Hi, welcome to Tech This Evening, an After-Work Tech Newsletter from Techparley Africa. Sure, there is a lot to unpack right now. Sit back, while I walk you through.
Top Story: Cashi and IFC is Bringing Digital Finance and Mobile Payments to Underserved Communities in Chad
The International Finance Corporation (IFC), a member of the World Bank Group, has announced a partnership with fintech company Cashi to expand digital payment infrastructure across Africa, with a focus on Chad.
The collaboration targets low-connectivity environments where traditional banking services are scarce and cash remains the dominant medium of exchange.
“IFC’s upstream support allows us to adapt our proven, crisis-tested platform to the realities of central Africa. This partnership enables us to work closely with regulators and ecosystem partners, build trust with local merchants, and deliver practical financial tools that people can use in their daily lives, even in low-connectivity environments,” said Tarneem Saeed, CEO, Cashi.
“Expanding access to digital financial services through innovative, tailored solutions is critical in markets where smartphone penetration is low,” said Olivier Buyoya, Division Director for West Africa, IFC. “This project underscores IFC’s commitment to support accessible, low‑tech, and resilient architecture solutions that boost access to finance for individuals and businesses in the Sahel more broadly.”
Other Tech News Stories You Should Read:
Nigeria’s Fixr Technologies is Building Contractor-Led System to Fix Africa’s Broken Service Marketplace Model. Read now.
Inside Cents $140m Plan to Power the Future of Laundry with AI, Software, Data and Digital Payments. Read now.
How Shield AI’s Latest $1.5 Billion Funding Highlights the Potential of Military Software to Shape the Future of War. Read now.
On Startup Spotlight:
Fuze and Miden Wants to Use Privacy-First Blockchain to Transform Digital Finance and Payments
Fuze, one of the fastest-growing financial infrastructure providers in the Middle East and Africa, has entered a partnership with Miden, a blockchain company backed by a16z and other prominent investors.
The partnership is designed to support regulated digital asset use cases across payments, remittances, and wealth services, creating a bridge between blockchain innovation and real-world financial applications.
“When blockchain meets financial services, the real challenge isn’t the technology; it’s balancing privacy, interoperability, and regulatory compliance. Miden’s approach to privacy-first infrastructure complements our distribution and partnerships across the region, creating a powerful foundation for adoption,” said Mohammed Ali Yusuf (Mo Ali Yusuf), CEO, Fuze.
“For digital assets to move beyond experimentation, they need infrastructure that institutions and regulators can actually deploy in the real world. Working with Fuze allows us to design systems that pair privacy and control with regulatory clarity, starting in markets that are already leaning into this future,” said Azeem Khan, Co-Founder, Miden.
Quadri Adejumo brings you all the details. Read here.
Also Read:
Egypt’s Qualiphi Acquires Career Club to Scale AI-Powered Career Services Across Middle East and North Africa. Yakub Abdulrasheed brings us the details, here.
Quote of the Day:
“Any sufficiently advanced technology is equivalent to magic.” – Arthur C. Clarke.
Thank you for joining me yet again this evening. Stay safe, and see you tomorrow for the next tech newsletter.
Best, Quadri
