Sun King Opens First Customer Experience Centre in Mombasa
June 10, 2025
Sun King has announced the official opening of its first customer experience centre in Mombasa, bringing clean, reliable energy solutions closer to customers along Kenya’s coast. If you have a startup you want featured on…
Paysky Launches ‘Pay by Bank’ to Revolutionize Direct Bank Payments in Africa and Beyond
June 6, 2025
Egyptian fintech, Paysky, has announced the launch of its “Pay by Bank” service during Seamless Middle East 2025, held in Dubai from 20th to 22nd May. This enables direct Account-to-Account (A2A) payments, allowing banks, merchants,…
4DX Ventures Appoints Mimi Alemayehou and Kurankye Sekyi-Otu as Senior Advisors
June 5, 2025
4DX Ventures has announced today that Mimi Alemayehou and Kurankye Sekyi-Otu have joined the firm as Senior Advisors as 4DX continues to scale its platform and deepen its impact across the continent. If you have a startup you want…
Fincra Secures Regulatory Approval to Operate as Payment System Provider in Tanzania
June 4, 2025
Fincra has announced the acquisition of the necessary regulatory license to operate as a Payment System Provider in Tanzania. This expands the fintech’s footprint across East Africa and strengthens its cross-border payment network across Africa. …
dLocal Set to Acquire AZA Finance to Expand Presence in Africa
June 3, 2025
dLocal has expressed interest in acquiring AZA Finance, a cross-border payments and foreign exchange platform in Africa. This acquisition is subject to regulatory approval. If you have a startup you want featured on TechArena, let…
AXIAN Telecom Now Owns 8% of JUMIA
June 2, 2025
AXIAN Telecom has formally revealed that it now beneficially owns 8.0% of the total shares of JUMIA Technologies. This was disclosed through a beneficial ownership report filing to the U.S. Securities and Exchange Commission (SEC)….
Twiga Foods to Cut Jobs as It Freezes Nairobi Operations
May 30, 2025
Twiga Foods plans to scale down its workforce and freeze operations in Nairobi, according to the Business Daily. The publication reports that the startup will pause operations in Nairobi for 60 days until August. During…
straitPay Raises £1M in Pre-Seed Round to Boost Financial Access Across Africa
May 28, 2025
straitPay has completed its pre-seed funding round, raising approximately £1 million. The new investment will accelerate straitPay’s mission to enhance financial connectivity throughout Africa and its diaspora whilst expanding into new markets. The funding round…
Bolt Awards €20,000 in Seed Funding to South African Entrepreneurs in First Accelerator Program
May 27, 2025
Bolt has concluded its first Accelerator Program in South Africa, awarding €20,000 (over R400,000) in funding to ten standout participants. The initiative marks a significant step in the company’s efforts to support entrepreneurial growth within…