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Empowering the Next Generation of African Entrepreneurs: A Conversation with Rhea Singhla

  • Daisy Atino

Daisy Atino

Nov 1, 2023 • 10 min read
Empowering the Next Generation of African Entrepreneurs: A Conversation with Rhea Singhla
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dLocal Acquires Nairobi’s AZA Finance in $150M Deal to Boost Africa Presence

dLocal Acquires Nairobi’s AZA Finance in $150M Deal to Boost Africa Presence

Latin American payments giant dLocal has announced plans to acquire AZA Finance, a Nairobi-based cross-border payments startup, although the acquisition remains subject to regulatory approvals. The two companies initially partnered in February to co-expand their offerings through cross-selling. Now, dLocal, which is valued at over $5 billion and headquartered in
Jun 4, 2025 1 min read
Nigerian Fintech Moniepoint Secures Approval to Enter Kenya’s Market

Nigerian Fintech Moniepoint Secures Approval to Enter Kenya’s Market

Nigerian fintech Moniepoint is poised to expand into Kenya’s financial sector following regulatory clearance for its proposed acquisition of a 78% stake in Sumac Microfinance Bank. The green light from the Competition Authority of Kenya (CAK) positions Moniepoint for a strategic entry into East Africa’s high-growth digital finance
Jun 4, 2025 1 min read
AXIAN Telecom Acquires Stake in Jumia

AXIAN Telecom Acquires Stake in Jumia

Pan-African telecom operator AXIAN Telecom has acquired an 8% minority stake in Jumia, the e-commerce platform. The stake acquisition was disclosed through a Schedule 13D filing with the U.S. Securities and Exchange Commission. AXIAN Telecom, which operates across several African markets, described the investment as part of its broader
Jun 4, 2025 1 min read
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