Author: Kaluka wanjala

Flutterwave has announced a strategic investment from Ripple, a global provider of blockchain-based enterprise financial solutions. The investment forms part of Flutterwave’s Series E fundraising round. This values the company at $3.2 billion. By embedding Ripple’s RLUSD stablecoin into its ecosystem, Flutterwave aims to streamline settlement processes and eliminate traditional inefficiencies in international payments. If you have a startup you want featured on TechArena, let us know through this contact form here. The company says the integration will allow African businesses to bypass legacy financial bottlenecks, including multi-day settlement delays and high foreign exchange costs, replacing them with faster, more predictable and lower-cost…

PawaPay has announced it has surpassed three billion successful mobile money transactions. The company revealed that it processed its third billion transactions in under nine months, three months faster than it took to reach the previous billion. Over the same period, daily transaction volumes nearly doubled from around 2.4 million to five million. The milestone comes amid strong growth in Africa’s mobile money ecosystem. According to the GSMA State of the Industry Report 2026, mobile money transaction value grew by 26% last year, while global merchant payments rose by 50% to reach $155 billion. PawaPay says its transaction growth has…

Yellow Card has been named to the inaugural Fortune Crypto Innovators list. The recognition places IT among a select group of global players shaping the future of digital assets and blockchain infrastructure. The Crypto Innovators list highlights organizations driving meaningful progress in the digital asset ecosystem through advancements in technology, infrastructure, security and adoption. The list specifically focuses on companies building foundational systems that enable the broader growth of blockchain-based finance. “Being named to the Fortune Crypto Innovators list affirms what we have always known: the future of global commerce runs through emerging markets,” said Chris Maurice, CEO and Co-founder…

Egyptian fintech startup Blnk has secured a total of $37.1 million in fresh funding, combining $12.5 million in Series A equity and $24.6 million in local debt facilities, as it looks to scale its point-of-sale financing solutions and deepen financial inclusion in the country. The equity round was led by Algebra Ventures, with participation from SANAD Fund for MSME, Endeavor Catalyst and Emirates International Investment Company (EIIC), which also backed the company at the seed stage. On the debt side, Blnk attracted support from major Egyptian financial institutions including Suez Canal Bank, Bank Albaraka and National Bank of Egypt, alongside…

The Mwanga wa Elimu movement held its inaugural public workshop at the eLearning Africa 2026 conference in Accra. The conference brought together policymakers, developers, educators, researchers and funders from across the continent. The workshop, themed “Light the Way: Join Africa’s EdTech Revolution,” marked two key developments: the official launch of the Africa EdTech Policy Toolkit and the opening of membership for practitioners across Africa. The initiative is closely tied to the Africa EdTech 2030 Vision and Plan, developed by AUDA-NEPAD and endorsed during the 39th Ordinary Session of the AU Assembly. The plan outlines an ambitious roadmap to create a…

NTT DATA has announced the expansion of its Salesforce capabilities in East Africa. The announcement was made during an industry event in Nairobi. This signals to a deeper push by NTT DATA to localise its global Salesforce expertise while at the same time strengthening in-region delivery capabilities for businesses across Kenya and across East African market. This expansion focuses on enabling organisations to manage customer data better, integrate fragmented systems and adopt AI-powered tools. The aim is to deliver more personalised and efficient customer experiences. A key theme that emerged during the event was the growing challenge of disconnected customer…

Vertiv announced the Vertiv Rack Extreme, a next-generation rack designed for the increasing demands of high-performance computing and AI applications. This future-ready rack platform supports deep and heavy IT equipment required for next-generation deployments. Driven by increasing compute density, data centre operators must accommodate IT equipment while supporting airflow, cable organisation and installation flexibility. The Vertiv Rack Extreme is designed to help meet these evolving demands with higher load ratings, deeper configurations, integrated cable management and compatibility with power and thermal management systems used in data centre environments. “The Vertiv Rack Extreme reflects our expanded capabilities in rack and enclosure designs for high-density…

Proparco has announced a new financing facility for Kenyan healthtech startup Tibu Health. This funding will accelerate the rollout of its proximity-based “Minute Clinics”. It will also help expand access to affordable primary healthcare for underserved communities. This funding is being provided through the Bridge Fund by Digital Africa facility and is expected to support Tibu Health’s expansion across urban and peri-urban areas in Kenya. Tibu Health was founded by Jason Carmichael and focuses on delivering accessible and affordable primary healthcare services. The company has built a model centered on embedded clinics which are small healthcare units that are integrated…

Nigerian shared mobility platform Shuttlers has surpassed 10 million completed journeys and has become the first private shared transport operator in Nigeria to integrate with Google Maps Transit system. The integration allows commuters searching for public transport directions on Google Maps in Nigeria to discover Shuttlers’ routes and book seats directly within the platform. If you have a startup you want featured on TechArena, let us know through this contact form here. Shuttlers operates a structured shared commuting network designed for professionals and businesses navigating high-density urban centres such as Lagos, Abuja and Port Harcourt. The company currently serves around 30,000 active users…

Africa’s esports industry is showing strong signs of rapid expansion, with the Carry1st Africa Cup 2026 returning as the continent’s largest competitive Call of Duty: Mobile tournament and a key qualifier for the global championship stage. According to the organisers, the previous edition of the tournament reached more than 57 million people, drew over 20,000 viewers during the grand finals and attracted 700 in-person fans at the Lagos finale. The competition also marked Africa’s first-ever qualification pathway to the Call of Duty: Mobile World Championship. “Last year, 57 million people heard about the Carry1st Africa Cup, with over 20,000 people…