Rostro announced the complete take over of Scope Markets on Monday.
In Africa, Scope Markets' Janet Gikonyo's HR duties now cover both Kenya and Nigeria.

Friday, 13/01/2023 | 15:25 GMT by Solomon Oladipupo

Retail FX

Admirals Secures Kenyan License, Plans Takeover in Seychelles

Admirals obtained a South African license six months ago.
The firm's Cypriot and South African subsidiaries are involved in the Seychelles takeover.

Thursday, 29/12/2022 | 22:45 GMT by Solomon Oladipupo

CryptoCurrency

Nigeria Seeks to Legalize Crypto as Investment Capital

A bill to that effect has passed a second reading at the country's House of Reps.
Nigeria's SEC clarified crypto as securities 7 months ago.

Monday, 19/12/2022 | 13:47 GMT by Solomon Oladipupo

Products

Introduction to Our New Section: Heat Map. Where to Search for New Clients?

The European industry is saturated but still strong as CFD platform adoption grows.

Thursday, 15/12/2022 | 11:13 GMT by Sylwester Majewski

CryptoCurrency

FTX’s Collapse Troubles African Fintech Firms

FTX before its fall processed billions of dollars monthly in Africa.
The Nigerian startup, Nestcoin held its assets (cash and stable) in FTX.

Tuesday, 22/11/2022 | 17:54 GMT by Solomon Oladipupo

FinTech

Can Buy Now, Pay Later (BNPL) Thrive in Africa?

Africa's BNPL market is gaining traction.
Poor credit risk, loan recovery are major barriers.

Tuesday, 28/06/2022 | 15:33 GMT by Solomon Oladipupo

Executive Moves

Oneal Bhambani Joins Flutterwave as CFO

Bhambani joins the company from American Express.
In February 2022, Flutterwave closed its Series D funding round with a valuation of over $3 billion.

Monday, 20/06/2022 | 09:58 GMT by Bilal Jafar

News

MFS Africa Secures an Additional $100 Million in Equity and Debt Funding

The funding was led by Admaius Capital Partners.
The investment will increase MFS Africa’s integration into the global digital payment ecosystem.

Wednesday, 15/06/2022 | 09:50 GMT by Bilal Jafar

Analysis

Payments

Analysis

Can Africa’s Telco Giants Disrupt Nigeria’s Payments Industry?

MTN Nigeria and Airtel Africa want to drive inclusion in Nigeria's payments industry.
Trust, adoption, and acceptance are some of the challenges on their way, experts say.

Thursday, 09/06/2022 | 15:07 GMT by Solomon Oladipupo

FinTech

MFS Africa Acquires GTP in Rare Acquisition of US Tech Firm

The deal is reportedly worth $34 million.
The CEO Okoudjou says the acquisition is a "momentous milestone" for Africa.

Wednesday, 08/06/2022 | 15:52 GMT by Solomon Oladipupo

Analysis

Is South Africa’s FSCA Doing Enough to Stop Illegal Trading?

South Africa is Africa’s largest player in the online forex scene.
Experts say the FCSA is moving at a slow pace.

Monday, 06/06/2022 | 17:05 GMT by Solomon Oladipupo

CryptoCurrency

Is Binance’s AFCON Deal the Starting Pistol in Africa?

Binance’s deal with AFCON is Africa's biggest crypto sports sponsorship yet.
How far can it go in a continent with divided crypto regulations?

Tuesday, 31/05/2022 | 14:00 GMT by Solomon Oladipupo

Analysis

CryptoCurrency

Analysis

Blockchain Funding: Can Countries outside Africa’s ‘Big Four’ Break the Mold?

Africa's blockchain companies raised $127 million in 2021.
However, Nigeria, Kenya, South Africa and Seychelles alone got 96% of the funds.

Tuesday, 31/05/2022 | 07:54 GMT by Solomon Oladipupo

Analysis

CAR: Will Other African Countries Also Adopt Bitcoin as Legal Tender?

Africa is the fastest-growing cryptocurrency market among developing economies.
Infrastructural deficit, distrust, etc. mean BTC as legal tender is far-fetched.

Thursday, 26/05/2022 | 11:35 GMT by Solomon Oladipupo

CryptoCurrency

Blockchain Funding in Africa Beats Others down 11 Times: Report

Blockchain firms' funding skyrockets to 1,668% YoY in Q1 of 2022.
CV VC's new fund will invest in 100 startups in Africa.

Monday, 23/05/2022 | 19:41 GMT by Solomon Oladipupo

News

Mastercard Announces Strategic Collaboration with OPay

The partnership will facilitate a cashless ecosystem.
According to Mastercard, the partnership is an important part of the company’s emerging market strategy.

Friday, 20/05/2022 | 10:34 GMT by Bilal Jafar

CryptoCurrency

MARA to Build Pan-African Crypto Exchange, Advise CAR’s President

Coinbase Ventures is one of the top investors backing the startup.
CAR is first African country to make Bitcoin a legal tender.

Friday, 13/05/2022 | 15:16 GMT by Solomon Oladipupo

Retail FX

Online Retail Forex: Where Does Africa Stand?

Young people are the heart of Africa’s emerging online retail FX industry.
However, weak regulations and illiteracy are stumbling blocks.

Thursday, 12/05/2022 | 16:37 GMT by Solomon Oladipupo

!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}