BitKE

The Central Bank of Nigeria has lifted bans on 440 fintech and forex entities, including several investment startups banned in 2021 for forex and cryptocurrency violations. The accounts, previously restricted, can now receive funds, signaling a shift in regulatory stance under new leadership.

Ukheshe, a South African fintech, has acquired EFT Corporation Limited from Loita Transaction Services, enhancing its financial service capabilities after previous acquisitions and partnerships.

Safaricom achieved over $1 billion in earnings for its Kenyan operations in 2023/2024, with a total EBIT of KES 139.9 billion. The company noted strong growth in its M-PESA service and positive momentum in Ethiopia despite facing challenges.

The Digital Currency Group (DCG), a powerhouse in the crypto and blockchain investment space, has significantly ramped up its activity in Africa. In 2024 alone, the US-based firm closed 12 new deals, reinforcing its commitment to the continent’s rapidly evolving fintech, AI, and blockchain

P1 Ventures has completed a $25 million funding round for its second fund, focusing on seed-stage investments in Africa's tech sector. The firm, founded by Mauritanian Mikael Hajjar, targets promising startups in various fields, aiming to support ambitious African entrepreneurs and drive regional and global impact.

A group of major banks, including Citigroup and HSBC, is participating in a 12-week pilot with the Federal Reserve to test a digital dollar using a regulated liability network. The pilot aims to improve payment speeds and explore regulatory frameworks, with results intended to contribute to digital money literature.

MasterCard has extended its strategic commercial partnership with Smile ID, an identity verification provider in Africa, to accelerate the rollout of secure digital identity solutions across the continent.
This partnership will enable banks, fintechs, mobile money operators and other enterprises to

Located just a few hours northwest of Nairobi, Kenya, lies a unique bitcoin mining operation. A small group of miners has set up shop near Hell’s Gate National Park, nestled at the edge of Lake Naivasha. Their mining operation, powered by renewable energy,

Carry1st's CEO, Cordel Robbin-Coker, discusses the company's $20 million funding and its focus on the African blockchain gaming market, highlighting the unique characteristics of various countries and the potential for growth in gaming.

Think about it for a sec,
A blockchain is just a large single database that is not owned by anyone but can be written to by anyone and anything written into it, cannot be deleted. You need to have a copy of the database on your computer if you are to write to that database


So, you’ve

Ian Balina, a prominent crypto investor, shared insights during his Kenya event about the bear market, ICO token metrics, and his journey from a $200 investment to full-time blockchain involvement.

In a significant milestone for the crypto industry, Tether’s USDt stablecoin has officially surpassed a $150 billion market capitalization, solidifying its dominance as the leading stablecoin and a critical pillar of the digital asset economy.
According to CoinMarketCap, USDt now commands 61% of th

Forex trading, with its vast daily trading volume and 24/5 availability, offers tremendous opportunities for traders worldwide. However, for beginners, the journey into forex trading can be daunting, given the complexity of financial markets and the plethora of trading platforms available. The key t

Janngo Capital has closed its second fund at €73 million, supported by major investors like AfDB and EIB. The firm focuses on gender-equal investing, with 56% of its portfolio in women-led startups, aiming to improve VC funding access for diverse founders in Africa.