Search Results for: FINTECH STARTUPS
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News
Why Kenya Is on the EU Watchlist and What It Means for Africa’s Financial, Tech, and Trade Future
The European Union has added Kenya to its watchlist of high-risk third countries, signaling that the bloc views the country’s…
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News
Unpacking ECOWAS’s Bold Tech Shift as West Africa Reimagines Regional Integration
The 50th anniversary of ECOWAS is being celebrated as the bloc undergoes sweeping geopolitical and technological changes that shape its…
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Blockchain
Kenya to Host Africa’s Premier Blockchain and Crypto Conference in June 2025
The Kenya Blockchain and Crypto Conference (KBCC) 2025 is returning to the country for its third edition. The conference is…
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News
Over 2,000 Delegates to Gather in Diani for the Connected Africa Summit 2025
Kenya is set to host the Connected Africa Summit 2025 from May 26 to May 29, 2025, at the Diamonds…
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News
E-Mobility Manufacturer Roam Ranked Kenya’s Fastest-Growing Company
Roam, the Nairobi-based electric mobility manufacturer, has been named Kenya’s fastest-growing company and among Africa’s top 40 in the 2025…
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News
The Rise of Female Tech Founders in Africa
In recent years, Africa has witnessed an encouraging surge in the number of female tech founders who are reshaping the…
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News
How the African Development Bank’s Evolution Could Shape Africa’s Digital Future
Later this month, a new president will be selected by the board of governors of the African Development Bank (AfDB).…
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News
Standard Chartered Launches Cohort 8 of its Women in Tech Program
Standard Chartered, in partnership with @iBizAfrica, Strathmore University and Village Capital, have officially launched cohort 8 of Women in Tech…
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News
Kenya Digital Economy Growth: How Tech is Positioning It as East Africa’s Economic Leader
Kenya is bound to dethrone Ethiopia as the biggest economy in East Africa in 2025. The International Monetary Fund made…
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TechTrends Podcast
TechTrends Podcast | Lipa Later Goes into Administration – What Happened?
In this episode of The TechTrends Podcast, we unpack the surprising news of Kenyan BNPL startup Lipa Later going into…
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News
Kenya AI Strategy 2025-2030 Unveiled: A Bold Move Toward AI-Powered Digital Transformation
Kenya has officially unveiled the Kenya AI Strategy 2025-2030, positioning itself as a possible African leader in artificial intelligence innovation.…
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Startups
Safaricom Opens Applications for Spark Accelerator Program Phase 2
Nine startups who are part of the inaugural cohort of the Safaricom Spark Accelerator Program recently part in an investor…
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News
NFT Fundraising in Kenya: A Legal Loophole or the Future of Startup Capital?
In an unprecedented declaration, the Commissioner of the US Securities and Exchange Policy (SEC) – Hester Peirce – hinted that…
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TRENDING
[Column] Gerald Maithya: Fostering a Thriving African Startup Ecosystem Through Collaboration
In recent years, Africa has emerged as a vibrant hub of innovation, driven by a new generation of entrepreneurs who…
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News
Microsoft, NVIDIA Partner to Boost AI Innovation and Collaboration in Africa
Microsoft, through the company’s Africa Transformation Office (ATO), has announced a new initiative to boost AI development in Africa by…
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News
[INTERVIEW] Lami’s Jihan Abass on Digital Revolution for Insurance Agents
The insurtech sector in Africa is rapidly evolving, driven by technological advancements and a pressing need for accessible insurance solutions. …
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BUSINESS
Partnerships Crucial for Africa’s Role in Global Digital Economy
African leaders are calling for more strategic partnerships with the private sector to enhance Africa’s role in the global digital…
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Startups
Why Now Is a Good Time to Invest in Venture Capital in Africa
The African venture capital ecosystem has encountered significant headwinds in recent times. According to research firm Africa: The Big Deal,…
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News
Nigerian investment firm Risevest completes acquisition of Kenya’s Hisa
Nigerian fintech startup Risevest (Rise) has acquired Hisa, a Kenyan mobile investment platform that allows anyone in Kenya to invest in U.S.…
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Startups
Orca Fraud raises $550k to fight fraud in emerging markets
Orca, a South African startup that works with banks and fintechs in emerging markets to fight various types of fraud,…
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News
[Gerald Maithya] What we can learn from Africa’s small business success stories
Africa is often hailed as the birthplace of some of the world’s most exciting tech startups. From Cape to Cairo,…
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COLUMNS
[Mark Doumba] Kenya’s Innovation Boom: Thriving on Foreign Capital, But Can It Chart its Own Course?
