B2B payment platform Nilos expands to West Africa, promising faster and cheaper cross-border payments
Nilos has announced its expansion into West Africa, specifically targeting the Ivory Coast, Senegal, Benin, and Togo. The company will introduce instant payouts in the West African CFA franc (XOF) to enhance transaction speed.
Cryptocurrency Mobile Money Integration in 6 African Nations
Binance expands cryptocurrency access in Africa. Users in Benin, Cameroon, Ivory Coast, DRC, Togo, and Senegal can buy crypto via mobile money.
Binance Expands Crypto Access in West and Central Africa with Mobile Money Integration
Binance expands services to Benin, Cameroon, Ivory Coast, DRC, Togo, and Senegal. Users can purchase cryptocurrency via mobile money payments.
Founders continue to raise debt as funding decline persists, according to the State of Tech in Africa report
Founders only raised $779.7 million in H1 2024, the lowest amount since 2020. The decline in equity deals continues despite startups refocusing on becoming profitable and taking cost-cutting measures including layoffs.
