Search Results for: FinTech
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News
This Pesapal Pezesha Credit Partnership Could Decide Which Ugandan Merchants Grow and Which Stay Stuck
Pesapal could have stayed in its lane. Process transactions, issue receipts, stay invisible. Instead, it has picked a new role:…
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News
Tala’s Global Expansion Strategy Is Spreading Across Six Countries — But Can AI-Priced Debt Really Count as Financial Inclusion?
Most startups that survive long enough begin acting their age — cutting burn, consolidating markets, moving from chaos to caution.…
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News
Digital Convenience vs Ecological Sovereignty: Kenya’s Tourism Sector Faces Its First Platform War
Tourism used to be guided by memory, luck, and handshake logistics. If you made it to Nairobi National Park, it…
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News
CBK’s Fee Cap Gambit: Cheaper Mobile Money for Kenyans, or a Slow Squeeze on M-Pesa’s Golden Engine?
For nearly two decades, M-Pesa has operated like essential infrastructure and untouchable monopoly at the same time — a utility…
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News
Kenya’s 1.4 Million Smartphone Loans Highlight the Rising Influence of Watu Africa
In Nairobi’s crowded streets and rural villages alike, a smartphone is no longer just a communication device. For many Kenyans,…
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News
CBK Digital Fraud Compensation Plan Could Finally Force Telcos and Banks to Refund Scam Victims — Whether They Like It or Not
Kenya’s fintech revolution has long been celebrated for its ingenuity — a country where almost everyone can send money across…
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News
PayPal’s Middle East and Africa Investment: Can Digital Payments Outrun Regulation and Market Fragmentation?
Few regions carry as much digital promise as the Middle East and Africa. Young populations, rising smartphone penetration, and widespread…
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News
Ghana Re-Elected as ANCA Chair for Second Term, Steering Africa’s Cybersecurity Ambitions Into a Defining Phase
In Rabat on 17 September 2025, the 6th meeting of the African Network of Cybersecurity Authorities (ANCA) delivered a signal…
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News
Tunisia’s Digital Transformation: 138 Projects Using AI and Open Data to Rebuild Public Administration
For years, Tunisia has spoken of modernising its bureaucracy, but progress has often been halting. Ministries ran on outdated systems,…
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News
Kenya’s Tourism Payments Go Digital: TouristTap Bridges Mobile Money, Card Networks, and Small Businesses
Tourists navigating Kenya’s safari circuits or local markets may soon leave cash behind. TouristTap, a mobile app from fintech firm…
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News
PayPal to Invest $100 Million in Middle East and Africa to Boost Digital Commerce
PayPal Holdings has announced a $100 million investment aimed at fueling innovation, supporting entrepreneurs, and driving inclusive economic growth across…
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News
M-Kopa Crosses 7 Million Users in Africa, Turning Smartphones Into Gateways for Financial Inclusion
In Nairobi, it’s not unusual to meet someone who bought their first smartphone through M-Kopa. What began as a payment…
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News
Africa’s Next Financial Leap: Why Local-Currency Stablecoins Could Redefine Sovereignty, Remittances, and Digital Payments
Africa’s leap into mobile money was a surprise — and a missed opportunity for many legacy banks. As Safaricom’s M-Pesa…
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News
Kenya’s $1B Olkaria Data Center: Promise, Delay, and the Battle for Africa’s Digital Future
In May 2024, Kenya’s government unveiled a deal with Microsoft and G42, the Abu Dhabi-based AI firm, to build a…
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News
Kenya Moves to Keep Tech Tax Refunds at Home, Forcing Global Platforms to Bank Through Local Accounts
Kenya has drawn a line in the sand for global internet companies. If a foreign digital platform overpays the new…
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Startups
UK-Kenya Tech Hub and ViKtoria Ventures Launch First Corporate VC Report in Kenya
Angel Leads Program, supported by the UK-Kenya Tech Hub and implemented by ViKtoria Ventures, has launched the Corporate Venture Capital…
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News
Samsung and LOOP Partner to Deliver Affordable Device Security and Management for Kenyan Businesses
Kenyan businesses can now access Samsung Knox, a leading platform for endpoint device security and management, thanks to a new…
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News
LOOP System Upgrade Downtime Scheduled for September 24 at 11:59 PM, Services to Resume by 2:00 AM
At 23:59 on Wednesday, 24 September 2025, the LOOP app will go dark. For just over two hours—until 02:00 on…
