OPay's Numbers: 89.5% of the revenue is Nigerian; almost none of the ownership will be
The profit figures are real. $90.9 million in six months, revenue growing at 136% — this is not a startup papering over losses with a good story.
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The tech-investment stories moving Africa's markets — what moved, and why it matters.
Tue, Oct 13
Microsoft Nairobi: the $100 million question Big Tech never answered
Microsoft spent seven years and a reported $100 million building an engineering hub in Nairobi where African developers would ship products for the world — not just support local customers, but actually build things.
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Kenya Fintechs: the regulator who can walk in and take over
Kenya's central bank already has this power over commercial banks — and has used it. Imperial Bank, Chase Bank. Now the draft National Payment System Bill, 2026, extends the same logic to payment companies.
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Ecobank-CIPS: Standard Bank proved the corridor works — now comes scale
Standard Bank has already pushed over CNY 8 billion through CIPS, showing the renminbi corridor is real. What Ecobank adds is different in kind: a single banking relationship spanning 34 African markets at once.
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Airtel Money IPO: the benchmark is real — now watch what it unlocks
A $7 billion public valuation, held up in daylight on a major exchange, is something African fintech has never had before. That number is now a reference point every founder, investor and acquirer on the continent can use.
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J.P. Morgan Nigeria: the entrance is old news — watch what it does next
J.P. Morgan filing for a merchant bank licence means it can underwrite Nigerian debt, advise on local deals, and trade government bonds directly. That's meaningfully different from a representative office. The infrastructure for serious…
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