🇨🇮Côte d'Ivoire
Payment trends and fintech news from Côte d'Ivoire
BnB Liberia and Orange Money Launch Cross-Border Remittance Service Across Eight African Nations
BnB Liberia and Orange Money have introduced a cross-border mobile money remittance service linking eight African countries, aiming to streamline intra-regional transfers. The launch aligns with broader continental efforts to reduce the cost and complexity of cross-border payments through both commercial partnerships and central bank-led interoperability pilots.
MTN Group Launches Pan-African Streaming Service One TV
MTN Group has launched a new video streaming platform, One TV, in four African countries. The service represents the telecom operator's renewed attempt to capture a share of the continent's growing digital content market.
Interswitch partners Temenos to expand banking technology services in Africa
Interswitch has partnered with Temenos to offer managed banking services to financial institutions across Africa. This collaboration enables Interswitch to provide comprehensive banking technology solutions, targeting the modernization of legacy systems in key African markets.
Esca Finance Partners with MANSA for Same-Day African Payment Settlements
Esca Finance has partnered with MANSA to enable same-day payment settlements across key African corridors, utilizing stablecoin-backed infrastructure. This collaboration aims to enhance liquidity and accelerate cross-border transactions for businesses, reducing the need to pre-fund accounts in multiple markets.
French Development Agency Proparco Invests $2 Million in Ivorian Fintech Cauridor
Proparco, the French development finance institution, has invested $2 million in Ivorian fintech Cauridor to support its expansion of cross-border payment infrastructure across Africa. The funding is part of a Series A round aimed at improving the efficiency and reducing the cost of intra-African remittances.
Madica invests $600,000 in three African pre-seed startups
Madica has invested $600,000 across three African pre-seed startups in Kenya, Nigeria, and Côte d'Ivoire. The structured program provides capital and mentorship to founders building foundational technology in logistics, fintech infrastructure, and B2B commerce.
Egypt's Beltone Acquires Baobab Group for $235 Million in Pan-African Expansion
Egypt's Beltone Holding has completed its €197.6 million acquisition of Baobab Group, gaining access to the digital financial services group's operations across eight African countries. The deal represents a significant cross-border investment in Africa's fintech sector and expands Beltone's footprint into Nigeria and Francophone West Africa.