Mafab launches 5G network in six Nigerian cities

Mcom, formerly Mafab has launched its 5G network across six Nigerian cities but the network is not commercially available yet.

106 digital lenders are now licensed to operate in Nigeria

Following the introduction of the digital lending regulatory framework in August 2022, the Federal Competition and Consumer Protection Commission (FCCPC) has approved the operation of 106 digital lenders in Nigeria.

Kenyan court rules in favour of M-Pesa to Bank transfer charges

Safaricom and Kenyan banks have been allowed to charge for M-Pesa to bank transactions, according to a new court order.

BD Insider, Letter 146: Nigeria’s card market heats up

The Central Bank of Nigeria has launched Africa’s first central bank-driven domestic card scheme. We covered this and more in this week's letter.

Fincra is now an authorised payment service solution provider in Nigeria

The Central Bank of Nigeria has issued Fincra a commercial licence to operate as a Payment Service Solution Provider (PSSP).

Native Teams expands into Nigeria to enable payments for freelancers and remote workers

UK-based work payments platform for freelancers and remote workers, Native Team has expanded its operations into Nigeria.

Carry1st secures $27 million pre-series B from top global web3 and gaming VCs

South Africa's Carry1st raised a $27 million pre-Series B from Bitkraft Ventures, a16z and Konvoy Ventures to drive mobile gaming adoption on the continent.

Kwara secures $3M seed extension, to digitise more Kenyan credit unions

Kenyan fintech, Kwara has secured a $3 million seed extension to digitise more credit unions in the East African country.

Elon Musk’s Starlink to launch in Kenya this year

How does Elon Musk’s Starlink compare with Kenya current internet providers as it announces its launch in the country?

BD Insider, Letter 145: USSD in Nigeria, M-Pesa in Kenya, who should pay?

Read our analysis on the Safaricom lawsuit by a Kenyan on M-Pesa charges, alongside our report on Ethiopia's internet shutdown woes and MTN Ghana's $773 million tax fine.

Meet the African startups in YC 2023 winter batch

These African companies are participating in Y Combinator's 2023 winter batch.

Facebook’s Africa partner, Sama quits content moderation operations

Sama, Facebook's largest content moderator has discontinued its services for the social media company.