Why investors are looking at African Fintech again
The Mail & Guardian | 18.05.2026 17:47
In November last year, two African fintech companies, South Africa’s Optasia and Morocco’s Cash Plus, both entered public markets within weeks of one another, marking the region’s first notable fintech IPOs since before the pandemic-era funding boom accelerated investor appetite across the sector. Optasia listed on the Johannesburg Stock Exchange at a valuation of roughly $1.4 billion after raising approximately $345 million, while Cash Plus raised approximately $82.5 million through its Casablanca listing at a valuation near $550 million – both across primary and secondary transactions.
