FSD Africa has unveiled a new venture fund that will invest in early-stage insurtech startups in Africa. It is targeting those building insurance solutions that improve access, affordability and awareness for underserved populations. This includes innovations in climate resilience, health and financial inclusion. If you have a startup you want featured on TechArena, let us know through this contact form here. FSD Africa says the fund will address a critical financing gap that has slowed the growth of tech-enabled insurance models. It will build on the progress of the BimaLab Accelerator Programme, which has already supported more than 135 startups in 28 African…
Author: Yvonne
The crypto industry is entering a new era of maturity, with independent data from leading blockchain analytics firms Chainalysis and TRM Labs showing a significant decline in illicit activity on centralised exchanges. Once a prominent concern for regulators and users, illicit transaction volumes now represent only a shrinking fraction of global digital-asset activity as exchanges, analytics providers, and law-enforcement agencies continue to strengthen industry safeguards. As of June 2025, the seven largest centralised exchanges by volume recorded just 0.018–0.023% of total transaction activity linked to illicit addresses – a historic improvement compared with levels observed two years prior and a…
The festive season in Kenya is about family, friends, laughter, and food that makes your house smell like home. Chapatis. Pilau. Nyama Choma. An assortment of food and drinks. And, of course, watermelon. Inviting family and friends over and cooking at home is now becoming the thing for many. Now imagine taking it up a notch, turning your living room into the place everyone wants to gather. That is exactly what Samsung’s 2025 QLED and Neo QLED TVs do. Picture this: your cousins are over, the nyama choma or festive pilau is ready, and everyone is settling in for a movie…
Binance has announced the expansion of its services across more than 30 African countries, enabling users to buy, sell, and trade crypto using local currencies including ZAR, KES, GHS, XOF, XAF, UGX, and TZS. This move strengthens Binance’s commitment to financial inclusion, supporting individuals and businesses across the continent with seamless, secure, and localized crypto solutions. “With this expansion, we’re making it easier than ever for people across Africa to access crypto safely and conveniently,” said Larry Cooke, for Binance Africa. “Crypto is more than an investment, it’s a tool for everyday financial empowerment, enabling fast payments, cross-border transfers, and…
Team Europe, a consortium of European organizations, has announced plans to invest in transformative green mobility in Nairobi. The project, known as the Nairobi Core Bus Rapid Transit Line 3 (BRT 3), will receive a total investment of €347.6 million, including €45 million in grants from the EU budget, to create a dedicated electric bus rapid lane in East Africa. The BRT Line 3 is expected to be operational by 2030 and will transport up to 300,000 daily commuters through the most congested areas of Nairobi, significantly reducing commuting time and curbing pollution, traffic accidents and fatalities, while increasing traveler…