From Lagos to Nairobi

Africa-China trade is enormous, but moving money between the two markets can still be expensive, slow and complicated. Nigerian fintech company Grey is looking to remove one of those barriers by making it easier for African businesses and individuals to pay Chinese suppliers directly in Chinese yuan. The move reflects a broader shift in cross-border…

Africa’s telecom industry is entering a new phase where simply connecting more people is no longer enough. As data consumption rises, networks become more complex and operators face pressure to improve efficiency, Nokia is turning to artificial intelligence (AI) to help reshape how telecom infrastructure is built, managed and monetised across the continent. For years,…

MTN is setting its sights on one of Africa’s most difficult fintech opportunities: South Africa’s large cash-based payments economy. The telecom giant wants its Mobile Money (MoMo) platform to move beyond its traditional mobile-money markets and become a broader financial services platform for consumers, merchants and small businesses. The strategy comes as MTN sees growing…

For many African businesses, managing money across currencies, teams, suppliers and customers can quickly become complicated. Traditional banking systems often require businesses to use multiple accounts and platforms for payments, collections, expenses and international transactions. Platnova Business is designed to bring many of these functions together in one platform. Launched to support African businesses expanding…

MTN Nigeria is setting an ambitious target for its fintech business: grow its customer base from about 5 million users to 30 million over the medium term. The goal reflects the telecom giant’s broader strategy of turning its enormous mobile network into a much larger financial-services platform. MTN Group CEO Ralph Mupita said Nigeria remains…

Thirteen years ago, former British Army officer Wayne Hennessy-Barrett arrived in Kenya with little conventional finance experience and a simple question for informal traders: what do you need? The answer was straightforward—access to quick working capital to buy stock and keep their businesses moving. That conversation eventually became 4G Capital, a lender that has now…