The Markets

Washington, D.C. September 8, 2025 /Capita Markets in Africa/: Accion today announces the final close of a $61.6 million fund that will invest in early-stage fintech companies meeting the needs of financially underserved people globally. Accion Venture Lab Fund II, LP builds on a decade-long investment strategy focused on delivering social and financial objectives through early-stage venture capital investments. The Fund closed with commitments from both existing and new investors, including commercial and impact asset…

The 23rd Edition of the Connected Banking Summit – Innovation & Excellence Awards 2025 marked a major milestone in Ethiopia’s financial transformation journey. The summit brought together banking executives, fintech leaders, regulators, and technology innovators to explore strategies, collaborations, and technologies shaping the future of digital finance in Ethiopia and across Africa. A Powerful Start: Keynotes & Opening Insights The summit opened with a welcome address by Mohammed Thoufiq, VP Strategic Partnerships at ICSA, who…

The 23rd Edition of the Connected Banking Summit – Innovation & Excellence Awards 2025 brought together the region’s banking powerhouses, fintech innovators, regulators, and digital transformers to shape the future of a digitally inclusive Ethiopia. Keynote Highlights Mohammed Thoufiq (VP Strategic Partnerships, ICSA) opened with “Innovating Financial Services for a Digitally Inclusive Ethiopia”, setting the perfect tone for innovation and empowerment. Mihret Teshome (Summit Presenter) energized the audience, reminding us that digitization and inclusion are…

LAGOS (Capital Markets in Africa) – Solar continues to grow at a steady rate in Africa and now represents 20+ GWp of installed capacity across all segments. And this milestone will be outdated very soon, as over 10 GWp are currently at various stages of construction all over the continent. Whereas new solar installations are slowing down in some parts of the globe, African solar continues to grow and even accelerates it growth. In its…

LAGOS (Capital Markets in Africa) – Following the passage of the Insurance Bill by the Senate (in December 2024) and subsequent approval by the House of Representatives (in March 2025), President Bola Ahmed Tinubu has officially signed the long-anticipated Insurance Bill into law. The presidential assent on Tuesday, 5 August 2025, now transforms the bill into the Nigerian Insurance Industry Reform Act, 2025 (NIIRA 2025)—a landmark legislation providing a comprehensive legal framework for the Nigerian…