News Digital

Africa and Middle East in line for $100 mln PayPal investment

Africa and Middle East in line for $100 mln PayPal investment
Thursday, 25 September 2025 15:21

• PayPal will invest $100 million in Africa and the Middle East to back digital commerce.
• Funds will go into minority stakes, acquisitions, financing, and technology deployment.
• The move follows PayPal’s new hub in Dubai and earlier fintech investments in the region.

PayPal announced yesterday plans to invest $100 million in Africa and the Middle East. The company ais to support innovation and entrepreneurs in what it sees as “one of the world’s fastest-growing digital commerce regions”.

The investment will take the form of minority stakes, acquisitions, financing—mainly through PayPal Ventures—as well as the deployment of talent and technology. “By dedicating a $100 million investment to this region over the coming years, we’re investing in the technologies, partnerships, and solutions that will help entrepreneurs scale faster, expand their reach beyond borders, and unlock new opportunities for growth in the digital economy,” said Alex Chriss, PayPal’s president and chief executive officer.

The announcement follows the launch last April of PayPal’s first regional hub in Dubai, designed to give businesses, from large corporations to small merchants, better access to global trade through seamless payments, stronger security, and improved entry to international markets. PayPal Ventures has already invested in regional fintech firms including Tabby in the United Arab Emirates, Paymob in Egypt, and Stitch in South Africa.

The commitment comes as digital payments surge across both regions. Data cited by the World Economic Forum in March 2025 shows that the instant payments market in the Middle East is expected to rise from $675 million in 2022 to $2.6 billion by 2027. In Africa, digital payments could reach $1.5 trillion by 2030, according to a report commissioned by Mastercard and conducted by Genesis Analytics. The growth is fueled by rapid internet penetration and accelerating digital transformation.

On the same topic
Government targets broad digital expansion through “Chad Connection 2030” and global partnerships Country remains low in e-government and...
Telecel Faso deploys 300 new sites to expand coverage in 750 underserved areas Rollout aims to regain market share amid strong competition from...
 Gabon’s Social Affairs Ministry presented a digital platform to track social aid with greater transparency and accuracy. The system aims to...
Mauritius creates an Artificial Intelligence Unit under the Ministry of ICT and Innovation to coordinate national AI initiatives. The country ranks...
Most Read
01

Camtel to launch Blue Money in 2026, entering Cameroon’s crowded mobile money market led by MTN Mo...

Cameroon: State Owned Telecommunication Company To Enter Mobile Money Market
02

Eritrea faces some of the Horn of Africa’s deepest infrastructure and climate-resilience gaps, lim...

AfDB Re-engages Eritrea With Strategy Focused on Infrastructure, Climate Resilience and Regional Integration
03

Huaxin's $100M Balaka plant localizes clinker production, saving Malawi $50M yearly in f...

Malawi: New $100M Cement Plant Targets Forex Crisis but Faces Energy Reality
04

Nigeria seeks Boeing-Cranfield partnership to build national aircraft MRO centre Project aims t...

Nigeria Pursues Boeing, Cranfield Partnership to Establish Aircraft Maintenance Center
05

Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...

Omer-Decugis & Cie Expands Mango Operations in West Africa
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.