Research · Corridor Intelligence

Corridor Intelligence.

Payment corridor analysis — the CI-Brief series, numbered, dated, corridor-tagged. Filter by corridor below.

Each brief reads a specific corridor across the six dimensions of the method — payment rails, regulation, banking access, treasury and FX conditions, liquidity, and partner readiness — to show what binds on that route.

№ NGN-003

NGN

The Naira Settlement Mandate: What Actually Changed

CBN's May 2026 IMTO directive is being read as a compliance update. It is a structural reset of the Nigerian corridor. The operator implications have not been fully priced.

09 Jun 26

№ XOF-002

XOF

Same-Day Settlement in the Franc Zone: The Liquidity Gap Nobody Is Pricing

Esca Finance and MANSA announced same-day settlement across XOF and XAF corridors this week. The upstream claim is correct. The downstream liquidity constraint is unchanged. Operators pricing same-day as a single cost structure across both zones will find the gap in their P&L before they find it in their models.

09 Jun 26

№ XOF-001

XOF · XAF

The Quiet Corridor: Five Frictions Hiding Inside the Franc Zone Stability Narrative

Franc-zone peg stability masks five structural frictions that inflate unit costs for cross-border operators.

07 Apr 26

№ 006

KES · NGN · GHS · ETB

120-Hour Window: Three Failure Modes Across Africa's Highest-Volume Inbound Corridors

Maps the three dominant failure modes and the 120-hour window in which each becomes visible — before it reaches the P&L.

30 Mar 26

№ NGN-002

NGN

CBN Remittance Directive and the Crypto Migration Signal Most Operators Are Missing

CBN remittance directive is accelerating a crypto-rail migration signal most operators are not yet pricing.

23 Mar 26

№ ETB-001

ETB

The CBE Concentration Trap: Ethiopia's Sovereign Rail Threat and the Emerging Liquidity Window

CBE concentration risk and Ethiopia's sovereign rail ambition opens a structural liquidity window for select operators.

14 Mar 26

№ NGN-001

NGN

The IMTO Naira Settlement Mandate: A 30-Day Compliance Window That Repriced the Diaspora Stack

What the 30-day compliance window changed about diaspora-corridor unit economics — and which operator positions absorbed the repricing.

02 Mar 26

№ 005

NGN · KES · GHS

Regulatory Contagion: When the CBN Moves, Everyone Moves — A Kill-Chain Across Three Corridors

CBN regulatory movements trigger three-corridor contagion across NGN, KES, and GHS settlement architecture.

22 Feb 26