Afro-Preneur

Mobile money has transformed Africa’s financial landscape, providing millions with access to banking services without the need for traditional bank accounts. As we enter 2025, the mobile money ecosystem continues to evolve, driven by innovation, regulatory shifts, and increasing financial inclusion. Here’s what you need to know about the future of mobile money in Africa. 1. Expansion of cross-border transactions One of the most significant trends shaping mobile money in 2025 is the expansion of cross-border payments. With initiatives such as the African Continental Free Trade Area (AfCFTA) and the Pan-African Payment and Settlement System (PAPSS), more mobile money providers are facilitating seamless international transactions. This is expected to boost trade and financial integration across the continent. 2. Integration of artificial intelligence and blockchain Financial technology companies are increasingly leveraging artificial intelligence (AI) and blockchain to enhance secur...

Starting or expanding a business in Africa requires capital, but securing funding can be a major challenge. Fortunately, in 2025, several business loans and grants are available to support African entrepreneurs. Whether you are launching a startup, growing your small business, or investing in new technology, this guide will help you find the best financing options. Why business funding matters for African entrepreneurs Africa is a rapidly growing market full of opportunities. However, access to capital remains a barrier for many entrepreneurs. Traditional banks often require high collateral, and interest rates can be discouraging. This is why business loans and grants from governments, international organizations, and private investors are crucial in helping African businesses thrive. Let’s explore some of the best funding opportunities available in 2025. 1. The Tony Elumelu Foundation (TEF) entrepreneurship programme Funding type: Grant Amount: $5,000 seed capital Who can apply: Entr...