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News
Britam Launches BetaLab Regional Startup Challenge 2025 for East Africa
Britam’s BetaLab has announced the launch of the Regional Startup Challenge 2025, a new initiative designed to identify and support…
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News
H-1B Visa Fee Hike: How Trump’s $100K Rule Could Reshape U.S. Tech and Global Talent
On September 19, 2025, President Donald Trump signed a proclamation imposing a $100,000 annual fee on H-1B visa applications, marking…
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News
Six African Startups Win $400,000 in 2025 FINCA Ventures Prize Competition
Six African startups have secured a combined $400,000 in funding through the 2025 FINCA Ventures Prize Competition, an initiative that…
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News
Cortex Hub Launches MCP Hackathon Africa 2025 to Embed African Contexts into AI
The Cortex Hub has announced the launch of MCP Hackathon Africa 2025, a continent-wide initiative aimed at embedding African languages,…
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News
Yellow Card Integrates with Fireblocks to Transform Cross-Border Payments in Africa
Yellow Card, one of Africa’s leading fintech firms, has officially joined the Fireblocks Network for Payments, bringing its emerging markets…
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CLOUD
Absa Deepens Partnership with AWS to Accelerate Cloud Migration and Digital Innovation
In a move that signals how seriously African banks are taking digital transformation, Absa Group has deepened its partnership with…
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News
Airtel Money Prepares for IPO in H1 2026 Amid Growing Competition from M-Pesa and MoMo
Airtel Africa is preparing to list its mobile money arm, Airtel Money, in the first half of 2026, a move…
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News
MTN Home Connectivity Strategy Sets Bold Course to Drive African Broadband Growth Through 2030
MTN Group is laying down its markers for the next decade. With its Ambition 2025 plan reaching maturity, the company…
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News
Kenya and Nigeria Confront Digital Lending Risks with Contrasting Rules
Digital lending has exploded across Africa, offering instant credit through mobile phones to households, students, and small businesses. But the…
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News
Huawei Cloud Accelerates Kenya’s Digital Transformation with Techwave Kenya Day
Huawei Cloud has reiterated its commitment to advancing Kenya’s digital transformation by hosting Huawei Cloud Techwave Kenya Day in Nairobi…
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News
Safaricom’s 5G Ambitions: How the Telecom Giant Plans for All Sites to Be 5G-Ready by 2029 and Connect Every Corner of Kenya
On the 5G front, Kenya is still in its early stages, with only a third of Safaricom’s network currently supporting…
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News
CBK’s KESONIA Model Explained: What Kenya’s New Loan Pricing System Means For Mobile Loans And Digital Banking
For years, borrowers have complained about the mismatch between Central Bank policy and the rates they actually face in banking…
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News
Kenya’s High Court Sets Precedent for Digital Payment Firms, Recognizing Their Role as Financial Service Providers
The High Court has delivered a significant ruling for Kenya’s fintech sector, declaring that licensed payment service providers are entitled…
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Startups
How to Apply for the MEST Africa Challenge 2025
The Meltwater Entrepreneurial School of Technology (MEST Africa) recently opened applications for the 7th edition of the MEST Africa Challenge…
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News
bolttech Partners with LOOP to Launch New Financing and Protection Programme for Devices
Global insurtech, bolttech, has announced its entry into the Kenyan market via its partnership with LOOP, the fintech subsidiary of…
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Startups
African Angel Academy Launches 12th Cohort to Bridge Africa’s $194B Startup Funding Gap
The African Angel Academy (AAA), Africa’s leading angel investor training platform, has announced the launch of its 12th cohort as…
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News
Verto Unveils Atlas Suite to Simplify Cross-Border Payments
Global B2B payments platform Verto has announced the launch of The Atlas Suite, an API-first embedded finance solution designed to…
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News
[Survey] Business Leaders Invited to Share Insights on Africa’s AI Adoption
Artificial Intelligence (AI) is no longer the preserve of Silicon Valley or Asia’s tech giants. It is rapidly becoming a…
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News
Africa’s Smartphone Market Surges 7% in Q2 as Low-Cost Devices Drive Connectivity Across Key Economies
Africa’s smartphone market is showing signs of resilience. In the second quarter of 2025, shipments rose 7% year-on-year to 19.2…
