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Passporting set to boost Africa’s cross-border fintech growth
Africa’s fintech sector has experienced remarkable growth over the past decade, driven by the continent’s large unbanked population, rising smartphone penetration, and increasing adoption of digital financial services. Yet, despite this rapid expansion, one persistent challenge remains: the fragmentation of regulatory frameworks across African countries. Regulatory passporting—a system that allows fintechs licensed in one jurisdiction…
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Yango diversifies services in Cameroon to move beyond ride-hailing
Yango is broadening its footprint in Cameroon, signaling a strategic shift from a ride-hailing-focused platform to a more diversified digital services provider. The move reflects a growing trend among mobility companies seeking to evolve into “super apps” that offer multiple services within a single ecosystem. Having established a presence in Cameroon’s urban transport sector, Yango…
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3,000 Nigerian innovators vie for Red Bull Basement final spot
More than 3,000 young Nigerian innovators are vying for a place at the Red Bull Basement National Final, highlighting the growing energy and creativity within the country’s tech and startup ecosystem. The global initiative, which supports student-led innovation, has gained strong traction in Nigeria as youths increasingly turn to technology to solve pressing social and…
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Flutterwave enters microfinance to broaden financial services
Flutterwave has taken a significant step in its evolution from a payments company to a full-spectrum financial services provider, securing a microfinance licence that allows it to broaden its offerings across key African markets. The move signals the company’s growing ambition to deepen its role in financial inclusion by providing more than just payment infrastructure.…
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The Rules of the Game: Fintech Regulations and Their Impact on African Startups.
Fintech in Africa is booming — from Lagos to Nairobi, startups are rewriting the way people pay, borrow, and transfer money. But growth in this space is never just about technology; it’s about navigating a regulatory landscape that can either propel or stall innovation. Central banks and financial regulators across Africa have rolled out rules…
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Ghana Adds Digital Wallet to Ghana Card, Transforming National ID into a Financial Tool.
Ghana has taken a landmark step in digital innovation by integrating a digital wallet into the Ghana Card, the country’s official national identity document, the National Identification Authority (NIA) announced on 1 April 2026. This move transforms the Ghana Card from a simple identification credential into a multi‑purpose financial instrument capable of supporting payments, withdrawals, online transactions,…
