Zimi, a South African startup, has raised $320,000 to test tech that lets electric vehicles send power back to the grid. This could be a game-changer for South Africa’s load-shedding crisis and the future of clean energy.
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Kenya partners with DeFi firms to launch a digital exchange where companies can issue, trade, and stake real-world tokens.
Niger State has waived Right of Way fees to boost broadband access in rural areas, aligning with Nigeria’s digital goals and encouraging telecom investment for inclusive growth.
Twiga Foods has acquired three FMCG distributors in Kenya to expand its reach, even as it grapples with leadership exits, layoffs, and a recently resolved debt dispute.
Vodacom has backed ICASA’s decision to block Starlink in South Africa, citing the importance of BEE laws requiring 30% black ownership for telecom operators.
Access Bank cut fraud losses to ₦1.69bn in 2024, but attempted fraud cases surged past 11,000—highlighting the growing scale of digital threats in Nigeria’s banking sector.
The House of Reps has ordered Remita to refund ₦182.77bn to the FG following an audit. This comes as the government introduces TMRAS to improve transparency in public fund management.
South African startup Zimi has secured $320,000 to pilot tech that turns electric vehicles into mobile power stations, offering a potential fix for South Africa’s energy woes through vehicle-to-grid innovation.
Moniepoint has launched MonieWorld, a digital banking platform for African immigrants, starting in the UK. The service begins with remittances to Nigeria, but aims to offer full financial support to the diaspora.
South Africa has suspended new SASSA card issuance over compliance concerns, affecting over 1.3 million grant recipients. A temporary extension of old cards offers relief, but the crisis highlights deeper problems in the country’s public service systems.
Moniepoint investor, Development Partners International, has taken over Egypt’s Nclude Fund, marking a major leadership shift and strengthening its African footprint.
Starlink has secured a 10-year license to operate in Lesotho, boosting rural internet access while regulatory hurdles continue to block its entry into South Africa.
South Africa’s Competition Tribunal is set to investigate a potential merger between MultiChoice and the SABC, even as the national broadcaster contends with ongoing challenges related to a proposed acquisition by Canal+.
Starlink has received approval to operate in Somalia, aiming to provide satellite internet access across the country and improve connectivity in remote and underserved regions.
OPay’s valuation climbs to $2.75B in 2024, up from $2B in 2021, driven by a growing user base and continued market expansion.
Nigeria’s tech ecosystem continues to grow, but the gap between talent demand and supply remains wide. In response, Product Hub Africa is betting on grassroots training to bridge that divide.
Stitch has secured new funding of $55 million to expand its end-to-end payment solutions, building on past acquisitions and partnerships to grow across Africa.
The NCC is proposing a 12-month grace period for users to reclaim airtime from deactivated SIMs, a move aimed at protecting telecom consumers and boosting transparency.
Ghana is the latest African nation planning to regulate digital speech, with a new bill targeting misinformation. Critics worry it could suppress free expression ahead of elections.
Happy Pay has teamed up with Peach Payments to bring interest-free, deposit-free BNPL options to thousands of South African online merchants.
Africa now holds over half of the world’s mobile money accounts, with 1.1 billion registered mobile money accounts.