Kenyan used-car marketplace Peach Cars has secured approximately Sh517 million (¥600 million/US$4 million) in debt financing from Japan Finance Corporation (JFC) and Shoko Chukin Bank, strengthening its balance sheet...
Guinea launched NimbaPay, its first national instant payment network, giving banks, mobile money providers and microfinance institutions a shared platform to process real-time transactions as the West African nation...
The Kenya National Examinations Council has moved 15 million academic records onto the Avalanche blockchain as it rolls out a blockchain-based certificate verification system aimed at reducing forgery and...
Maurice Otieno is stepping down as Executive Director of Baraza Media Lab after overseeing the Kenyan media innovation organization's expansion from a startup into one of Africa's largest philanthropy-backed...
Kenyan used-car marketplace Peach Cars has secured approximately Sh517 million (¥600 million/US$4 million) in debt financing from Japan Finance Corporation (JFC) and Shoko Chukin Bank, strengthening its balance sheet as it...
PalmPay, an Africa-focused fintech is reportedly preparing for a potential Hong Kong initial public offering (IPO), according to a Bloomberg report, as the fintech...
Absa Bank Kenya's Absa Asset Management has received approval from Kenya's Capital Markets Authority (CMA) to launch two global multi-asset special funds, expanding its...
Samsung Electronics East Africa has launched its official direct-to-consumer online store in Kenya in partnership with Housewives Paradise, introducing WhatsApp Shopping as it expands...
Artificial intelligence is now linked to 55% of reported cybercrime across Africa, helping drive financial losses to $484 million, according to INTERPOL’s African Cyberthreat...
Egyptian e-commerce operations startup Fincart has raised $2.8 million in an oversubscribed seed funding round to accelerate the expansion of its AI-powered merchant platform...
The inaugural iGaming AFRIKA Summit opened in Nairobi on Monday, bringing together regulators, operators, investors and technology firms to discuss the future of Africa’s...
By Veerakumar Natarajan, Country Head, Zoho Kenya
Six years ago, Kenya enacted the Data Protection Act (DPA), becoming the first East African country to establish...
Faster integration of payment systems is emerging as a competitive advantage for businesses operating in Kenya’s digital economy.
Developers say improvements introduced under Safaricom’s Daraja...
Sheila Cheptoo, a 25-year-old poultry farmer in the quiet village of Masare, in Bomet County, rises early before sunrise. The soft rustling of her 132...
Kenyan used-car marketplace Peach Cars has secured approximately Sh517 million (¥600 million/US$4 million) in debt financing from Japan Finance Corporation (JFC) and Shoko Chukin Bank, strengthening its balance sheet as it accelerates expansion across Kenya. The financing comes just over a year after the...
Binance announced that its stock-trading platform has surpassed $1 billion in assets under management (AUM) within 30 days of launch, marking a milestone for...
Binance has pledged $250,000 in emergency humanitarian funding to support frontline efforts responding to an ongoing Ebola outbreak in the Democratic Republic of Congo...
Binance, the world’s largest cryptocurrency exchange by trading volume, used Africa Month to deepen its engagement on the continent, positioning digital assets and blockchain...
Hamilton Labs has secured an undisclosed strategic investment from AXIAN Investment to accelerate the rollout of its dollar-pegged stablecoin across Africa, the companies said.
The...
Nedbank Group said on Thursday it had entered a strategic partnership with Crypto.com to explore blockchain-based payment, settlement and liquidity solutions across Africa, in...
For years, Africa's digital transformation story has largely centered on cities, where infrastructure investment, technology adoption, and innovation ecosystems have grown rapidly. Yet beyond these urban centers, millions of people across rural and peri-urban communities still remain under-connected, limiting access to education, healthcare, entrepreneurship...
Women are making steady gains in Africa's technology startup ecosystem, but they continue to face significant challenges accessing venture capital, underscoring a persistent funding gap that threatens to slow...
Anne Kinuthia-Otieno will step down as Managing Director of Airtel Money Kenya after nearly five years overseeing the mobile money operator's rapid expansion in customers, agents and market...
