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Nigeria will require a Tax ID for all bank and fintech accounts from January 2026, raising questions on access, fintech onboarding, and inclusion.
In this letter, we explore: Wema Bank beats the buzzer on CBN’s Capital call, Nigeria collects ₦600 billion from Facebook, Amazon, and Netflix, ARISE lands $700m Saudi boost.
In this letter, we explore: South Africa introduces a new tax for social media influencers, Walmart to set up shop in South Africa, Bolt is #1 on the App Store, but drivers aren’t riding along.
African fintechs face fragmented tax policies around the continent. These policies are affecting how digital payments work and how startups expand across borders.
Nigeria’s PoS geo-tagging rule targets fraud, but higher costs risk excluding small agents and limiting financial access.
In this letter, we explore: Nigerian government increases passport fees by 100%, T2mobile signs multi-million dollar Huawei deal for network upgrade, Access Holdings picks Innocent Ike as new Group CEO.
Japan is stepping up in Africa’s tech scene with multi-billion investments, new venture funds, and youth programs linking African startups to Japanese capital and markets.
In this letter, we explore: MTN bounces back with ₦414 billion profit in H1 2025, Treepz launches in Canada, Chowdeck cracks Ghana in record time.
In this letter, we explore: Collect Africa shuts down to chase global payments, Revolut eyes Morocco, led by ex-Uber executive, Afriex expands to Asia.
In this letter, we explore: 54 Collective faces liquidation over misused grant, CBN maintains interest rate at 27.5%, M-KOPA faces lawsuit over equity disparity.
In this letter, we explore: Bolt rolls out family plan, African fintechs named amongst the World’s top 300 fintechs, Rally Cap partially exits South Africa’s Stitch.
In this letter, we explore: PocketLawyers gets backed to speed up legal work in Africa, Airtel Kenya beats Safaricom in subscriber growth, Meta and TikTok tighten content rules.
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