South Africa in talks with China’s Starlink rival
- Payaza secures SEC approval to raise ₦20 billion under its commercial paper programme.
- The approval is seen as a validation of Payaza's business model and financial health.
- Payaza plans to scale its infrastructure and deepen its reach across Africa with the new capital.
The contrasting approaches to fintech and cryptocurrency regulation in Africa underscore the continent's diverse economic landscapes. While some countries like Nigeria embrace fintech innovation, others like Algeria impose strict regulations on digital currencies, potentially stifling growth and innovation. This divergence presents both challenges and opportunities for investors and entrepreneurs across the region.