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News
How Skyrocketing Smartphone Prices in Kenya Are Fueling a Device Financing Revolution
Smartphones have become a necessity in Kenya, but owning one has rarely been harder. Prices have climbed so steeply in…
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News
Kenya Dirty Money Crackdown Intensifies with CBK-UK Treasury Partnership to Protect Financial Sector
The Central Bank of Kenya (CBK) has partnered with the United Kingdom’s finance ministry as part of a broader Kenya…
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News
Kenya’s Tech Firms Pull Ahead as Top Recipients of Foreign Investment
Kenya’s technology companies are drawing a growing share of international investment, leaving traditional sectors such as banking, manufacturing, and retail…
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News
Africa Bitcoin Institute Leads the Charge in Bringing African Voices to Cryptocurrency Policy
Anaïse Kanimba grew up in the shadow of global attention. Her father, Paul Rusesabagina, became an international symbol of courage…
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News
Yellow Card Appoints Gillian Darko as VP of Strategy
Yellow Card has announced the appointment of Gillian Darko as its new Vice President of Strategy, joining the executive team…
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WomenInTech
Absa Bank Kenya Partners with GirlCode to Launch 2025 Pan-African Women-in-Tech Hackathon
Absa Bank Kenya, in collaboration with GirlCode, has launched the 2025 edition of GirlCodeHack, a Pan-African women-in-tech hackathon aimed at…
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News
Verto Webinar Explores Payments, Compliance, and Expansion Strategies for South African Businesses
Verto Webinar: South African businesses looking to expand internationally face a host of challenges, from high cross-border transaction costs and…
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News
[Free Webinar, August 14th] Unlock South Africa: Guide for Expansion, Compliance & Capital Movements
Join this open web session as it explores the evolving landscape of international payments for South African businesses, highlighting challenges like…
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News
OpenWay Expands into Francophone Africa with Way4 Platform to Boost Digital Banking
OpenWay, a global provider of digital payment software, is widening its footprint in Francophone Africa with the launch of its…
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News
Zambians Can Now Access Global Money Transfers Instantly through Chipper Cash and Western Union
Zambia’s Chipper Cash users can now send and receive money around the world, thanks to a new partnership with Western…
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News
Ripple Acquires Rail in $200 Million Move to Dominate Stablecoin Payments
Ripple has agreed to acquire stablecoin-focused payments startup Rail for $200 million, doubling down on the one corner of crypto…
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News
Uganda’s OneRamp Joins ViFi Labs to Scale Stablecoin Payments Across Africa and LATAM
ViFi Labs, a decentralized protocol known for its work in stablecoin and foreign currency trading, has acquired Uganda’s OneRamp—a rising…
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News
[Interview] Botswana Bets on Innovation with MIT to Build a Post-Mineral Economy
Botswana has taken a bold step toward redefining its economic future through a groundbreaking partnership with the Massachusetts Institute of…
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News
Kenya’s New Alcohol Ban Hits E-Commerce and Delivery Apps as Online Sales Blocked
Kenya has widened its alcohol sale restrictions to include online platforms, closing a major loophole that many urban consumers and…
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BUSINESS
Orange Money Group Partners with JUMO to Expand Microcredit Services Across Africa
Orange Money Group has announced a strategic partnership with fintech company JUMO to broaden access to digital financial services in…
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News
PayPal M-PESA Integration Changes Set for August 2025 as Thunes Platform Shuts Down
A notable chapter in Kenya’s digital finance space is drawing to a close. PayPal and M-PESA will soon end support…
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News
Verto Webinar Unpacks Future of Cross-Border Payments in Africa
Global fintech firm Verto on Thursday hosted a webinar shedding light on the challenges and opportunities that businesses face when…
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News
How Nairobi Financial Hub Tax Relief Is Reshaping Kenya’s Startup and Investment Landscape in 2025
Startups operating under the Nairobi International Financial Centre (NIFC) are set to benefit from significant tax cuts under Kenya’s newly…
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News
M-KOPA Surpasses 1 Million Branded Smartphone Sales in Just 12 Months
