The tech-investment stories moving Africa's markets — what moved, and why it matters.
Tue, Aug 4
Getting a banking licence from scratch in East Africa can take years, cost millions, and still fail. Flutterwave's move to acquire existing banks rather than apply for new licences is a direct answer to that problem — buy the regulatory…
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The sharpest line in South Africa's draft crypto framework isn't a ban — it's a gap.
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The task team's most important recommendation isn't the headline unbundling — it's the ring-fencing clause.
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Femi Otedola has already spent over N600 billion of his own money buying into First HoldCo. He's now publicly signalling he wants to go from 25.8% to over 51%.
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The NRS has published a 28-page framework that turns every Nigerian crypto exchange into a tax collector — withholding 1.5% of each purchase directly in the token, before the buyer even sees it in their wallet.
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INTERPOL's own figures tell the story: Africa reported $484 million in cyberattack losses in 2025, but estimates the real damage at roughly $5 billion. That's a tenfold gap — and it exists almost entirely because 89% of member countries…
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