Debt Financing Reaches All-Time High in African Tech: The $1.6B Milestone
Something structural is shifting in how African tech companies raise money, and most of the conversation about African startup funding is missing it. In 2025,
Ericsson and Mastercard Collaboration Aims to Accelerate Digital Payments Worldwide
Ericsson and Mastercard announce a collaboration to reshape how money moves across the world. By integrating the Ericsson Fintech Platform (Mobile Financial Services) with Mastercard Move – Mastercard’s
Visa Launches North Africa Sub-Region to Fuel Digital Payment Growth
Visa formed a new sub-region that includes Egypt, Libya and Sudan, saying the move will advance its strategic growth plans in the wider North Africa, Levant and Pakistan
Dutch Good Growth Fund Partners with First Circle Capital to Boost Early-Stage African Fintech
The Dutch Good Growth Fund (DGGF) has announced a partnership with First Circle Capital (FCC), a female-led, first-time fund manager focused on early-stage venture capital in Africa. FCC is
South Africa’s Araxi Acquires Fintech Pay@ for $62m to Consolidate Regional Payments
In a significant consolidation of the Southern African fintech space, JSE-listed Araxi Limited (formerly Capital Appreciation Limited) has agreed to acquire an 80% stake in
UK banks convene to build alternative domestic payment system
UK bank executives are set to convene this Thursday for their first meeting to establish a domestic alternative to Visa and Mastercard. Chaired by Barclays
The Democratic Republic of Congo accuses MTN of illegal operations
The Democratic Republic of Congo has picked a fight with one of Africa’s biggest telecom giants. The country’s regulator, Autorité de Régulation de la Poste et
Grey launches ‘Grey Business’ to simplify global payments for African startups and SMEs
Global fintech company Grey has officially launched Grey Business, a multi-currency payments platform designed to help startups and SMEs across Africa and other emerging markets manage international transactions
Lesotho engages Vodacom on digitisation
Lesotho is set to bolster its digital transformation strategy by leveraging proven frameworks from Vodacom’s broader African portfolio. The move follows a visit from a
eNovate and Cobi Integrate AI Intelligence to Transform Egypt’s Digital Payment Experience
eNovate, a subsidiary of eFinance Investment Group, and Cobi, a UAE-headquartered AI-native customer intelligence platform, announced the integration of Cobi’s AI-powered intelligence infrastructure across its digital payment ecosystem