As Foundry Fellows at the Legatum Center for Development and Entrepreneurship at MIT, we have the unique privilege to travel and dissect innovation and…
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News
Fuse launches $10M grant program for web3 payments innovators
Fuse Network has unveiled a $10 million grant program to support businesses by providing essential funding and infrastructure for streamlined…
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News
TechCabal’s Inaugural Moonshot Conference brings Africa’s tech ecosystem to Lagos, Nigeria
African tech leaders and investors are set to gather in Lagos, Nigeria this October for TechCabal’s inaugural Moonshot Conference. They…
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News
AWS to host masterclass sessions at Africa Money and DeFi Summit in Ghana
Amazon Web Services (AWS) will host an engaging masterclass at the Africa Money and DeFi Summit set to be hosted…
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News
Eric Jackson takes over as new Hisa CEO
Kenyan fintech Hisa has announced the appointment of Eric Jackson as its new Chief Executive Officer (CEO). Jackson takes over from…
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News
Applications for cohort 4 of the ASIP accelerator program open
Startupbootcamp AfriTech has opened applications for Cohort 4 of its ASIP accelerator program. Targeting early-stage startups in Africa, the ASIP Program…
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News
Hillary Namunyu: How nongreen companies can apply ClimaTech solutions
This year has seen green-focused startups in Africa get more VC funding compared to other years as the world works towards reducing…
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Interviews
[Interview] Youverify’s Dimitri Kanellopolus on the firm’s expansion to Kenya and the state of regtech in Africa
The last couple of years have seen a number of African countries start to adopt regulation technology – what has…
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Startups
Regional winners of the Global Startup Awards Africa announced
Seventy-one startups from across Africa have been named regional winners at this year’s Global Startup Awards (GSA) Africa – the largest, independent startup ecosystem competition…
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News
Egypt-based VC DisrupTech Raises $5 Million Investment From Proparco
Proparco, a subsidiary of the AFD Group focusing on private sector development, has announced an investment in an early-stage venture…
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News
PATRICK NDEGWA: Kenya’s startup ecosystem is set for growth in 2023 and beyond
Kenya is a hub for entrepreneurship and startup development in East Africa, with a growing ecosystem of innovative businesses and…
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News
Visa Everywhere Initiative 2023 applications open in Kenya
Payments firm Visa has opened applications for the 2023 edition of the Visa Everywhere Initiative (VEI). The global open innovation…
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News
20th edition of East Africa Com tech event to be hosted in Nairobi
East Africa’s premier technology, telecommunication, media, and broadcasting event East Africa Com will return to Nairobi on 25-26 April after a…
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News
Kenyan startup ecosystem has a significant competitive edge globally, report
A comprehensive, in-depth report funded by the UK government has given Kenya’s startup ecosystem a thumbs up, noting that it…
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News
Flutterwave Secures Two Additional Licenses to Operate in Rwanda
Nigerian remittance company Flutterwave has announced that it has received its Electronic Money Issuer and Remittance Licenses from the National…
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News
Flutterwave reportedly lost $4 million to hackers in early February
Nigerian fintech Flutterwave has reportedly lost $4 million to hackers who penetrated the company’s systems in early February. The money…
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Startups
VC fund Ventures Platform closes its pan-African and early-stage fund at $46M
Ventures Platform, a pan-African early-stage Venture Capital firm has today announced the final close of its intercontinental fund, at $46M. …
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Startups
Nigeria’s ThriveAgric crowned winner of Visa Everywhere Initiative
ThriveAgric, a Nigerian startup that champions technology to transform the payments landscape for smallholder farmers, was crowned winner of the…
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News
Wasoko dismisses reports that it has shut down its operations in Kenya
Kenyan-based B2B e-commerce startup Wasoko has dismissed reports that it has shut down its operations in the country. On Monday,…
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Interviews
[Interview] We’re consolidating African retailers’ business needs in one easy-to-use platform, MarketForce CEO
As the e-commerce marketplace expands, new players are stepping in to make it easy for merchants to source products and…
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News
Applications for the 5th edition of Catapult: Inclusion Africa Programme open
The LHoFT Foundation has opened applications for the 5th edition of the CATAPULT: Inclusion Africa which will be delivered in Luxembourg.…
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Startups
Kenyan insurtech Lami Technologies raises $3.7M to expand across Africa
Kenya-based insurtech startup Lami Technologies has raised a US$ 3.7m seed extension to expand its insurtech product across Africa. The…
