A new impact report released by Yellow Card has highlighted how Africa is emerging as the epicentre of stablecoin adoption. The study reveals how stablecoins are moving from being used for speculative purposes to being used as practical financial tools across sub-Saharan Africa. According to the Yellow Card report, in 2024, stablecoins accounted for 43% of total crypto transaction volume in sub-Saharan Africa. This is quite impressive by any standard. Nigeria recorded close to $22 billion in stablecoin transactions between July 2023 and June 2024. Down south, South Africa saw a 50% month-over-month increase since October 2023. This led to…
Author: Kaluka wanjala
Anza Grow Academy is now accepting applications for the Cohort 7 program. This is a 12-week program designed to equip creative and impact-driven founders with the right knowledge, tools and mentorship needed to help accelerate their ventures. If you have a startup you want featured on TechArena, let us know through this contact form here. What the Program Offers This program incorporates expert mentorship, peer learning and practical business tools that the founders may find helpful. The selected participants will be guided by industry professionals and will have the chance to gain skills in financial modeling, product development and market positioning. They will…
The Samsung Galaxy A26 5G is one of the latest and most talked-about midrange phones of 2025. The phone was unveiled in Kenya earlier this year and is available in stores starting from Ksh 26,000. It premium features at a more accessible price. Here are the top five things you should know before buying this phone. . Long-Term Software Support The A26 comes with Samsung’s promise of six years of updates. This is quite impressive for s smartphone under 30k. This gives it the longest lifespan in its category and makes it a safe bet for long-term buyers who want…
Vertiv is set to host its AI Solutions Innovation Roadshow in Egypt on August 20, 2025. The event will focus on high-performance computing (HPC), artificial intelligence (AI) infrastructure and data centre readiness for Africa’s growing AI economy. Vertiv has confirmed that its AI Solutions Innovation Roadshow will take place in Cairo, Egypt tomorrow (Wednesday, August 20, 2025). The event will be held at the Dusit Thani LakeView Cairo hotel. The Cairo edition is part of Vertiv’s global series designed to equip customers, consultants, and partners with the expertise needed to deploy high-performance computing (HPC) and artificial intelligence (AI) infrastructure. Participants…
Ajua has announced the strategic acquisition of Rate My Service (RMS), a pioneering Kenyan Customer and Employee Experience platform. This acquisition significantly deepens Ajua’s expertise, reinforcing its local relevance, and accelerates its ambitious vision to become the largest and most comprehensive Experience Management platform across Africa. If you have a startup you want featured on TechArena, let us know through this contact form here. The acquisition of Rate My Service marks a pivotal moment, effectively combining two of Africa’s prominent CX platforms to expand reach and enhance capabilities across the continent. By integrating RMS’s innovative feedback solutions and local market understanding,…
From August 16, 2025, all PayPal–M-Pesa transfers will only be done via the official M-Pesa mobile app. The old PayPal Mobile Money Transfer website by Thunes will be discontinued. We covered this story a few week back and you can read more about it here. If you’ve been withdrawing or depositing through the old site, this guide will walk you through how to link your PayPal account to the M-Pesa app, how to withdraw from PayPal to M-Pesa, how to deposit from M-Pesa to PayPal and Important tips to avoid delays. Download or Update the M-Pesa App You need the…
dLocal has partnered with Digit9, a payments orchestration platform under LuLu Financial Holdings, to enhance payout services in five African markets. The collaboration integrates local bank rails and alternative payment methods (APMs) with the aim of addressing Africa’s high remittance costs which currently average 8.5%. This is nearly three times the 3% benchmark recommended by the UN. The partnership is expected to facilitate faster delivery times and more payout options for recipients by improving processing layers and interoperability. Digit9 aims to overcome common challenges in the African payout space. These include fragmented infrastructure and limited eWallet compatibility. “Africa is a…
Huawei has officially launched the 10th Edition of its ICT Competition in Kenya. The 2025 edition has a goal of doubling participation from the current 6,000 to 12,000 students. The program is run in partnership with the UNESCO Institute for Information Technologies in Education. It offers free training in artificial intelligence (AI), cloud computing, networking, and other emerging technologies. National winners will progress to regional and global stages. They will also gain industry-recognised certifications, cash prizes, gadgets, and internship opportunities. According to Huawei, more than 12,000 Kenyan students have benefited from the program since its introduction in 2018, with many…
TLcom Capital has made a fresh addition to its $5 million pre-seed portfolio, TAPSI (TIDE Africa Pre Seed Investments), by participating in the $2 million seed round of South African travel payments platform TurnStay. The deal marks TAPSI’s halfway point in deploying its dedicated early-stage capital, launched in 2022 to provide African startups with up to $200,000 in pre-seed funding. TAPSI was designed as an upstream feeder to TLcom’s core $154 million TIDE Africa Fund II. It makes it easier for high-performing pre-seed portfolio companies to progress to larger rounds. The fund complements TLcom’s multi-stage strategy, using the firm’s two…
As Africa’s digital transformation happens, one of the key enablers behind the scenes is infrastructure. This includes the data centers, power systems and cooling solutions that keep Africa’s digital economy running. Vertiv, a global provider of critical digital infrastructure, has been steadily building its presence in Africa and positioning itself at the intersection of AI adoption, sustainable power, and next-generation data centers. In an interview with TechArena, Wojtek Piorko, Managing Director for Vertiv Africa, shared the company’s approach to serving the continent’s fast-growing technology ecosystem. Pan-African Footprint Vertiv operates five offices across the continent in Johannesburg (Africa HQ), Lagos, Casablanca,…

