PawaPay landed a payment service provider licence from Mozambique’s central bank, clearing the way to sign up local businesses and process payments under direct regulatory oversight.
M-KOPA has signed up ten million customers and pushed revenue up 45 percent to $600 million in 2025, growing its pay-as-you-go model from solar into smartphones, digital loans, and electric mobility across Africa.
Vodacom is putting more than ZAR 500 million into Western Cape network upgrades, pushing 5G expansion, stronger backup power, and cheaper digital access for communities that have been left out.
Paratus Namibia has switched on Eutelsat's OneWeb low-Earth orbit satellite internet across the country, offering new data packages for homes and businesses.
Kenya’s central bank has left its main lending rate unchanged at 8.75 percent, holding off on more hikes even as inflation pushes higher and household budgets feel the strain.
Egypt's Thndr platform has crossed $19.6 billion in total trading, ramping up its presence on multiple exchanges and picking up new regulatory licenses.
Vodacom South Africa and SmartOps Fleet are rolling out a plan to put up to 55,000 vehicles—mostly electric—on e-hailing platforms, opening the door for 110,000 new driver slots.
Valu, Egypt’s fast-growing fintech, is moving into new markets and bringing Amazon on board as a direct investor after its listing on the Egyptian Exchange.
Foodics has handled $12 billion in GMV and now supports over 40,000 restaurant branches across the Middle East, fueled by recent acquisitions in the UK and Greece.
Lamide Akinola has left her post as managing director of Glovo Nigeria after leading the company through a period of fast-paced expansion and heavy investment in the country’s delivery sector.
Fintech firms in the Middle East and North Africa pulled in $708 million in the first half of 2026, drawing more investment than any other sector and attracting startups from ten countries.
Financial professionals have until 9 October to lock in discounted rates for the 7th Annual ETFGI Global ETFs Insights Summit. The event brings together industry leaders from Europe and Africa in London and online this November.
Finserve Africa is testing Emma, a new mobile wallet app in Kenya. Details on fees and features remain scarce for now.
Nigeria has launched a new licensing round offering forty oil and gas blocks across onshore, shallow-water and deepwater areas, aiming to attract investment and revive production.
Egypt is rolling out new long-term financing tools to back national and private sector projects, aiming to reshape its economy and boost private business.
Ke Nako Capital has deepened its role in South Africa’s digital infrastructure, co-investing in Vox, Frogfoot, and Hypa in a R14.4 billion deal. The move shows how private equity in the country is growing up.
Egypt is setting up a Unified Licensing Window to cut red tape for investors. The move is part of a three-year plan to boost private sector growth.
Ethiopia’s central bank is shaking up the foreign exchange market with scheduled USD 125 million auctions. Banks and businesses now get a clearer shot at hard currency.
Valu and Alshaya Group are teaming up to let shoppers at major international brands in Egypt split their payments, both online and in stores. The move aims to change how Egyptians shop and pay.
FTSE Russell has taken Egypt off its downgrade watch list. The country keeps its Secondary Emerging market status after key companies met index rules.
South Africa and Namibia have signed seven new agreements aimed at boosting trade, investment, and industrial growth. The move signals a stronger push for regional economic ties.
Dewik is shaking up the Nigerian DJ scene by touring top universities and music events, forging a direct link with the country's most influential music fans.
Glovo has confirmed Reni Onafeko as its country managing director for Nigeria, locking in her leadership at the company’s fastest-growing market.
Commercial International Bank (Egypt) will invest up to EGP 2 billion in MNT-Halan’s planned international offering. The deal marks a bold step in Egypt’s non-bank financial sector.
NEOPAY, based in Dubai, is set to take a 65% stake in Noon payments. The deal aims to link online and in-store payments for merchants in Egypt, Saudi Arabia, and the UAE.
eFinance Investment Group has signed a memorandum with Alibaba Cloud and Nuvexa to explore bringing advanced cloud services to Egypt, aiming for private sector growth and data control.
Paymenow has launched SmartReset, aiming to help 10 million workers in South Africa and nearby countries get out of debt by 2035.
IE University and EFG Holding have formed a partnership to open new doors for talent and innovation in Egypt and the MENA region.
Kenya’s private sector is feeling the sharpest jump in costs in nearly three years. Inflation and supply snags are putting the country’s economic recovery at risk.
Eric Muriuki leaves NCBA to head Absa Group’s digital growth strategy from Johannesburg, as African digital banking faces major changes.
Airtel Money is set to launch a Mastercard virtual card in Kenya. The move will let users pay for international online shopping and digital subscriptions straight from their mobile wallet.
DP World has signed two MOUs with Ogun State and Ogun Deep Sea Port Company Ltd to explore a major new port and economic zone. The project could turn Ogun into a key trade hub.