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Startups
Nigeria’s mobility startup Moove has expanded to India
Nigeria is home to some of the most innovative startups and many of them are disrupting their respective industries in…
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Startups
AfricInvest and Cathay Innovation Complete Final Close of €110M Pan-African Venture Fund
Africa’s multi-asset investment platform AfricInvest and global venture capital firm Cathay Innovation, have completed the final close of their joint Pan-African…
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News
Cairo Angels Injected Undisclosed Amount in Kenya’s FlexPay
Fintech startup FlexPay has raised an undisclosed amount of funding from Cairo Angels Syndicate Fund(CASF). The Kenyan firm operates an…
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News
Glovo Kenya tech startup pitch competition winners announced
On-demand delivery platform Glovo has announced the winners of its tech startup pitch competition in Kenya. Glovo in partnership with…
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Startups
Kenyan open finance infrastructure startup Credrails partners with Access Bank for future of finance in Africa
Access Bank has partnered with Kenyan women-led open finance infrastructure startup Credrails to develop open finance rails that will dramatically…
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Startups
Flutterwave goes live in Tanzania
African fintech Flutterwave has received approval from the Bank of Tanzania (BoT) to launch its payment service in the country.…
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Startups
BitKE to host a webinar on startup funding in Africa, register to attend now
2021 was the biggest year, so far, in the history of funding for African startups which saw over $4.6 billion…
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Startups
African Focused VC Firm TLcom Secures First Close of $150mn Pan-African Tech Fund
TLcom, the Africa-focused venture capital firm has announced a first close of $70mn for its $150mn Africa focused tech fund…
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Apps
3 trends set to dominate African mobile apps in 2022
In 2021, the mobile industry in sub-saharan Africa continued to show incredible resilience against the impacts of Covid-19 and experienced…
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News
Fourth edition of Africa Tech Summit Coming to Nairobi This February
One of Africa’s top tech events the Africa Tech Summit is coming to Nairobi. The event will take place on…
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Startups
Ventures Platform Closes its First $40M Pan-African Fund
Nigeria-based Ventures Platform has announced the first close of its $40 million pan-African fund to invest in market-creating innovations across…
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Startups
Pan African smart technologies venture studio Adanian Labs opens applications for its 2021 venture building program
Adanian Labs, a Pan African smart technologies venture studio with a mission to build 300 impact-driven startups across Africa has…
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News
[This Week in Tech] Telkom Kenya signs a $100M deal to scale its 4G network and other top stories
Kenya’s 4G subscriptions market share will more than double from 24.2% in 2021 to 53.6% by 2025. Local telcos have…
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News
[This Week in Tech] Wapi Pay founders step down from their roles
This has been quite an interesting week in tech in Africa. We covered a number of great announcements here at…
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Startups
Ian Lessem: The rise of African tech unicorns
African unicorns have made big news in recent months, with four startups having recently reached a $1 billion valuation or…
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News
East African Startup ecosystem poised for massive growth in 2021
Africa has a very vibrant startup ecosystem. Even with the pandemic, these startups have gone ahead and raised massive funding…
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CLOUD
Caroline Mukiira : Hybrid Cloud – The Catalyst for Increased Financial Inclusion in Africa
Africa has made huge strides over the past decades towards the financial inclusion. The digitization and simplification of money management…
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News
Top African regions set to become leading startup and investment hubs
On the back of Cape Town being recognised as the tech capital of Africa, topping international rankings for foreign direct investment strategy,…
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News
Kenyan startup MarketForce acquires Digiduka to consolidate distribution of consumer goods with digital financial services in Africa
MarketForce, the Kenyan end-to-end retail distribution startup for consumer brands in Africa, announces the strategic acquisition of Digiduka, a startup…
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News
Ethiopian-based edtech startup Gabeya launches its revamped marketplace
Gabeya, the Pan-African source for freelance professional talent, has expanded its revamped marketplace, the first of its kind in terms…
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News
[Column] Ian Lessem: Venture Capital trends shaping the African investment landscape
As the second half of 2021 approaches and Covid-19 vaccinations roll out across the globe, albeit at varying rates, Ian…
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News
[Interview] We’re deploying Cloud-based solutions for African organizations, Incentro Africa CEO