Leading fintech M-KOPA has announced it has sold over 1 million of its branded smartphones within just 12 months of…
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News
The Changing Dynamics of Forex and Trading in Africa
The forex and online trading landscape has witnessed a significant growth in Africa in recent years, mainly driven by technological…
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News
Lipa Later Acquisition Race Sees Sh3B in Bids from Local and International Players
At least three firms have entered the Lipa Later acquisition race, submitting offers to buy or finance the struggling buy-now-pay-later…
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Startups
Tech Funding in Africa Contracts in H1 2025 Despite Early-Stage Growth
Tracxn has released its Africa Tech H1 2025 Funding Report, offering a detailed view of funding trends, sectoral performance, acquisitions,…
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TechTrends Podcast
The TechTrends Podcast | Stablecoins, Regulation & Africa’s Crypto Growth ft Yellow Card
In this episode of the TechTrends Podcast, we sit down with Edline E. Murungi, Senior Legal Counsel for East Africa…
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News
Why African Startup Funding in 2025 Is Surging Again After Years of Decline
African startup funding in 2025 is off to a strong start, with startups raising $1.4 billion in the first half…
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Featured
Spotika Relaunches with Thai Billionaire Backing, Unveils Africa’s Most Advanced Betting Tech
Spotika, a well-known name in Kenya’s betting sector, has officially relaunched under new ownership following a complete acquisition and strategic…
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Featured
Game On! Spotika Unleashes Africa’s Smartest Betting Platform
One of Kenya’s most high-profile sports betting brands, Spotika, is back in operation and this time with a vengeance, since…
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News
Students Build AI Tools for Farmers and Urban Planners in Africa
A 24-hour AI hackathon hosted by Qhala, Huawei, and Konza Technopolis during Africa AI Literacy Week has led to the…
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News
World MSME Day 2025: How Safaricom is Enabling Kenyan MSMEs to Scale
As the world marks World MSME Day 2025, the spotlight turns to the micro, small, and medium-sized enterprises that form…
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Tech
Kenya’s Shamba Records, Apexloads Among Startups Picked for Google for Startups Accelerator
Google has selected 15 promising tech startups for its Google for Startups Accelerator: Africa Class 9 program. These innovative startups,…
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CLOUD
SISCOM Tech Launches New Data Center Cluster, Gains Data Controller Status
SISCOM Tech has unveiled its newest data center cluster, hosted within IX Africa’s Tier III-designed, 4.5 MW, 780-rack, carrier-neutral facility…
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News
Bitget Shines at Kenya Blockchain and Crypto Conference
Bitget, a leading global cryptocurrency exchange and Web3 company, marked a successful presence at the 2025 Kenya Blockchain and Crypto…
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News
LemFi Acquires Pillar UK to Power Migrant Credit Access and Expand Beyond Remittances
For many migrants, arriving in a new country means starting from zero—no local credit history, no access to loans, and…
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News
Kenya’s Digital Economy Needs Agile Approach to Cybersecurity
As Kenya’s digital economy matures, cybercriminals are taking notice and targeting businesses across the country, with significant financial consequences. In…
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BUSINESS
Africa Must Deepen Its Domestic Financial Markets to Achieve the SDGs
Africa’s journey towards meeting the Sustainable Development Goals (SDGs) hinges on developing effective domestic financial markets that provide affordable finance. …
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News
Tech Growth in Africa: What the Latest Economic Data Doesn’t Reveal
The latest report on Global Economic Prospects states that, while a modest economic rebound is expected in 2025, GDP growth…
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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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Blockchain
Bybit Powers Kenya’s Crypto Boom in 2025 — Here’s Why It’s the Exchange of Choice
In 2025, cryptocurrency adoption is growing faster than ever across Kenya. Platforms like Bybit are gaining popularity, providing more options…
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News
4DX Ventures Appoints Mimi Alemayehou and Kurankye Sekyi-Otu as Senior Advisors
4DX Ventures, a leading pan-African venture capital firm, has appointed Mimi Alemayehou and Kurankye Sekyi-Otu as Senior Advisors as it…
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News
A Void in the Feed? Reassessing the Impact of TechCrunch’s European Exit on Startups and Storytellers
