The deal would create an entity valued at over $8 billion, reshaping the FinTech landscape across the continent.
A historic consolidation
Wave and Orange Money have formalized their merger plan, which would create the continent's largest mobile money entity with more than 180 million active users across 24 countries. Announced valuation: over $8 billion.
The deal responds to growing regulatory pressure from the BCEAO and competition from global digital payment players seeking to establish themselves in West Africa.
What's at stake for users
Cross-border transfers, which are costly and slow today, could be simplified through a single network. Analysts estimate an average 15–25% reduction in fees on WAEMU corridors within two years, if competition authorities approve the proposed commitments.
We are building the payment infrastructure that West Africa deserves.
