The tech-investment stories moving Africa's markets — what moved, and why it matters.
Wed, Oct 7
The story everyone told about Koko's collapse was simple: the Kenyan government blocked the carbon credit letters, the subsidy model broke, 700 people lost their jobs.
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The CBN forced Airtel Money to sell its Nigerian stake — the vehicle through which it runs SmartCash — back to the local telecom subsidiary for $3 million, weeks before a $7 billion London listing.
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FNB's customers can buy Bitcoin from as little as R10, but they can't move it anywhere — no withdrawals to a personal wallet, no transfers to another exchange, no bringing in coins they already own.
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When you cap what someone can earn on one thing, they find it somewhere else. That's not cynicism; it's arithmetic.
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Three securitisation deals in quick succession — EGP528 million for one subsidiary, EGP1.2 billion and EGP2.28 billion for another — isn't just MNT-Halan raising more money. It's a company showing that the same loan book can be packaged…
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Infinite Partners raised R2.8 billion entirely from South African pensions, insurers and banks — no foreign development finance, no overseas anchor. That's the real story.
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