BitKE

M-PESA has launched in Ethiopia, following a successful pilot phase. With its competitive services, it aims to enhance financial inclusion in a market already served by Telebirr. Safaricom Ethiopia is set to challenge Telebirr, which has a significant customer base.

Tuma, a fintech startup in the DRC, raised $500,000 in its largest funding round, aiming to enhance services and expand operations. Founded by Elijah Lubala and Mpilo Makae, it offers mobile card payment solutions, promoting financial inclusion.

Cryptocurrency is becoming a household name as crypto trading manages to capture the interest of both novice and expert technology enthusiasts. Crypto mining has become a popular method for earning virtual assets.
Crypto mining involves a lengthy process of solving complex mathematical puzzles to v

Stripe will support USD Coin (USDC) transactions, enhancing its payment services and enabling faster, cost-efficient exchanges. The integration aims to empower users to accept stablecoin payments and expand global reach, reflecting the evolving utility of crypto.

Kenyans abroad are increasingly using informal money transfer methods like Hawala due to high bank fees and unfavorable exchange rates. While traditional remittances still dominate, alternative channels are gaining traction as they often offer lower costs.

In 2023, remittance flows to Sub-Saharan Africa totaled $54 billion, slightly down from 2022. Nigeria led the continent with $19.6 billion. Remittance costs in the region remain the highest globally at 7.39%.

Btrust Builders recently revealed the winners of its Bitcoin hackathon, featuring four innovative African solutions: BitPension's secure pension platform, Splice Africa's seamless cross-border payments, Stealth Money's automated Bitcoin savings, and SATS to GO!'s engagement initiative.

15 African startups have been selected to to join the inaugural Google for Startups Accelerator: Women Founders Africa Programme.
This is an extension of the Google for Startups Accelerator Africa programme established in 2017 but with a focus on women to empower and support women founders by

Gozem, a leading super app in Francophone Africa, has raised $30 million in Series B funding to support its growth across West and Central Africa.
The funding round, which includes both equity and debt, was led by SAS Shipping Agencies Services Sàrl (a subsidiary of MSC Mediterranean Shipping