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Finance
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Our “Finance” section features articles on the world of business, finance and fintech in Ghana and Africa
Donald Trump’s “Big Beautiful Bill” Act Adds 1% Tax on Remittances
Starting January 1, 2026, people sending cash remittances abroad from the U.S. will be hit with a 1%…
PAPSS Launches Continent-Wide Currency Exchange Marketplace to Boost Intra-African Trade
On the sidelines of the Afreximbank Annual Meeting (AAM2025) in Abuja, the Pan-African Payment and Settlement System (PAPSS),…
Onafriq Announces Intra-Trade Partnership with PAPSS
Onafriq, a Pan Africa payments company, has partnered with the Pan-African Payments Settlement System (PAPSS) to help with…
Flutterwave Cuts Half of Kenya, South Africa Staff Amid Profit Push, IPO Plans
African fintech unicorn Flutterwave has laid off half of its staff in Kenya and South Africa as it…
South African Fintech Lesaka Acquires Bank Zero for $61.4M
Lesaka Technologies is doubling down on South Africa’s fintech boom, agreeing to acquire Johannesburg-based neobank Bank Zero for…
Ghana’s Liquify Raises $1.5M to Digitize Trade Finance for African Exporters
Ghanaian fintech startup Liquify has secured $1.5 million in seed equity funding—plus additional debt financing—to modernize trade finance…
Africa Launches PAPSSCARD to Power Cross-border Payments and Boost Financial Sovereignty
On June 27, at the 32nd Afreximbank Annual Meetings in Abuja, Nigeria, Africa officially launched PAPSSCARD — the…
Wave Mobile Money Raises €117M to Expand Its Services Across Africa
Wave Mobile Money has secured €117 million in debt financing to scale its affordable mobile-first financial services across…
Onafriq and PAPSS Launch Cross-Border Payment Service Pilot in Ghana
Onafriq, in partnership with the Pan-African Payment and Settlement System (PAPSS), has launched a new cross-border payment service,…
Chpter Expands to 11 New African Markets in Flutterwave Partnership
Chpter, a Kenyan software startup powering social commerce, has expanded to 11 more African countries through a partnership…