Daily Newsletter

Months after closing a $250 million raise at a $2.1 billion valuation, Moove is leaving Nigeria — the city, Lagos, where it started with 76 cars in 2020.

J.P. Morgan announcing a merchant bank in Nigeria is a genuine signal — not hype. This is the world's largest bank by assets choosing to plant a licensed, operational presence in Lagos, not a representative office, not a holding company.

Six African fintechs heading toward public markets sounds like a coming-of-age moment for the ecosystem.

Frehiwot Tamru didn't just run Ethio Telecom — she built Telebirr into a platform with 60 million users and scaled 4G to cover most of a country of 130 million people. Now she writes the policy that governs competitors trying to do the…

Telecel was always the fragile piece in Ghana's 5G story — the smaller, part state-owned challenger that the whole competitive structure depended on to keep MTN honest.

The IMF's figure is striking: Nigeria alone accounts for roughly 60% of Sub-Saharan Africa's stablecoin inflows since 2019. That's not adoption — that's concentration, and it tells you something specific.

The 85% concentration figure sounds alarming until you look at August: the top ten took 98% that month. So September is actually the ecosystem spreading a little.