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Francophone Africa s first unicorn Wave lays off 300 employees

Francophone Africa’s first unicorn, Wave, laid off 15% of its staff last month. The wave of layoffs continues to sweep through Africa with mobility startup Swvl and healthtech startup Vezeeta laying off 400 and 50 employees respectively.

Burkina fasoCoted ivoireIvory coastJessica chervinPartech africaSam altmanFounders fundInternational finance corporationFrancophone africaDrew durbinLincoln quirkSequoia heritageBlue orchardAbility investments

Wave Mobile Money the first fintech to be granted an Electronic Money Institution licence

Africa Business Communities

Marlene mutimawaseCentral bankElectronic money institutionWave mobile money groupWave mobile moneyDigital financeElectronic money establishmentWest african statesDrew durbinRegional director

CLOSE-UP: Flutterwave, OPay nine most valuable African startups

In 2021, Nigerian startups deploying tech tools to innovate ideas got investors' attention with an estimate of $1.37bn in funding investment.

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Metrobank, Sendwave app partnership offers fee-free remittance services

Last year, Filipinos living and working in the United States sent over $11 billion to their loved ones and charitable causes in the Philippines. To ensure that they are able to continue to provide support to their motherland, Sendwave is making it easier and more affordable for Filipinos to send…

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Wave – The Money Transfer App That Helps You Send Money Instantly With No Fees to Mobile Users in East Africa

Wave – The Money Transfer App That Helps You Send Money Instantly With No Fees to Mobile Users in East Africa
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