Our 2024 in Review, Flutterwave Makes Fast Company's "Brands that Matter" List, Nigerian Fintech Billboxx Raises $1.6M, and More

Our 2024 in Review, Flutterwave Makes Fast Company's "Brands that Matter" List, Nigerian Fintech Billboxx Raises $1.6M, and More

How time flies, especially in Africa's very dynamic fintech ecosystem! With a combined readership of 75,000 people globally who received our 73 insightful newsletters issued during the year, the Africa Fintech Summit team has summarized our ten most-read newsletters in this special?2024 in Review?edition!

What is in store for 2025?

We will intensify our content production & thought leadership efforts in Africa's Fintech space in 2025 with new initiatives including:

  1. An e-book & editorial piece entitled Setting the Expectation - Africa's Fintech & Investment Outlook for 2025 - to be issued in this newsletter in the first week of January 2025
  2. A new Podcast - our Africa's Fintech Rising Podcast and Ask the Investors Series will be combined to create a new podcast, hosted by AFTS'?Co-Founder Zekarias Amsalu, as a?new feature for 2025!?
  3. Early-Stage Startup Pitch Competitions and our flagship in-person summits in Washington DC?on April 24?& in West Africa in Q4 of 2025!?


Your Invitation to Get Involved

As?we amplify & contribute to Africa's Fintech eruption in 2025 and beyond, we invite you to support our efforts!??Thank you, and happy reading!

Subscribe to Africa's Weekly Fintech Review Newsletter Here

Support Africa's Weekly Fintech Review Newsletter Financially

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Our Most-read Newsletters for 2024??

  1. In the Africa's Fintech & Investment Outlook for 2024 Newsletter, we highlighted what we expect 2024 will bring to the African's Fintech ecosystem, including:

  • The Africanization of global tech will continue
  • Embedded fintech is the future
  • Diversification of funding amidst VC slowdown, including debt financing & locally-sourced funding
  • Cash is king & unit economics are important, and some cash-strapped startups may cease to exist
  • Market consolidation & M&A proliferation amidst corrected valuation, mainly vertical/horizontal acquisitions?
  • Crypto use cases will grow,?cryptocurrency's future is being defined in Africa remains strong
  • Impact AI, not glamor AI, in Africa
  • Logistics & trade tech Innovation pays
  • Fintech founders' leadership quality will matter, including effective storytelling & crisis management
  • Climate Tech and carbon credit initiatives harnessed by fintechs
  • Africa will continue to be a magnet for global fintechs
  • AfCFTA will expand cross-border trade within

Which of these predictions resonated with you and Africa in 2024?


2. In The History & Future of Bitcoin in Africa Newsletter of 03 Dec 2024, we covered the history/future of Bitcoin as well as the cascaded impact of Bitcoin in Africa, including P2P, last mile financial inclusion, AI & Data Centre growth, rural electrification, forex income via power sale?to bitcoin mining for Governments and many more!?

3. The Stablecoin is the future of Africa's Remittance & Trade with Rest of The World. newsletter of October 27, 2024, was another one of our?most-read newsletter issues this year!?

4. The newsletter of Here is What Happened in AFTSNAIROBI24 of September 15, 2024, was also another highly read newsletter!?

Other Top 6 Most Read Newsletters for 2024

April 22, 2024 -?What Happened at AFTSDC24??

July 21, 2024 -?Africa's Weekly Fintech Review 07/21?

Sep?22, 2024 - Africa's Weekly Fintech Review 09/22

July 07, 2024 - Africa's Weekly Fintech Review 07/07

Oct 20, 2024 -?YellowCard $33M Funding, JPM Opened Nairobi & Abidjan Offices & More News- Africa's Weekly Fintech Review

August 04, 2024 -?Africa's Weekly Fintech Review - 08/04


Top Stories of this?Week

Nigeria -?African fintech success story Flutterwave was named to Fast Company’s 4th?annual list of “Brands That Matter”.??

Africa - Cauris Finance secures $40 million debt facility to back African fintechs

UAE -?Circle, issuer of USDC stablecoin,?expands into the Middle East with ADGM Incorporation.?

Nigeria -?YC-backed internet provider Tizeti will become the first Nigerian startup to list on IPO-starved Nigerian Exchange (NGX), Techcabal reports.?

Nigeria - Fintech startup Billboxx raises $1.6 million in pre-seed from Norrsken & 54 Collective.?

Senegal - LAfricaMobile closes its $7 million Series A funding to drive cloud communication and AI in Africa.

USA/Africa -?YC-backed Zimi raises $2M to help international merchants easily sell in the U.S.

USA -?Circle and Binance Form a strategic partnership to accelerate global USDC and crypto adoption.

Nigeria - Klasha, an African payment solution startup, partners with LianLian Global to power cross-border trade between Africa & China.?

Africa - African crypto startup Yellow Card and Lightspark partner to bring Universal Money Address (UMA) to African businesses and consumers.


Visualization of the Week?

Africa's population density is the visualization for the week as presented by Visual Capitalist in their article of Feb 2024 HERE.?


Save the Date!


Video of the Week!

The video for the week features highlights of the 12th Africa Fintech Summit, which was held at the JW Marriott Hotel in Nairobi, Kenya, from September 4 to 6, 2024.


Flashback from #AFTSNAIROBI2024

#AFTSNAIROBI2024 Partners & Sponsors

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