Ivorian authorities are investigating a reported US$3.6 million fraud in the tech sector involving pawaTech and a local company, Daci Speed SARL. The case, lodged with the economic crimes division, includes allegations of breach of trust and forged documents dating back to 2024.
Investigators have expanded the probe to include senior executives accused of criminal conspiracy. The fraud allegedly began with a payment for a gaming licence that was misrepresented as an upfront fee for additional licences. Law enforcement is pursuing those implicated as the probe continues. The case has raised concerns about corporate governance in emerging tech markets. Officials say legal proceedings are ongoing. This development highlights regulatory challenges in Côte d’Ivoire’s growing tech industry.