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IFC Commits US$6 Million to Female-Led African Fintech Fund
MoroccoUganda

IFC Commits US$6 Million to Female-Led African Fintech Fund

Fintechnews Africa20 May 2025

The International Finance Corporation (IFC) has approved an investment of up to US$6 million in a pan-African venture capital fund…

Why Africa’s Fintech Ecosystems Must Unite to Shape the Future of Crypto, AI and Passporting Across the Continent
Blockchain/Bitcoin

Why Africa’s Fintech Ecosystems Must Unite to Shape the Future of Crypto, AI and Passporting Across the Continent

Reuben Mwatosya, Cofounder & Chief Operating Officer at Tembo16 May 2025

The African fintech landscape is booming, with digital finance, cryptocurrencies, AI-powered banking, and cross-border payments offering new opportunities for growth…

Egypt's Nawy Raises $75M to Expand Real Estate Tech Across MENA
Egypt

Egypt’s Nawy Raises $75M to Expand Real Estate Tech Across MENA

Fintechnews Africa15 May 2025

Nawy, a proptech platform based in Egypt, has raised US$52 million in Series A equity funding to scale operations, enhance…

Kenya Proposes Ban on Cashless Only Transactions Under $775
Kenya

Kenya Proposes Ban on Cashless Only Transactions Under $775

Fintechnews Africa14 May 2025

Kenya could soon prohibit businesses from refusing cash payments for everyday transactions, under a proposed law that would require the…

Ethio Telecom Launches Zemen GEBEYA to Support Digital Commerce in Ethiopia
Ethiopia

Ethio Telecom Launches Zemen GEBEYA to Support Digital Commerce in Ethiopia

Fintechnews Africa9 May 2025

Ethio telecom has officially launched Zemen GEBEYA, a digital marketplace intended to modernise Ethiopia’s commerce system by connecting product and…

Cabo Verde Inaugurates TechPark CV Amid Push to Become Digital Hub
Various

Cabo Verde Inaugurates TechPark CV Amid Push to Become Digital Hub

Fintechnews Africa8 May 2025

Cabo Verde marked a key milestone in its digital transformation journey on Monday (May 5) with the official inauguration of…

Ghana to Regulate Cryptocurrency by September
Ghana

Ghana to Regulate Cryptocurrency by September

Fintechnews Africa7 May 2025

The Governor of the Bank of Ghana (BoG), Dr Johnson Asiama, has announced that the central bank is expected to…

Onafriq Partners with Circle to Pilot USDC for Cross-Border Payments in Africa
South Africa

Onafriq Partners with Circle to Pilot USDC for Cross-Border Payments in Africa

Fintechnews Africa6 May 2025

Onafriq, a South African-based payments gateway, has partnered with Circle, the issuer of the USDC stablecoin, in a move aimed…

Egypt's Money Fellows Raises $13M to Expand Platform in Africa
Egypt

Egypt’s Money Fellows Raises $13M to Expand Platform in Africa

Fintechnews Africa5 May 2025

Money Fellows, a fintech platform based in Cairo, has raised US$13 million in its latest financing round, bringing the total…

Nubank, Revolut, and M-Pesa Africa
Various

Nubank, Revolut, and M-Pesa Africa: Fintech Giants Shaping Digital Financial Services With Super Apps Ambitions

Reuben Mwatosya, Cofounder & Chief Operating Officer at Tembo5 May 2025

In today’s digital era, three fintech pioneers stand out as category winners in their regions: Nubank in Latin America, Revolut in Europe, and M-Pesa in Africa.…

Nigerian Court Adjourns $82 Billion Tax Case Against Binance to May 12
Nigeria

Nigerian Court Adjourns $82 Billion Tax Case Against Binance to May 12

Fintechnews Africa2 May 2025

A Nigerian judge on Wednesday (April 30) adjourned a tax evasion case against the world’s largest cryptocurrency exchange, Binance, to…

Sub-Saharan Africa and Asia-Pacific Fuel the Growth of the Global Mobile Money Sector
Various

Sub-Saharan Africa and Asia-Pacific Fuel the Growth of the Global Mobile Money Sector

Fintechnews Africa28 April 2025

In 2024, the global mobile money industry continued its strong growth trajectory, fueled by robust expansion in Sub-Saharan Africa (SSA),…

Ethio Telecom and Visa Strengthen Partnership on Digital Finance
Ethiopia

Ethio Telecom and Visa Strengthen Partnership on Digital Finance

Fintechnews Africa24 April 2025

Ethio telecom and Visa have reaffirmed their partnership to support the development of Ethiopia’s digital economy, focusing on international digital…

Canada's DeFi Technologies Partners with NSE to Launch Kenya's Digital Asset Exchange
Kenya

Canada’s DeFi Technologies Partners with NSE to Launch Kenya’s Digital Asset Exchange

Fintechnews Africa23 April 2025

DeFi Technologies, a Toronto-based company focused on integrating traditional capital markets with DeFi has partnered with the Nairobi Securities Exchange…

Reimagining the Future of Finance in Africa: Velmie Powers Sierra Leone’s First Digital Banking Super App
Mobile Payments

Reimagining the Future of Finance in Africa: Velmie Powers Sierra Leone’s First Digital Banking Super App

Company Announcements21 April 2025

Velmie, a leader in banking technology infrastructure, has successfully delivered the core platform behind Vult, Sierra Leone’s first digital financial…

Morocco Partners with Nokia to Drive Digital Transformation
Morocco

Morocco Partners with Nokia to Drive Digital Transformation

Fintechnews Africa21 April 2025

Nokia and the Ministry of Digital Transition and Administration Reform of Morocco have signed a MoU during GITEX Africa 2025…

DPI Launches VC Arm to Back Early-Stage Tech Firms in Africa
EgyptVarious

DPI Launches VC Arm to Back Early-Stage Tech Firms in Africa

Fintechnews Africa17 April 2025

London-based Development Partners International (DPI) has announced the launch of DPI Venture Capital, a new initiative aimed at investing in…

Nigeria's SEC Delays Crypto Licensing, Cites Additional Due Diligence
Nigeria

Nigeria’s SEC Delays Crypto Licensing, Cites Additional Due Diligence

Fintechnews Africa17 April 2025

Nigeria’s Securities and Exchange Commission (SEC) has postponed issuing new provisional licenses to crypto startups under its Accelerated Regulatory Incubation…

Visa Invests in African Fintech Start Ups Konnect and PayTic
Various

Visa Invests in African Fintech Startups Konnect and PayTic

Fintechnews Africa17 April 2025

Visa has announced investments and new partnerships with two African fintech firms following their participation in the Visa Africa Fintech…

Raxio Secures $100M IFC Financing to Expand Data Centres Across Africa
Various

Raxio Secures $100M IFC Financing to Expand Data Centres Across Africa

Fintechnews Africa14 April 2025

Raxio Group, a data centre platform in Sub-Saharan Africa, has secured US$100 million in financing from the International Finance Corporation…

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