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OPay’s 2031 ambition: Can one fintech serve one billion users?
OPay currently serves 46 million users in Nigeria (according to its own estimates) — roughly 0.23% of Nigeria’s over 200 million population. Outside Nigeria, the fintech has footprints in Egypt, Indonesia, and Pakistan.
Norebase report finds Nigeria, Rwanda among Africa’s fastest incorporation markets
The findings arrive as African governments compete to attract founders and foreign investment by simplifying the mechanics of starting a business.
👨🏿🚀TechCabal Daily – BVNK once for stablecoins
In today's edition: LemFi, BVNK partner to use stablecoins for remittance || Shareholders agree on Nedbank-NCBA merger || Court settles Nigeria’s airtime lending dispute || Kenya introduces new telecom licence
South Africa wants more African trade. Stablecoins could help make it happen.
Only about 15% to 18% of South Africa's trade is with African countries, highlighting how much work remains before AfCFTA can achieve its ambitions.
Rank launches community finance products to expand access to capital
Rank is betting that digitising community-based finance can offer an alternative route to accessing capital for young entrepreneurs and workers.
SASSA August 2026 payment dates: Full schedule, grant amounts and SRD
The payment dates are based on the official 2026/27 grant payment calendar published by the Department of Social Development and approved by the National Treasury.
Francophone Africa’s smallest shops could become its biggest business opportunity
How Francophone West Africa's corner shops became the continent's most overlooked commerce opportunity and the startups racing to serve them.
State of Tech in Africa H1 2026 recap: Is consolidation the new growth story?
At the launch of the State of Tech in Africa H1 2026 report, investors and founders got candid about why early-stage capital has dried up, what African venture capital owes the ecosystem, and where the next wave of growth is actually coming from.
👨🏿🚀TechCabal Daily – Lie detector test for SIM cards
In today's edition: South Africa overhauls SIM registration || GTBank Kenya needs a new managing director || Cyberattacks in Kenya || Malawi wants to break telecom duopoly
Safaricom’s financial services chief joins wave of senior executive exits
Waititu's last day will be July 31, according to the email. Safaricom has appointed Boniface Mungania, its Director of Public Sector Digital Transformation, as interim chief financial services officer.
China’s AI models have Trump’s AI world at war with itself
This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first, sign up here. Over the weekend, several current and former advisors to President Donald Trump on AI publicly lobbed insults at the country’s leading AI comp
South Africa wants every SIM card to become a trusted digital ID
South Africa is overhauling its SIM registration system to strengthen identity verification and curb digital fraud.
Nigeria’s central bank is rewriting the rules for fintech growth
Over the past decade, the playbook for Nigerian fintechs has been remarkably consistent: build payment products, acquire merchants, scale transaction volumes, obtain microfinance bank licences, expand into lending, and eventually launch savings products.
GTBank Kenya begins search for new MD as Jubril Adeniji returns to Nigeria
His departure comes after a tenure in which GTBank Kenya sought to strengthen its balance sheet and reposition the business for growth.
Morocco’s VOVE ID launches compliance readiness program for African startups
Startups operating in regulated or trust-sensitive sectors can now apply for VOVE ID's Compliance Infrastructure Program, designed to identify gaps in their onboarding, fraud prevention, and other compliance processes.