News

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.

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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).

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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.

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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.

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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.

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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?

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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.

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Meet the African startups in YC 2023 winter batch

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

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Facebook’s Africa partner, Sama quits content moderation operations

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

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Flutterwave wants to acquire UK fintech, Railsr

Global payments company, Flutterwave wants to acquire Railsr, a UK-based fintech company, according to Sky News UK.

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Catalyst Fund invests $2M into 10 African cleantech-focused startups

Catalyst Fund has invested $2 million investment into 10 startups accelerating Africa’s adaptation and resilience to climate change.

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Starting February 2023, Google will charge 16% VAT on ads in Kenya

Starting February 2023, Google will charge Kenyan users a 16% VAT on ads following local tax regulations.