Category: Fin Tech
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PayPal’s Crimax Deal: A New Era for Pan-African Digital Transactions
PayPal’s deal with Crimax signals a shift toward deeper collaboration between global payment giants and African-grown fintechs, with big implications for how Africans send, receive, and spend money across borders and within the continent’s digital economy. [1][2] Setting the stage: PayPal’s new Africa play For years, PayPal treated Africa largely as a “send-only” market, limiting…
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Inside Myanmar’s Cybercrime Underworld: A Times Reporter’s Rare Glimpse into a War-Zone Scam Hub
In a shocking investigation, Hannah Beech, a correspondent for The New York Times, managed to gain rare access inside one of Myanmar’s secretive cyberscam centers—a place where digital scammers, many of them Chinese nationals, are orchestrating global fraud operations in the middle of a chaotic war zone. These centers, often located in conflict-torn border regions,…
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🇬🇭 Ghana Passes Law to Legalize Widespread Use Of Cryptocurrency
Ghana’s parliament approved the legalization of cryptocurrency, a move to address central bank concerns about the widening and unregulated use of the alternative asset in the West African country. Passage of the Virtual Asset Service Providers Bill will facilitate the licensing of crypto platforms and supervising activity, Bank of Ghana Governor Johnson Asiama said at…
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🇬🇭 Digital Realty’s New Data Center in Ghana: A Catalyst for Digital Sovereignty and Pan-African Connectivity
A new digital infrastructure milestone is set to reshape West Africa’s technological landscape. Global colocation giant Digital Realty has announced the launch of its first data center in Accra, Ghana, marking a significant strategic expansion of its PlatformDIGITAL® across the African continent. This state-of-the-art facility, known as ACR2, promises to bolster Ghana’s digital economy, enhance…
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Xsolla teams up with Early Warning Services to enable Paze℠ to streamline online checkout for U.S. gamers
At Xsolla, we believe that delivering convenient, secure, and innovative payment solutions is essential to the success and long-term growth of game developers around the world. Every solution we build is designed with the developer’s business needs and the player’s experience in mind because games thrive when payments are seamless. As part of our ongoing…
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Leading Fintechs in Pan-African Countries
Fintech funding and market size vary significantly across African countries, with Nigeria, South Africa, and Egypt consistently leading in both venture capital and active market volume, followed by rapidly advancing markets like Ghana, Ethiopia, Senegal, Liberia, Côte d’Ivoire, and Gambia���. Funding Leaders: Nigeria, South Africa, and EgyptNigeria is the continent’s powerhouse, often drawing a third…
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Where Millionaires in Africa Reside
Where Africa’s Millionaire Population ResidesBelow, we show the number of millionaires in Africa. Countries such as Tunisia and DRC are not included due to insufficient data. Country Number of Millionaires(USD $1M+) Number of Centimillionaires(USD $100M+) Millionaire Growth2015-2025🇿🇦 South Africa 41.1K 112 -6%🇪🇬 Egypt 14.8K 49 -15%🇲🇦 Morocco 7.5K 35 40%🇳🇬 Nigeria 7.2K 20 -47%🇰🇪 Kenya…
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🇭🇹 Antreprann: The Digital Revolution of Haitian Entrepreneurship Coming August 11, 2025
In Haiti, launching an entrepreneurship business is often a real challenge. Lack of financing, scattered information, a lack of visibility for local startups, and difficulties finding mentoring or reliable partners… Many entrepreneurs find themselves facing their challenges alone, which hinders innovation and the country’s economic growth. In response to this, Antreprann was born. Accessible at https://antreprann.ht,…
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🇲🇼Malawi Could Get Its First Dollar Billionaire
According to Billionaires Africa, Malawi may soon join the list of African nations with billionaires. Banker Thom Mpinganjira is poised to become the country’s first dollar billionaire. His net worth is now estimated at over $1.12 billion, driven by a sharp rise in the shares of FDH Bank Plc — Malawi’s largest publicly listed company.…
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🇬🇭 IMF Sends Warning to Ghana After Cedi Outperforms US Dollar – What’s Really at Stake for Africa’s Economic Future
In a surprising twist that has sent ripples through global financial markets, Ghana’s national currency, the Cedi, has emerged as the top-performing currency in the world, overtaking the US Dollar in a manner few financial analysts predicted. For many Ghanaians and Pan-African economic watchers, this achievement represents more than a currency milestone—it’s a symbol of…
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