Something unusual is happening in African finance. Not a billion-dollar funding round or a shiny new app; but a quiet handshake in the form of an MoU (memorandum of understanding) between two regulators, one in Accra and one in Kigali, which could reshape how fintechs scale across the continent.
On February 25, 2025, the Bank of Ghana and the National Bank of Rwanda signed Africa’s first fintech licence-passporting agreement: a pact allowing startups licensed in either country to operate in both markets without starting from scratch. This was done during the Inclusive FinTech Forum in Kigali, Rwanda, which ran from February 24 to 26, 2025.
Read more: https://financeinafrica.com/insights/fintech-passport-ghana-rwanda/
