Daily Newsletter

Ten hubs, 12 million people, 2,200 health facilities — the scale is real. But the mechanism behind it deserves as much attention as the numbers.

The NGX hitting 250,000 points is genuinely significant — institutions repositioning ahead of Nigeria's FTSE Russell reclassification, banks recapitalising, oil and gas stocks up 126% year to date. The market momentum is structural, not…

The most consequential sentence in Kenya's draft National Payment System Bill, 2026, is tucked away almost as an afterthought: the Central Bank of Kenya "shall make regulations to give effect to this section."

Bank Zero got to profitability with 275,000 direct customers — a number that would make most banking investors nervous — because it built its own core banking system from scratch for under R300 million ($17 million). Its CEO says a…

Seven major CBN interventions in eighteen months — frozen accounts, onboarding bans, crypto restrictions — were framed as Nigeria fixing its anti-money laundering gaps to exit the FATF grey list. Nigeria exited in October 2025. Then the…

The Central Bank of Kenya's draft bill sets KES 250 million — roughly $1.93 million — as the capital floor for electronic money issuers. And critically, borrowed money doesn't count: no shareholder loans, no convertible notes, nothing that…

Reaching one million home internet subscribers sounds like a ceiling. It's actually a floor — and the competition has noticed.

Luno's acquisition of GTXN isn't really about crypto. It's about the correspondent banking chain — the two or three intermediary banks every cross-border transfer in Africa hops through, each one adding a delay, a conversion fee and its…

The rand's problem in cross-border trade has never been trust — it's plumbing. Correspondent banking moves money in batches, through chains of intermediaries, during business hours. ZARU's atomic settlement on Circle's Arc means both sides…

Every large infrastructure announcement comes with a credibility gap — the gap between what's declared on a stage and what actually breaks ground.

Three documented exits in a matter of months — Beltone's 3.5x from Egyptian proptech, Eos Capital's 4.4x from Namibia, and now Five35's 3.5x from Complete Farmer — is not a coincidence. It's a dataset.