Autochek launches fintech arm to accelerate vehicle financing in Africa

Autochek has launched a financial services arm to focus on providing a range of vehicle financing solutions for consumers and businesses in Africa.

Kenya wants to regulate and tax the crypto industry

Amidst the global crypto market downturn, Kenya wants to regulate and also tax its crypto industry.

Why Jumia is suspending its loyalty subscription offering

African e-commerce company, Jumia has suspended Jumia Prime, a subscription-based delivery service providing customers with free shipping on its marketplace.

Twiga Foods lays off 21% of its employees

Twiga has laid off 211 of its full-time employees as a result of restructuring. This has eliminated the startup’s in-house sales team.

Inside the “Ethereum Climate Platform” launched at COP27 to address carbon emissions

Leading technology companies have collectively launched “Ethereum Climate Platform” initiative to address Ethereum’s former proof of work carbon emissions

Inside IFC’s $225M fund for early-stage startups in Africa, Central Asia and the Middle East

The International Finance Corporation (IFC) has launched a $225 million venture capital fund to support early-stage startups in Africa, the Middle East, Central Asia and Pakistan.

Paystack is now a licensed Payment Service Provider in Kenya

The Central Bank of Kenya has authorised Paystack to operate as a Payment Service Provider in Kenya.

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.