according to a recent report. Venture capital...
HiPipo, a Ugandan fintech firm, has been among the world’s Top 20 companies escalating innovation in the digital financial services market by the Global Business Leaders...
Late last year, venture capitalist Adeyemi Ajao traveled back to his native Spain to tend to his 92-year-old father. The elder Ajao asked his son about...
Reuters | Tennis great Serena Williams raised US$111 million for her new early stage venture capital firm Serena Ventures, according to the fund’s blog post on...
Reuters | Africa-focused fintech firm Flutterwave said on Wednesday it had raised US$250 million in its single-biggest funding round to date, valuing the startup at more...
Enabling Africa’s digital transformation requires homegrown enterprise solutions that address the continent’s unique realities.
No other startup whose operations are based in Africa has raised as much in one round
MVX wants to make freight shipping and trade finance easier for African businesses by bringing booking and deployment processes online.
There has been an uptick in local acquisitions in Africa
