Digital Economy
Digital Economy
Fintech expansion, e-commerce platforms, telecommunications infrastructure, digital identity systems, and venture-backed technological innovations driving structural transformation across African markets.
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Ghanaian Fintech Seevcash Secures $333,000 in Stellar Community Fund Grants to Expand Diaspora Remittances
The blockchain-powered fintech platform is expanding its digital wallet infrastructure, deepening its MoneyGram integration, and scaling the adoption of its physical Visa cards across African diaspora corridors.
South Africa-Focused Regtech Instarc Secures €1.25 Million to Accelerate Cloud-Native Compliance Platform Rollout
The strategic investment round, led by HFO Investments, will scale the firm's modular regulatory infrastructure designed to streamline customer due diligence and FICA compliance.
Global Ride-Hailing Giant Uber Exits Nigeria and Uganda After Over a Decade of Operations
The multinational platform has abruptly wound down its services in two of its key East and West African markets as part of a broader corporate restructuring and strategic portfolio reset.
Flutterwave Acquires Open Banking Startup Mono in All-Stock Deal Valued Up to $40 Million
African payments giant Flutterwave has acquired Nigerian open banking infrastructure startup Mono, marking a major strategic milestone in the continent's digital financial services ecosystem.
AXIAN Telecom Expands East African Fiber Footprint via Acquisition of Wananchi Group
AXIAN Telecom expands its East African digital infrastructure footprint by acquiring a majority stake in regional internet provider Wananchi Group.
Moniepoint Joins Africa’s Unicorn Club with $110M Series C led by DPI and Google
Nigerian fintech powerhouse Moniepoint has officially crossed the billion-dollar threshold, securing a $110 million Series C funding round led by Development Partners International (DPI) and Google's Africa Investment Fund.