LIST | Out of 12 Finalists Unveiled for the 2024 Africa Ecobank Fintech Accelerator Challenge, One is a Decentralized Ledger Product from Rwanda

12 fintech startups have made it to the final round of the 2024 Ecobank Fintech Challenge. The finalists were announced at the semi-finals, which was held at the Ecobank Pan-African…

Continue ReadingLIST | Out of 12 Finalists Unveiled for the 2024 Africa Ecobank Fintech Accelerator Challenge, One is a Decentralized Ledger Product from Rwanda

LIST | Kenya’s Leading Insurance Provider, Britam, Unveils 6 Fintech Startups for its Inaugural Incubation Programme

Britam, a leading Kenyan insurer and financial services provider, has signed up 6 fintech startups to its 3-month pre- incubation program dubbed BetaLab.   “We are excited to collaborate with…

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NORTH AFRICA | Egypt Leads in Startup Funding in MENA region in July 2024, Led by Fintech and Web3 Startups

38 startups in the Middle East and North Africa (MENA) raised a combined $355 million in July 2024, a 206% rise month-on-month (MoM) and a more than 260% increase year-on-year…

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REGULATION | Nigeria Freezes Crypto Accounts with Over $37 Million in USDT Belonging to Suspected Protest Organizers

The Nigerian government has reportedly frozen more than $37 million worth of cryptocurrency held in wallets said to be owned by some organisers of the recent #EndBadGovernance protests. BREAKING: #EndBadGovernance…

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MILESTONE | South African Retailer, Pick n Pay, Surpasses Over One Million Rand (~$55,000) a Month in Crypto Payments

One year after Pick n Pay announced it will be accepting crypto payments within its retail stores, it has now been revealed that sales using crypto have now hit one…

Continue ReadingMILESTONE | South African Retailer, Pick n Pay, Surpasses Over One Million Rand (~$55,000) a Month in Crypto Payments

EAST AFRICA | Safaricom Ethiopia Customers Grow to 4.6 Million in Q2 2024 While Rival, Ethio Telecom, Has 78 Million

Safaricom Ethiopia customer base grew by about 250,000 subscribers to 4.6 million in the quarter two (Q2 2024) ending July 2024 as the telco rolls out an aggressive plan to…

Continue ReadingEAST AFRICA | Safaricom Ethiopia Customers Grow to 4.6 Million in Q2 2024 While Rival, Ethio Telecom, Has 78 Million

Mozambique’s Empowa Raises Over $1.8 Million from Cardano After NSE Proposes Tokenization Solution for Kenya’s Housing Market

Empowa, a Real World Assets (RWA) startup from Mozambique, is one of the solutions to gain funding in the recent Cardano Project Catalyst program. Empowa was approved by 1,099 unique…

Continue ReadingMozambique’s Empowa Raises Over $1.8 Million from Cardano After NSE Proposes Tokenization Solution for Kenya’s Housing Market