African fintech is regaining investor attention as the sector matures beyond venture-led growth into sustainable, revenue-generating businesses capable of attracting institutional capital. Recent IPOs by South Africa’s Optasia and Morocco’s Cash Plus, alongside expectations around Airtel Africa’s mobile money business and OPay, signal renewed confidence in African fintech’s long-term potential. With fintech revenues projected to reach $65 billion by 2030, the continent continues to benefit from rising smartphone penetration, mobile money adoption, and a young, urbanising population. Increased merger and acquisition activity, stronger local partnerships, and improved funding momentum in 2026 suggest African fintech is entering a new phase focused on scalability, profitability, and liquidity opportunities for investors.
Tag: mobile money Africa
Tanzania’s Payments Evolution: Mobile Money Providers Lead Banks to a Digital Issuing Future
Tanzania’s payments evolution is being led by mobile money providers, virtual card innovation, and fintechs, challenging banks to accelerate digital issuing. Discover how Dar es Salaam is becoming a hub for mobile-first financial services and a cash-lite economy.