Afridigest Fintech Review: WAGMI — crypto is back in Nigeria
Week 51 2023: Dec 17-23
Afridigest is your intelligent guide to Africa’s tech ecosystem. The Fintech Review is a weekly recap of what matters in African fintech.
Merry Christmas, folks 🎅🏻 🎄
On to the week’s fintech highlights:
• Two fintech fundraises were announced this week.
• News of the week: Nigerian banks and fintechs are collaborating to launch a naira stablecoin (cNGN) in 2024. The Central Bank of Nigeria lifted a crypto ban that had been in place since February 2021. And despite erroneous news reports last week, M-PESA is *not* launching physical debit cards.
• Companies appearing in today’s Fintech Review: Bloc, Mastercard, M-Pesa, Chipper Cash, Pezesha, Marketforce, Duplo, and others.
• Executives appearing: Halal’s Ibrahim Lukman, Onafriq’s Funmi Dele-Giwa, Hipipo’s Innocent Kawoya, Carbon’s Chijioke Dozie, Mono’s Abdul Hassan, Nestcoin/Onboard Wallet’s
Yele Bademosi, Rise’s Eke Urum, Emmanuel Njoku, Olaoluwa Samuel-Biyi, Kenn Abuya, Victor Asemota, Osikhena Dirisu, Olumide Adesina, and others.
With that said, let’s get into it!
