The hottest fintech market you aren’t paying attention to

Hello and welcome back to Equity, TechCrunch’s venture-capital-focused podcast, where we unpack the numbers behind the headlines. For our Wednesday show this week, Natasha and Alex and Danny had colleague Tage Kene-Okafor on the show to chat about the burgeoning African startup scene. Tage has become TechCrunch’s key correspondent in the area, chronicling the continent’s expanding venture capital totals, […]

African fintech Pngme raises $15M for its financial data infrastructure platform

Unbundling financial data through APIs and driving data-driven insights with value-add products in Africa keeps getting more exciting as major players continue to raise more money for scale. Less than a year after its $3 million seed round, San Francisco- and Africa-based fintech Pngme has snapped up another $15 million for its financial data infrastructure […]

A leaked bill for Nigerian startups reveals a theme of licenses, fees, fines, and sentences

For a while, there have been talks about revamping the outdated 2007 Act of Nigeria’s information and technology body, the National Information Technology Development Agency (NITDA). The bill which established NITDA as the agency to oversee Nigeria’s technological transformation is quite outdated. This past decade, Nigeria has arguably become Africa’s most attractive destination for venture […]

Facebook adds four new branches to its 2Africa subsea cable network

Facebook today announced that it would extend the “most comprehensive” subsea cable to serve the African continent and Middle East region to four more branches. Facebook will do this in collaboration with the 2Africa consortium that includes China Mobile International, MTN GlobalConnect, Orange, STC, Telecom Egypt, Vodafone, and WIOCC. The new branches are Seychelles, the […]

Gordon Brown hits out at EU’s ‘neocolonial approach’ to Covid vaccine supplies

Former UK prime minister calls on western leaders to convene summit to address Africa’s vaccine deficitGordon Brown: the world is making billions of Covid vaccine doses, so why is Africa not getting them?Gordon Brown has accused the EU of adopting a “n…