Ventures
MMFL CEO says MoMo independence means credit products, group savings, and native financial services
Shaibu Haruna says the separation from MTN Ghana allows MMFL to act as a fintech directly rather than a fintech-enabler inside a telco.
Startup funding, launches, and venture capital activity
Kumasi-based Sesi Technologies joins nine other African startups in this year's Qualcomm mentorship. Its Qualcomm project is an AI field device for early cocoa quality assessment — the kind of tool COCOBOD has been trying to deploy at scale for a decade.
Ebenezer Ghanney and Desmond Nyamador's cross-border payments company has been registered as a Payment Service Provider under Canada's Retail Payment Activities Act.
Axian's stake-build into Jumia ran from 8 percent in June 2025 to 9.97 percent by August. The Berlin court appointed Hiridjee to the Supervisory Board. All we see is that analyst class catching up to where the cap table already is.
Matt and Laura Davis's pan-African fund has been investing in early-stage African tech for over a decade. The $330 billion figure tracks with the IFC's own SME financing gap estimate. The part of the pitch that matters is which founders actually convert the TAM into working product.
The GHS 383 million first close is the first real proof that the NPRA's mandatory PE/VC allocation is producing deployable capital.
The president's campaign pledge to back Ghanaian fintechs with a $50 million fund is now being operationalised. Disbursement timelines remain unclear.
African startups raised $575 million in the first two months of 2026, but fintech dropped from first to fourth place as logistics and energy surged.
West Africa's first domestically domiciled private fund of funds reaches $35 million first close, backed mostly by Ghanaian pension funds.