The Central Bank of West African States, responsible for regulating the banking sector in West Africa.
Semoa’s Level 3 bet on Francophone fintech
Semoa a été fondé en 2016 et propose des solutions de paiement numérique au Togo. WhatsApp Banking permet aux utilisateurs d'effectuer des transactions bancaires via WhatsApp, avec environ 300 000 utilisateurs au Togo.
How debt will drive the future of African startups
Obsolete regulations and strict banking rules hinder Francophone African startups from obtaining funding. A fintech passport agreement between Ghana and Rwanda could facilitate cross-border growth.
Côte d’Ivoire’s CDC-CI Capital Invests $1.4 Million in Payments Startup Julaya to Boost Regional Expansion
CDC-CI Capital invested 800 million CFA francs in Julaya through a convertible bond agreement. The investment was signed on October 17, 2025, marking a significant step in supporting local fintech ventures.
Flutterwave Secures Full License to Launch Seamless Payments in Senegal
Flutterwave secured a Payment Institution license from the BCEAO. The license allows Flutterwave to offer payment services in Senegal.
