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

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.

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.

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.

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.

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.

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.

Omo Ope and Made in Lagos, retain spots on Nigeria Spotify’s weekly chart

Spotify has released its weekly charts about Nigeria’s music scene between June 24-30.

Flutterwave denies money laundering accusations from Kenyan authorities

Flutterwave has denied allegations of money laundering levelled against it by the Kenyan Asset Recovery Agency (ARA).

World Bank’s IFC invests €90 million in Africa’s Wave Mobile Money

IFC has invested €90 million in Wave Mobile Money to spur financial inclusion and support economic growth in Senegal and Côte d'Ivoire.

African startups raised $3M+ at Techstars Toronto Spring ’22

The African startups who participated in Techstars Toronto’s spring 2022 class are: Emergency Response Africa, Gigmile, Glade, Mycoverai, Blackcopper, Bongalow, and truQ

Autochek acquires CoinAfrique to facilitate auto financing in Francophone Africa

Francophone Africa is home to many of the fastest-growing economies on the continent, as well as the fastest-growing brand new car market - Côte d’Ivoire.