Nigerian fintech startup Carrot Credit, which is revolutionizing credit access for retail investors through digital asset-backed lending, has secured $4.2 million in seed funding. This investment will enable […]
Africa VC Funding Soars: $1.3 Billion Invested Over One Year
Venture capitalists (VCs) focused on African startups are experiencing a surge in investment activity, injecting over $1.3 billion into the continent’s burgeoning entrepreneurial ecosystem in just one year. […]
XRP Healthcare Prepares for Public Listing with Merger Announcement
XRP Healthcare is gearing up for a public debut in Canada, with plans to complete its merger with AAJ Capital by August 2025. The firm recently acquired Pharma […]
Starlink Overtakes Local ISPs in Sub-Saharan Africa: Bridging the Digital Divide or Widening it?
Starlink, SpaceX’s satellite internet service, is making significant strides in delivering broadband access across Sub-Saharan Africa (SSA), according to a report from Ookla released on May 13, 2025. […]
UM6P Aims to Lead Africa’s Deeptech Innovation Revolution
The Mohammed VI Polytechnic University (UM6P) is driving Africa’s deeptech innovation revolution, aiming to position itself as the continent’s leading hub for this transformative field. Located in Ben […]
Africa Can Lead Responsible AI Innovation: A DeepTech Summit Analysis
Artificial intelligence (AI) is reshaping global economies and public services, prompting a critical question: how will we govern this transformative technology? The conversation around AI innovation and governance […]
Nigeria’s Fintech Giants Shine: Top 7 Companies on Financial Times’ List
The Financial Times released its annual list of Africa’s Fastest-Growing Fintech Companies for 2025, and Nigeria’s fintech landscape is flourishing. The list showcases seven companies making waves in […]
Zimbabwe Introduces Blockchain-Based Carbon Credit Registry for Improved Transparency
Zimbabwe has taken a significant step towards boosting transparency in its carbon credit system by launching a blockchain-based registry system. The country’s Environment Minister, Evelyn Ndlovu, highlighted the […]
Binance Africa Offers P2P Zero Fees and USDT Rewards: A Win-Win for Crypto Adoption
Binance launched a promotion across Africa, making peer-to-peer (P2P) trading completely free with the chance to win up to 150 USDT per transaction. This move underlines Binance’s commitment […]
Jumia’s Q1 2025 Revenue Down 26%, Driven by Decline in Corporate Sales
Jumia Technologies, a leading e-commerce platform operating across Africa, has released its financial report for the first quarter of 2025. The report reveals a significant revenue decline to […]
Google Introduces AI-Powered Campaign Feature for African Businesses
Google is launching a global beta of its enhanced Search Ads platform, AI Max, specifically designed to empower African businesses with smarter advertising tools. This feature leverages artificial […]
Zar Secures $7 Million to Launch Rand-Pegged Stablecoin
A $7 million funding round has propelled Zar, a stablecoin startup focused on Africa, closer to its goal of launching a stablecoin pegged to the South African Rand. […]
Onafriq partners Circle to Offer Faster Cross-Border Remittances in Africa
Onafriq, Africa’s leading payment gateway, has teamed up with Circle, a prominent stablecoin issuer and market leader behind USDC, to streamline cross-border payments across the continent. This collaboration […]
Circle and Onafriq Pilot USDC Payments for Lower Cross-Border Costs in Africa
A new partnership between Circle and Onafriq aims to revolutionize cross-border payments in Africa by utilizing stablecoins. The pilot program, launched with the goal of reducing expensive and […]
Stablecoin Startup Zar Secures $7M Funding Round Led by a16z
Zar, a stablecoin company focused on enhancing cross-border transactions in Africa, has secured a $7 million funding round led by venture capital firms a16z, Dragonfly Capital, and VanEck […]