The tech-investment stories moving Africa's markets — what moved, and why it matters.
Sat, Aug 29
The source material is honest about the real problem: the Nigerian Exchange's entire equity market is worth roughly $40 billion. OPay wants a $4 billion valuation — and that's before the 26% premium above its most recent implied price that…
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The headline is the reclassification. The substance is what nearly killed it.
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500 fibre cuts a week. $1.1 billion to spend. And a CEO pointing out that Airtel and its rivals are literally burying cable in the same ground at the same time.
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The SEC's own source says it plainly: this capital threshold isn't designed around what Nigerian crypto exchanges actually earn. It's designed around what the SEC wants the industry to look like when the dust settles.
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Moving from government approval to signed contract with credible builders — Thales and IAI — is a real step forward. The ecosystem should register it.
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Liberia has launched a digital collateral registry designed to eliminate duplicate claims on assets and expand credit access for small businesses. The initiative is being cited as a replicable reform model for improving SME financing infrastructure across Africa.
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