If you could own a part of any network provider in Nigeria, which one would it be? While you ponder, the Nigerian Communications Commission (NCC) has decided that it’d be watching a little more closely when stakes in these companies swap hands.
Get smarter about Francophone Africa with our newsletter, Francophone Weekly—the startups, tech policies, and institutions building the pipelines for ecosystem growth.
Revolut, the London-based neobank with75 million users worldwide and a$75 billion valuation, has confirmed it is targeting a South Africa launch by 2028. Itapplied for a banking licence from the South African Reserve Bank (SARB) in September 2025 and is waiting for regulatory approval before launching products including a zero-fee account, multi-currency wallets, and crypto trading.
South Africa is Revolut’s entry point into Africa, with broader continental expansion planned once it establishes a local foothold. The company plans to introduce its “signature ecosystem” with offerings specifically tailored for the local market.
Originally published by TechCabal.