Hope Payment Service Bank appoints new CEO

Ukheshe, a financial service enabler, and Coinvest have joined forces to assist students in South Africa with funds to obtain a quality education

Nestcoin to lay off some employees following FTX collapse

Nestcoin is downsizing an undisclosed number of its workforce as part of efforts to cushion the effects of the FTX collapse on the company.

SecondSTAX to enable investment in Nairobi Securities Exchange and Ghana Stock Exchange

SecondSTAX has launched the SecondSTAX Portal, a technology-driven order management and execution routing system for investment firms in Kenya and Ghana

How Kuda’s UK expansion will drive remittance in Africa

Nigerian neobank, Kuda has expanded its operations into the UK to offer its remittance services for Nigerians in the diaspora.

Blnk raises $32 million to power instant inclusive consumer credit in Egypt

Blnk has raised $23.7 million to accelerate financial inclusion within underserved communities in Egypt.

Quona Capital to invest $332M in fintech startups in emerging markets

Quona Capital has closed a $332 million fund to invest in fintech startups in emerging markets.

Kenya’s Sendy receives funding from Japanese VC MOL PLUS

Kenyan logistics startup, Sendy has secured undisclosed funding from MOL PLUS Co., Ltd.

South African healthtech, Contro secures $584,000 pre-seed

Contro, a South African telehealth startup has announced the close of its oversubscribed pre-seed funding round, raising a total of R10.1 million ($584,000).

Jumia co-founders, Jeremy and Sacha resign as co-CEOs

Co-founders of African e-commerce giant, Jumia—Jeremy Hodara and Sacha Poignonnec—have stepped down from their roles as co-CEOs.

Yassir secures $150 million Series B to drive the global expansion of its super app

Algerian super-app, Yassir has raised a $150 million Series B fund from BOND.

Stears launches open data product ahead of Nigeria’s 2023 elections

Pan-African data and intelligence company, Stears has launched a data product; Stears Elections ahead of Nigeria's 2023 general elections.

Amazon Web Services opens its first Nigerian office in Lagos

Amazon Web Services has launched its first Nigerian office in Lagos to address the increase in customer and partner adoption of AWS services in Nigeria.