1+ hour, 15+ min ago  (505+ words) Nigerian Canadian fintech startup, Chimoney, has shut down after failing to raise enough capital to sustain its cross-border payments business, marking another casualty in Africa's tightening venture funding environment. Chimoney, founded in 2022 by Uchi Uchibeke, said in a May 2026 email…...

3+ day, 10+ hour ago  (232+ words) Morocco has launched its first major foreign exchange crackdown targeting cryptocurrency and digital asset holders as authorities intensify efforts to curb unauthorized overseas transfers and capital flight, according to local media reports. The country's Foreign Exchange Office said it had…...

1+ week, 5+ day ago  (453+ words) By Blake Player, Chief Commercial Offiver, VALR An overdue conversation South Africans should be having: why do we still have exchange control in 2026, and why is crypto now being pulled inside it? National Treasury published the draft Capital Flow Management…...

2+ week, 1+ day ago  (359+ words) South African Bitcoin payments firm, Money Badger, has welcomed the release of draft Capital Flow Management Regulations, 2026 but raised concerns about aspects of the public consultation process and the scope of the proposed rules. REGULATION | South Africa's Draft Capital Flow…...

2+ week, 1+ day ago  (489+ words) Crypto assets would also be brought under formal money-flow regulation as part of the broader overhaul. South Africa is betting that rewriting decades-old money rules could unlock one of the biggest investment opportunities in emerging markets. The country is planning…...

2+ week, 4+ day ago  (330+ words) South Africa's National Treasury has published draft regulations aimed at tightening oversight of cryptocurrencies by bringing them under the country's existing exchange control framework. The proposed Capital Flow Management Regulations, 2026 seek to subject crypto transactions to similar rules that govern…...

2+ week, 5+ day ago  (624+ words) Under the proposals, residents may be barred from buying, selling, lending or transferring crypto assets above set thresholds except through authorized providers. Transactions would also need a declared purpose, with potential penalties. The regulations could also compel disclosure of private…...

2+ week, 6+ day ago  (678+ words) Payments provider, Ozow, has announced a new partnership with SME financial services platform, Lula, aimed at expanding access to business funding for small and medium-sized enterprises (SMEs) across South Africa. The partnership introduces a new funding access channel for Ozow's…...

3+ week, 5+ hour ago  (288+ words) Despite the rebound in capital, deal structures pointed to a market still in its infancy. Nigerian Web3 startups recorded 82 deals in 2025, up from 72 a year earlier, but 73 of those were grant-based, with only one Series A transaction completed during the year....

4+ week, 1+ day ago  (419+ words) Money Gram has revealed that it has partnered ith NALA, a leading African fintech, to power payouts across Africa via stablecoin settlements. In an X post, Money Gram said that it is leveraging NALA's licensed stablecoin on-and off-ramp infrastructure, Rafiki,…...