Effective market expansion strategies for fintech startups in emerging African markets

In the ever-evolving Fintech landscape, startups often set their sights on new horizons, which often involve expanding into emerging African markets, such as Nigeria, Kenya, South Africa, Ghana, and others. It is no news that these markets offer substantial growth potential while also presenting unique challenges that have to be navigated skillfully if the startup

Financial Inclusion in Africa: Counting the Cost of Fintech Startups’ Growth – Tech | Business

Advertisements Due to obstacles like expensive smartphones and devices, a lack of financial knowledge, and shaky infrastructure for financial transactions, there are still disparities in access to digital financial services. Financial inclusion appears bleak in several African countries. Rural communities are underserved and disadvantaged, while mobile network quality and coverage remain concentrated in big cities.

Nigeria’s Moniepoint plans Kenya expansion after Kopo Kopo purchase

Nigeria’s largest business payments platform Moniepoint plans to scale up in Kenya following its purchase of Kopo Kopo, CEO Tosin Eniolorunda tells The Africa Report. There’s more to this story Get unlimited access to our exclusive journalism and features today. Our award-winning team of correspondents and editors report from over 54 African countries, from Cape

Norwegian Start-up Invests $13m in WATT Renewable || Business Post Nigeria

By Aduragbemi Omiyale A Norwegian start-up, Empower New Energy, has injected about $13 million into a Nigerian hybrid solar solutions provider, WATT Renewable Corporation, to reduce the country’s carbon footprint through innovative technologies. A statement from WATT said the funds would be used to improve the renewable energy portfolio, adding an impressive 8MW of installed

North Africa: in Bari Africa e Affari and Ciheam present agro-industrial perspectives

0 “Agriculture in North Africa: characteristics, potential and technological needs”. This is the title of a conference to be held at Agrilevante, the fair organized by the Italian Federation of Agricultural Machinery Manufacturers (FederUnacoma) scheduled in Bari from 5 to 8 October. During the conference – in which Internationalia and Ciheam Bari collaborated – a

West and Central Africa’s Top Banks in 2023

As expected of Africa’s biggest economy, Nigerian banks continue to dominate the regional ranking. Tier 1 capital at Zenith Bank edged up from $2.52bn in December 2021 to $2.58bn in December 2022, although assets grew strongly from $22.9bn to $27.4bn and the growth in both was stronger measured in naira. Access Bank sees its Tier

Thunes partners with Access Africa

B2B payments infrastructure platform Thunes has announced a partnership with Access Bank to improve cross-border payments in and out of 13 African countries.   The collaboration is set to enable Access Africa to facilitate inbound and outbound cross-border payments in 13 markets, namely Botswana, Cameroon, the Democratic Republic of the Congo, Gambia, Ghana, Guinea, Kenya,

Access Africa and Thunes join forces to improve cross-border payments in and out of 13 African countries.

The collaboration will enhance cross-border payment flows between Africa and other regions, enabling faster and more affordable digital payments and supporting international trade across countries. In an effort to streamline and simplify cross-border transfers and payments across Africa and beyond, Access Africa has formed a partnership with Thunes, a leading global payment infrastructure platform that

Africa :Top 10 countries with the largest gold reserves 2023

Africa is home to some of the world’s largest gold reserves, with several countries holding more than 100 metric tons of the precious metal. These reserves represent a significant source of wealth and potential for economic development for the continent. Gold is a valuable asset that can boost foreign exchange reserves, reduce reliance on foreign

Africa: Pan-African Confederation of eSports created

0 E-sports is not just a pastime, but a truly future-oriented market. This is demonstrated by the creation of a Pan-African eSports Confederation, centered on competitive and professional level video game competitions and the supply chain that surrounds them. The birth of the continental body was sanctioned by a founding Assembly organized on Monday in