How Senegal’s new mobile money tax sabotages its digital economy

Taxing the value of transactions rather than the revenue of service providers goes against principles of fair and efficient taxation. Users, not companies, will bear the cost of the reform.

Wave raises $137 million to expand mobile money services across Africa

Wave, Africa’s top fintech unicorn, raises $137 million in debt funding to expand mobile money operations across the continent.

Peach Payments acquires PayDunya in Francophone Africa push

Peach Payments expands into Francophone West Africa with the acquisition of PayDunya bringing the SA fintech's market coverage to 12 in Africa

B2B payment platform Nilos expands to West Africa, promising faster and cheaper cross-border payments

Founded in 2021 by Raphael Fettaya and Eytan Messika, Nilos set out to simplify financial operations for businesses operating in multiple currencies. T

Startbutton expands to 7 Francophone African countries, tapping into a high-growth market

Mallick Bolakale, Startbutton CEO, views Francophone Africa as a market with strong economic potential and less competition compared to Anglophone Africa.