Flutterwave gets IMTO licence to facilitate remittance in Malawi

Pan-African fintech startup, Flutterwave has secured a Malawian International Money Transfer Operator licence.

Kenyan blockchain experts to formulate crypto regulation

The Kenyan legislative has directed the Blockchain Association of Kenya to prepare the initial draft of a Virtual Asset Service Provider's Bill to govern cryptocurrencies.

Gozem acquires Beninese fintech, Moneex to launch MOMO offering in Francophone Africa

Francophone Africa super app, Gozem has acquired Beninese fintech startup, Moneex in an undisclosed deal. This strategic move is poised to enable Gozem to introduce a mobile money service in Togo and Benin.

Flutterwave CFO, Oneal Bhambani resigns amidst IPO plans

Oneal Bhambani has stepped down from his position as chief financial officer at Flutterwave, just over a year after joining the company.

Fez Delivery launches electric bikes to deepen eco-friendly last-mile delivery in Nigeria

Fez Delivery has launched electric bikes to provide a cleaner, more economical, and efficient solution for goods transportation in Nigeria.

BD Insider 210: Where is Starlink active in Africa?

Elon Musk is in the news for Starlink's expansion to Benin Republic and outstanding severance payment at the defunct Twitter Africa office

BD Insider 209: Multichoice hikes prices by 19% in Nigeria

Starting this Monday, the subscription prices will be higher than before.

African governments turn to low-cost smartphone production to drive access

Kenya, Zambia, and other African nations are establishing smartphone manufacturing facilities to improve affordability.

Norrsken22 raises $205 million to back African fintech and edtech startups

Pan-African venture capital firm, Norrsken22 has closed its $205 million Africa Tech Growth Fund to back fintech, edtech and healthtech startups.

BD Insider 208: Chargeback fraud costs Interswitch ₦30 billion in losses

₦30 Billion chargeback fraud hits Interswitch. We also covered Tizeti's plan to expand broadband penetration in Nigeria.

mPharma sets agenda post-layoff, halts work-from-home

mPharma, a Ghanaian healthtech company, has restructured its approach in the wake of the layoffs it implemented in September, which now entails discontinuing remote work.

MFS Africa rebrands to Onafriq to bypass trademark hurdles in America

Pan-African fintech company, MFS Africa has rebranded to Onafriq as part of its evolution, and also due to trademark challenges in America.