Wave Digital Finance, a Senegal-based fintech unicorn, has been granted an e-money license by the Central Bank of West African States (BCEAO), a central bank serving the 8 francophone West African countries—Benin, Guinea Bissau, Burkina Faso, Côte d’Ivoire, Mali, Niger, Senegal and Togo—that form the West African Economic and Monetary Union (WAEMU).
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