Dennis De Weerd is the CEO at Incentro Africa, an IT service provider delivering custom build cloud-based software solutions for the European and…
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News
Kenya e-commerce startup Sokowatch among winners of AppsAfrica Innovation Awards 2020
Kenyan based B2B e-commerce startup Sokowatch is among the winners of the AppsAfrica Innovation Awards 2020. The awards celebrates the…
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News
Kenya’s e-commerce Startup Sokowatch wins ‘Visa Everywhere Initiative’ 2020 competition
Nairobi-based e-commerce startup Sokowatch has been named winner of the recently concluded Visa Everywhere Initiative – Pandemic Challenge. This year’s initiative was…
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Startups
Agritech startup, Hello Tractor, joins Mastercard Accelerate Programme
Mastercard has announced the expansion of its Accelerate fintech portfolio, adding dynamic entrepreneurs to its award-winning startup engagement program Start Path and more technology…
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Startups
Seed stage investing and why it matters for Africa’s startup and innovation community
Startup entrepreneurs are working to harness Africa’s potential. Together they represent a critical pipeline of innovation that is driving high…
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Startups
Founder Institute Startup Accelerator Opens Applications in Kenya for the First Time
The Founder Institute, the world’s largest pre-seed startup accelerator, has opened its accelerator program in Nairobi, Kenya. This is the…
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Startups
Kenya’s Savanna Circuit Tech Wins US$100,000 Grand Prize at Cisco Global Problem Solver Challenge 2020
Kenyan agri-tech startup Savanna Circuit Tech is the winner of this year’s Cisco Global Problem Solver Challenge. Now in its…
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BUSINESS
Kenya’s Economy Set to Slow as Effects of COVID-19 Pandemic Take Hold, Report
The Kenyan credit market is coming under severe pressure as the COVID-19 pandemic impacts the Kenyan economy. According to the…
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Startups
Kenyan e-health startup MamaPrime among winners of Sanofi VivaTech 2020 Global Challenge
Kenyan e-health startup MamaPrime is among the 5 winners of the VivaTech 2020 Global Challenge. This follows an online final…
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News
Decentralized Finance Conference to held in Nairobi in March
Fintech companies or startups are making Africa a leading global Innovation Hub. To help organisations understand this Kesho Labs Development…
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New Appointments
Lori Systems announces new appointments to expand across Africa
Kenyan-based logistics startup Lori Systems has announced the appointment of Uche Ogboi as the company’s Chief Operating Officer and Efayomi…
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News
[Column] There’s a need for more disruption in Africa’s tech scene
For most people living outside Africa, they imagine the continent as the home of poverty, corruption, internet fraud, infrastructure deficit,…
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Startups
SafeBoda raises funding from GO-JEK, plans to venture into mobile payments and insurance
Ride-hailing platform SafeBoda has raised an undisclosed Series B round co-led by Allianz X, the digital investment unit of the…
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Startups
Branch raises $170 million funding round, announces new partnership with Visa
Visa and Branch International, have announced a partnership that will see virtual Visa prepaid debit cards offered to over 2…
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Startups
Standard Chartered launches its first Africa eXellerator innovation hub in Kenya
Standard Chartered Bank today opened its Africa eXellerator innovation hub in Kenya to support and work with fintechs in the…
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News
Visa to reward $100,000 To Women Entrepreneurs in Global Competition
In celebration of International Women’s Day, Visa has announced the launch of the first Visa Everywhere Initiative: Women’s Global Edition.…
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Startups
Nigeria’s OneFi secures $5M Debt Facility from Nairobi-based Lendable
Nigeria’s fintech startup Finance Limited (OneFi) has today announced that it has secured a $5M debt facility for its consumer-facing…
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Startups
Kenyan Startup Mookh Africa wins Visa Everywhere Initiative Top Prize
Kenyan Startup Mookh Africa is the overall winner of the Visa Sub Saharan Africa (SSA) Everywhere Initiative, The startup won…
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News
Orange Digital Ventures announces new $8.6 million investment in Kenya’s Africa’s Talking
Orange Digital Ventures Africa has announced its first investment in an African startup. The technological investment fund will help Nairobi…
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News
Visa opens up the first Visa Everywhere Initiative to young developers at the Nairobi Tech Week
Visa has announced that it will be opening up the first Visa Everywhere Initiative for Sub Saharan Africa to young developers…
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News
Growing Africa’s digital ecosystem by bringing high touch to high tech
The international tech community is nurturing Africa’s digital ecosystem by supporting skills development, technology adoption and the growth of digital…
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