The International Finance Corporation (IFC) is considering a $7.5 million investment in a new African fintech lending fund that could raise as much as…
In an official announcement to shareholders on October 16, 2026, Vodacom confirmed that its subsidiary, Vodafone Kenya Limited, remains the registered owner of the…
The planned reform, announced by the South African Reserve Bank (SARB) on October 16, 2026, would mark a major shift in a payments industry…
CBN Governor Olayemi Cardoso disclosed the plan following discussions with Pan Gongsheng, governor of the People’s Bank of China, during the 2026 Annual Meetings…
Ghana has introduced a new collection system for taxes on foreign digital services, requiring participating banks and payment providers to collect a combined 20%…
Pan-African payments company Onafriq is shutting down Baxi, its Nigerian agent banking business, after naira depreciation, rising operating costs, and intense competition made the…
Morocco has established its first ministry explicitly dedicated to artificial intelligence, appointing former banking executive and competition regulator Ahmed Rahhou to lead the department…
Minicor, a San Francisco-based artificial intelligence startup co-founded by Nigerian software engineer Saheed Akinbile, has raised $3.8 million in seed funding to help businesses…
Egyptian fintech MNT-Halan is moving closer to one of Africa’s most closely watched technology listings after securing a commitment of up to EGP 2…
Africa accounts for nearly 18% of the world’s population but only about 0.6% of global data centre capacity, exposing a major infrastructure gap as…
CapitalSage has completed its acquisition of Canadian payments infrastructure startup Chimoney, bringing to a close one of the more unusual fintech acquisition stories involving…
Airtel Money is preparing for one of Africa’s largest fintech listings, but its Nigerian payments business will not form part of the company going…
Techsoma Africa reports on startups, fintech, AI, digital policy, and the builders shaping Africas innovation economy.
