AFTS Holds Ecosystem Mixer in Nairobi, Visa and Yellow Card Partner to Drive Stablecoin Adoption, Nigeria's PaidHR Raises $1.8M, and More
Africa Fintech Summit
The global initiative dedicated to building an ecosystem of investors, pioneers, industry leaders in African Fintech.
What's inside?
AFTSACCRA25 Agenda Unveiled
AFTS Nairobi Roadshow A Success
African fintechs on a global acquisition spree
Bank of Ghana on sweeping reform on digital financial inclusion
Visa & Yellow Card partner on Stablecoin
Onafriq & PAPSS on Ghana payment partnership & MORE!
Making the News!
Ghana - AFTSACCRA25 Agenda Unveiled!
This October (8–10), the Africa Fintech Summit heads to Accra, Ghana, and we’re thrilled to unveil a dynamic program that dives deep into the theme: “From Africa to the World.” From reimagining banking infrastructure and capital markets, as well as exploring the continent’s pace-setting approach to stablecoin adoption, to examining fintech’s role in other industries and Africa’s place as a global tech talent supplier, #AFTSACCRA25 is set to be another exciting, expansive and expert-led edition. Find out more from the agenda announcement HERE.
View the Interactive Agenda for AFTSACCRA25 & Secure Your Place
Kenya - AFTS Nairobi Roadshow was a Success
AFTS' global roadshow & mixer made a stop in Nairobi, Kenya, last Friday, 20th June 2025, at the Nairobi Street Kitchen headed by Foster Awintiti Akugri, Head of Partnerships & Government Relations and Susan Waweru, Chief of Staff! The Mixer brought fintech ecosystem stakeholders for an interactive and fun night in the run-up to AFTSACCRA25, taking place in Accra from October 8 to 10, 2025.
Ghana - The AfCFTA Secretariat has reaffirmed its full confidence in Afreximbank. In response to the recent Fitch downgrade, the Secretariat underscores Afreximbank’s critical role in driving Africa’s economic resilience, industrialisation, and intra-African trade.
USA - Stripe’s former executive helps African diaspora invest in startups and real estate. Read the details at TechCrunch.
Ghana - Ghana’s credit rating rebounds as gold windfall and reforms pay off. Read further at the Kenyan Wall Street.
Amplify Your Brand at AFTSACCRA25 - Find Sponsorship Prospectus Here
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Visualization of the Week
Yellow Card has released its 2025 regulatory report, entitled "The State of Digital Assets Regulation in Africa," providing a deeper insight into the state of regulatory oversight over digital assets in Africa. Deep dive into the report HERE.
Featured Read
In our 2025 editorial, we spoke about expecting an increased M&A activity in the Fintech space within the continent, and the first half of the year has brought quite a few M&A news. Launch Base Africa has issued a piece entitled "The Hidden Forces Behind Africa’s Startup-led Acquisition Wave". Enjoy reading!
Mergers & Acquisitions Activity
Canada/Africa: Pesa acquires UK EMI, Authoripay to begin Europe expansion.
Nigeria: African remittance startup LemFi has acquired UK card issuer Pillar to tap into the remittances boom and immigrants’ need for financial services.
USA - ACKWEST Group, a first-party data creation company, today announced the acquisition of Safiyo, a mobile-first research platform specializing in real-time consumer insights across Africa.
Nigeria - Chowdeck has acquired Mira, a restaurant point-of-sale and management system, in a move that underscores the startup’s push beyond last-mile logistics into the operational core of food businesses.
Banking & Telcom Activity
Ghana: Bank of Ghana is set to implement sweeping reforms to deepen digital finance inclusion and interoperability in the country, with a clear push towards biometric authentication, artificial intelligence (AI) governance, and open banking standards.
Stablecoin, Crypto & Blockchain Activity
Africa: Stablecoin adoption in Africa took another leap with a partnership announced with AFTS sponsor and partner Visa and AFTS' AE pitch competition past participant and African financial infrastructure giant Yellow Card! As part of the partnership, the two will explore opportunities to streamline treasury operations, enhance liquidity management, and enable faster and more cost-effective transfers. Read further at Bloomberg.
Resources for Founders & Startups
Africa Fintech Summit is pleased to announce that registration for the 8th Alpha Expo Mini Accelerator & Pitch Competition is now open! Early-stage startups have until July 15, 2025, to apply. 15 startups will be selected, out of which 50% will be from the host country, Ghana. All selected startups will take to the stage during AFTSACCRA25 in Accra on October 08-10, 2025! Apply HERE.
READ THE ANNOUNCEMENT & APPLY FOR ALPHA EXPO MINI ACCELERATOR & PITCH COMPETITION HERE
Sub-Saharan Africa: AFTS' Partner The SME Finance Forum, Managed by IFC, has issued a call for Expression of Interest for the IFC Catalytic First Loss to support Climate, Agriculture, and Women MSMEs in Sub-Saharan Africa (‘SSA’). Financial service providers and Fintech lending to MSMEs are encouraged to read the criteria and apply for the facility aimed at unlocking funding gaps to MSMEs in Africa by covering the default risks of qualified lenders. Deadline for application is 25 June, and apply HERE.
Startup & Funding Activity
Ethiopia - Beemi raised $1M to change livestreaming experience.
Kenya - Twiga pauses Nairobi operations for overhaul.
South Africa - Energy startup Wetility raises $27.8m funding to solar power thousands of homes.
Kenya - Chpter expands via Flutterwave deal that opens 11 new markets for WhatsApp-based selling.
Egypt: Logistics startup Octane raises $5.2M for MENA fleet payments
AFTS Community Activity
Ghana: AFTS' long-time partners, Onafriq and Pan-African Payment and Settlement System (PAPSS), announced the launch of a new cross-border payment service that will initially pilot outbound transactions in Ghana. Effective immediately, banks partnering with PAPSS and Onafriq’s authorised fintech, mobile money service providers and traditional partners in Ghana can enable their customers to send and receive money directly into mobile wallets and bank accounts.
Nigeria: AFTSNairobi24 sponsor & payroll solutions startup PaidHR raised $1.8M for payroll innovation.
2025 Startup Funding to Date - WeeTracker
Video of the Week!
In this fireside chat in AFTSLusaka23, John Bosco Sebabi - Deputy CEO PAPPS outlines how PAPPS is powering intra-African trade with innovative cross-border cross-currency and interoperable payment solutions!
Amplify your brand, services and products at the 14th AFTSACCRA25 taking place in Accra, Ghana on 08-10 October 2025.
Reach out to us at Info@africafintechsummit.com to discuss sponsorship & partnership opportunities!
REGISTER FOR AFTSACCRA25 NOW with a 25% discount GIPC25
Flashback from #AFTS Nairobi Mixer at the Nairobi Street Kitchen
#AFTSACCRA25 Sponsors
SHRINQ LIMITED, Analytix Engine, SecondSTAX, Flutterwave, MDP, Fincra
#AFTSACCRA25 Strategic, Media & Knowledge Partners
Ghana Investment Promotion Centre, SME Finance Forum, Managed by the IFC (International Finance Corporation), Institutional Investor Network, African Media Agency (AMA), Blacvolta, Corporate Council on Africa, Briter, Ghana Fintech and Payments Association, Ghana FinTech Awards, Afropolitan Cities, F3 Global Advisory Group