Kotani Pay secures $2M pre-seed to drive offline cross-border crypto payments in Africa

Despite the significant impact remittance has on developing countries, the cost of sending money across borders is still above the United Nations sustainable development goal of 3% with Sub-Saharan Africa having the highest average remittance cost of about 7.8%.

₿trust acquires Qala, an African Bitcoin developer trainer

Jack Dorsey and Jay Z-funded ₿trust has acquired Qala, an African Bitcoin developer trainer in an undisclosed deal. Qala is co-founded by four Bitcoin experts including two ₿trust board members.

Catalyst fund close $40M fund to propel climate innovation in Africa

Africa's pioneer climate tech pre-seed fund and accelerator advances efforts to build a climate-resilient future.

Wasoko expands to the Democratic Republic of Congo

Africa’s largest B2B e-commerce network launches cross-border operations into DRC leveraging its existing e-commerce hub in neighbouring Rwanda.

Okra Solar raises $12M to power mesh-grid electrification in Africa

Cleantech startup, Okra Solar has raised a $12 million Series A to enable mesh-grid electrification in Africa.

BD Insider 186: Why Nigerian telcos may increase tariffs

In this letter, we explored the rising cost of Nigerian telcos’ energy, Uber's first electric bikes in Africa, and Safaricom's plan to introduce standing orders on M-PESA.

BD Insider 185: Piggyvest hits ₦1.1 trillion payouts within six years

“The situation is being handled,” according to investors at Float. We also covered the payouts made by Piggyvest since 2016.

Kenyan blockchain experts are challenging the legality of the crypto tax

Blockchain Association of Kenya has moved to court to challenge the legality of the digital asset tax introduced by the Kenyan government through the 2023 Finance Act..

BD Insider 184: Airtel Uganda plans $216 million IPO

Most of the over 600,000 graduates produced by Nigerian universities lack digital skills, according to a report by GetBundi. We also covered Airtel Uganda's planned IPO.

Uber launches electric bikes in Kenya, its first in Africa

As part of its efforts to be a zero-emission company by 2040, Uber has rolled out electric bikes in Kenya, its first in Africa.

Ugandan mobility fintech, Asaak acquires FlexClub, expands to Latin America

Asaak has acquired FlexClub Mexico, as part of its expansion into Latin America. The undisclosed acquisition does not include FlexClub South Africa.

Anonymous Sudan hacked X because they want Starlink in Sudan

Anonymous Sudan has taken responsibility for X's (formerly Twitter) outage, stating that it is pressuring Elon Musk to launch Starlink in the country.