Once the beating heart of the European tech story, TechCrunch was the stage for all manner of bold ideas, scrappy…
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News
[BREAKING] AXIAN Telecom Acquires 8% Stake in Jumia Technologies
AXIAN Telecom, the pan-African telecommunications service provider, has acquired a minority stake in e-commerce platform Jumia. The company announced on…
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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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News
How Connected Africa Summit 2025 Plans to Bridge Africa’s Digital Divide
Ministers and African stakeholders, led by H.E. Hon. William Kabogo Gitau, joined forces to push forward Africa’s digital transformation at…
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News
Equity Q1 2025 Results: Ksh 15.4B Profit Fuels Digital Banking Growth
Equity Group has released its Equity Q1 2025 Results, showcasing steadfast financial performance amid a dynamic economic environment. The Group…
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News
Valour and Gulf Investment Bank Announce Crypto Asset Cross-Listing on NSE
Valour Inc. has appointed GulfCap Investment Bank as its key transaction advisor for cross-listing its exchange-traded products on the Nairobi…
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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
Trump’s Gulf Strategy Holds a Lesson for U.S.–Africa Tech Diplomacy
The upcoming U.S.–Africa Summit presents a pivotal opportunity for Washington to redefine its partnership with African nations. But if the…
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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
Huawei HCS 8.5 Launched in Kenya With Local AI and 120+ Cloud Services
Huawei has officially introduced Huawei HCS 8.5 in Kenya, heralding a big milestone for the country on its quest to…
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News
Huawei and Equity Launch ICT Academy at Open University of Kenya
Huawei Kenya, in partnership with Equity Group Foundation, today announced the official launch of the Huawei ICT Academy at the…
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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
Why Kenya is Emerging as a Great Market for Forex Traders
With a growing economy, improved financial infrastructure, and an increasing tech-savvy population, Kenya is rapidly becoming Africa’s most attractive destination…
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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
Airtel Money IPO 2026: Can It Disrupt Africa’s Mobile Payments Market?
In a plan set forth by Airtel Africa, Airtel Money is to be listed by the first half of 2026.…
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News
Meta Stablecoin Strategy: How It Could Transform Creator Payouts in 2025
In 2019, Meta (then Facebook) started the Libra Project, an ambitious attempt at creating a universal currency. But it was…
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News
Is M-Pesa 2.0 Upgrade Enough to Keep Airtel Money at Bay? Here’s What Safaricom’s $309M Bet Means
Making its boldest move with M-Pesa 2.0 upgrade, Safaricom, however, is investing over $309 million annually to transform the mobile…
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News
Tech Giants Including AWS, Google, and Cisco to Headline Connected Africa Summit 2025
Global technology powerhouses, including AWS, Google, Cisco, HPE, CheckPoint, Fortinet, and other influential players have confirmed their participation and support…
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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
Ex-citi, Goldman, Barclays Compliance Firm Hits $1M in First Year, Expands to EMEA
de Risk Partners, a financial regulatory compliance consultancy founded by former executives from Citigroup, Barclays, and Goldman Sachs is celebrating…
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News
MTN Nigeria Q1 2025 Performance: A Strong Recovery Despite Economic Challenges
MTN Nigeria has reported a fantastic profit after tax of ₦133.7 billion in financial results for Q1 2025, unlike a…
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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
Airtel Money Upgrade This Weekend: Expect Downtime – and a 100% Cashback Reward
The world of mobile money transactions is becoming more and more dynamic in today’s fast-changing digital environment. Airtel Money, one…
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News
PayPal Establishes Regional Headquarters in Dubai: A Strategic Move for MEA’s Digital Payments
In a historic step towards strengthening its footprint in the Middle East and Africa (MEA) region, PayPal has announced the…
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News
MIT Renames Legatum Center to Kuo Sharper Center
The Massachusetts Institute of Technology (MIT) has renamed the Legatum Center for Development and Entrepreneurship into the MIT Kuo Sharper…
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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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