BitKE

The Venom Foundation will create a blockchain innovation hub in Nairobi, Kenya, in collaboration with the government. This hub aims to enhance digital transformation in Africa by providing resources for sectors like supply chain and finance, promoting transparency and efficiency.

Today, however, the cryptocurrency market has become very dynamic and diversified, presenting investment options in emerging blockchain technologies. One of the very lucrative options for investment is the presale of cryptocurrency, wherein an early window of opportunity has been given to a token be

Mukuru launches a drive-thru service in Harare to enhance accessibility to financial services in Zimbabwe. This innovative initiative aims to provide convenience and safety for customers, alongside expanded offerings to strengthen its service portfolio across Africa.

Visa has unveiled its latest initiative, the Visa Africa Fintech Accelerator program, aimed at supporting and empowering Africa’s expanding startup ecosystem.
According to the fintech giant, the program offers expertise, connections, technology, and investment funding to enable the growth and

Akowe, a blockchain startup located in Lagos, Nigeria, is one of only 2 blockchains startup participants from Africa in the TechCrunch Disrupt’s 2023 Startup Battlefield 200.
Akowe has created a blockchain-based platform designed for the issuance of verifiable academic records with the aim of

World Mobile is launching a pilot project in Mozambique using a tethered aerostat to provide internet services, collaborating with Vodacom Mozambique. The aerostat can connect up to 100,000 users, promoting rural connectivity and economic growth.

Kwik Pik is a decentralized delivery service app using blockchain technology to connect local drivers with customers. It enhances delivery efficiency, tracks transactions securely, and records carbon emissions, while using a stablecoin for cost-effective transactions.

Duplo, a Nigerian fintech, has raised $4.3 million to enhance payment solutions across Africa. With 1,000% client growth and 5,000% increase in transactions, it digitizes payments for FMCG distributors and automates financial processes for businesses.

Scroll, an Ethereum Layer 2 network utilizing zk-rollups, raised $50 million, reaching a $1.8 billion valuation. The funding indicates continued investor interest despite a funding downturn in the sector. Scroll aims to scale Ethereum for a billion users and launch its mainnet in the coming months.

Flutterwave CEO Agboola Olubenga visits Kenya to resolve the freezing of $40 million in funds and seek reinstatement of operating licenses after a Central Bank embargo. The ARA indicated earlier investigations found no money laundering links, prompting hopes for future operations in Kenya, the company's second-largest market.

LemFi has received approval from the Central Bank of Ireland to acquire currency exchange platform Bureau Buttercrane, enabling its expansion in the EEA. Founded in 2021, LemFi serves diaspora communities, recently surpassing $1 billion in monthly transactions.