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Cassava secures $50 million to enable cybersecurity in Africa

Cassava Technologies (Cassava) Africa’s first integrated tech company of continental scale has secured a $50 million investment from C5 Capital.

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Nigerian-led Ping Express fails to prevent laundering, faces 5-year probation in the U.S

Two US-based Nigerian fintech executives pleaded guilty to failure to maintain an effective anti-money laundering policy.

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Seamfix launches personal NIN verification service

Personal NIN service is developed to allow users check for the validity of their NIN and confirm their registration details all by themselves.

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Kora debunks money laundering allegations in Kenya

Kora has denied the allegations that it was involved in a money laundering scheme in Kenya.

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TikTok launches in-app guide to curb misinformation ahead of Kenyan elections

TikTok has launched an in-app guide to enable access to factual and authoritative information ahead of Kenya's general elections in August.

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CV Labs launches hub in South Africa, to drive blockchain adoption in Africa

Crypto Valley Venture Capital has launched CV Labs Cape Town, the African region's first in situ blockchain incubation and ecosystem hub

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Bloc acquires Orchestrate to power payment infrastructure in Africa

Bloc, Nigeria’s full-service FinTech and Banking as a Service (F/BaaS) infrastructure provider, announces its acquisition of Getwallets, the wallets-as-a-service provider that has now pivoted to become a payments orchestration company, Orchestrate.

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Zazuu secures $2 million to deepen its cross-border payment offering

Zazuu has secured $2 million to deepen its cross-border payment offering and also build the world's first non-biased payment platform.

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inDriver engages Lagos state authorities on compliance

In May 2022, the Lagos state government instructed its residents to be wary of inDriver, Rida and other unlicensed e-hailing cab operators within the state citing security risks.

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Mara Phones South Africa to restart operations following an acquisition

Five months after its closure, Mara Phones, South Africa's first smartphone manufacturing facility has been acquired by Lebashe Investment Group (the owners of Arena Holdings) and other investors.

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Togo VOYAGE to enable e-visa issuance in the Togolese Republic

The Togolese Republic has relaunched its electronic visa issuance system (e-Visa), Togo VOYAGE.

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Afriguild launches Web3 Africa Women Fellowship to bring women into Web3

Web3 Africa Women Fellowship is a program for young African women who are undergraduates and recent graduates of tertiary institutions in Africa.

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