Safaricom Unveils 10 Startups for Spark Accelerator Cohort II
October 2, 2025
Safaricom has unveiled 10 startups as finalists for the second cohort of its Spark Accelerator Program, a corporate innovation initiative launched in partnership with M-PESA Africa, Sumitomo Corporation, and implemented by iHUB. The startups are:…
Africa VC & Private Capital Fund Tracker 2025: Who’s Raising and Deploying Capital?
October 2, 2025
Africa’s startup and SME ecosystem continues to attract growing investor attention in 2025. There are some new funds targeting everything from early-stage tech to climate and private credit. For founders, this rise in capital represents…
Visa Direct Pilots Stablecoin Prefunding to Speed Up Cross-Border Payments
September 30, 2025
Visa has announced the launch of a stablecoin prefunding pilot through its global money movement platform, Visa Direct. The initiative is designed to give businesses, banks and remittance providers a faster and more flexible way…
Kenya to Spend Ksh 6.1 Billion on EV Charging Stations Rollout
September 30, 2025
Kenya will require $47.26 million (about SKsh 6.12 billion) to set up 10,000 electric vehicle (EV) charging stations across the country. According to a new policy document from the Ministry of Energy and Petroleum, the…
Tende Pay and PesaLink Partner to Power Instant Business Payments in Kenya
September 26, 2025
Tende Pay has announced a strategic partnership with PesaLink to transform how businesses in Kenya handle payments. The collaboration integrates PesaLink’s instant payment infrastructure directly into Tende Pay’s spend management platform. This is meant to…
Verto Opens Nairobi Hub to Strengthen Cross-Border Payments in East Africa
September 26, 2025
Verto has officially launched a new hub in Nairobi as part of its East African growth strategy. The hub, located at The Address on Muthangari Drive, will serve as Verto’s central point for operations in…
NCBA and Loxea Partner to Finance BYD Shark 6 Hybrid Pickup
September 26, 2025
NCBA Bank and CFAO Mobility Kenya’s leasing arm, Loxea, have announced a partnership to finance BYD electric vehicles, starting with the launch of the BYD Shark 6, Kenya’s first plug-in hybrid pickup. The Shark 6…
Operation Serengeti 2.0: INTERPOL, Binance and African Authorities nab 1,209 in Major Cybercrime Crackdown
September 25, 2025
Between June and August 2025, African law enforcement, with support from INTERPOL and AFRIPOL, executed one of the largest cybercrime crackdowns to date. Dubbed Operation Serengeti 2.0, the effort disrupted ransomware, BEC scams, and crypto…
Mastercard, Smile ID Partner to Scale Digital Identity in Africa
September 25, 2025
Mastercard has partnered with Smile ID to roll out digital identity solutions across Africa. Mastercard has also made a minority investment in Smile ID. Through this partnership, two companies hope to reduce fraud, make the…