Flutterwave Just Got a Banking License. Here’s Why That’s a Big Deal
The African payments giant can now hold deposits and settle funds directly — cutting out the middlemen that have long slowed fintech innovation in Nigeria
A Paris Startup Just Raised $6.2 Million to Let You Spend Crypto Like Cash
Kulipa wants to make stablecoin balances as spendable as a debit card — and it’s already issued 120,000 of them
Affinity Africa Launches Business Banking Portal for Ghanaian Businesses
The Ghana-based fintech says its new platform was built from real conversations with business owners
Moniepoint Enters Kenya After Acquisition of Sumac Microfinance Bank
Africa’s largest financial platform acquires Sumac Microfinance Bank, planting its flag in a market where 7.4 million small businesses still lack integrated banking tools
Nigeria Central Bank Announces Pilot Program for Virtual Asset Service Providers
Select companies chosen for its pilot program include Flutterwave, Paystack and KoinKoin
Kenya Confirms Investigation Into Meta’s Ray-Ban Smart Glasses
Kenya’s Data Protection Commissioner (ODPC) has confirmed that it has launched a formal investigation into Ray-Ban Meta smart glasses following reports of mass surveillance and non-consensual recordings. The move places Kenya alongside the UK and US in a growing global regulatory pushback against Meta’s wearable tech. Driving The News The investigation centers on a disturbing […]
Fido Wins Six Awards At The 5th Ghana Fintech Awards
Capping a landmark evening with the coveted Fintech of the Year title, Fido cements its position as the most decorated company at Ghana’s premier fintech awards. Fido, Ghana’s leading digital lending platform, made history at the 5th Edition of the Ghana Fintech Awards held on Saturday, 28th March 2026, at The Underbridge Annex, East Legon, […]
Rwanda Sets 2027 Deadline for Full Digital ID Rollout
Rwanda is accelerating its push toward a “cashless and paperless” economy, targeting 2027 for the full implementation of its Single Digital ID (SDID) system. Why it matters The SDID is the backbone of Rwanda’s Digital Public Infrastructure (DPI). By 2027, this digital credential will be the primary tool for accessing both government and private sector […]
EV Startup GoSwap Secures Seed Funding to Electrify Morocco
GoSwap, a Casablanca-based startup specializing in automated battery swapping for electric scooters, has closed its first round of funding from the Azur Innovation Fund. The deal aims to catalyze an eventual $2M+ (20 million dirham) capital raise to overhaul urban mobility in North Africa. Why It Matters In many African cities, two-wheelers are the lifeblood […]
GSMA Report: Mobile Money Surpasses $2 Trillion In Transactions
The global mobile money industry reached a massive economic milestone in 2025, processing $2 trillion in transactions—effectively doubling its annual volume in just four years. Driving The News According to the GSMA’s State of the Industry Report 2026, the surge is fueled by more than just new users; it’s about deeper integration: Why it matters […]
littlefish Raises $9.5M Series A Round Led by Partech to Power Merchant Infrastructure for Banks Across Africa
South African fintech littlefish has secured $9.5 million in Series A funding to scale its “merchant operating system” across the continent. The round, led by Partech, signals a shift in African fintech: instead of trying to disrupt traditional banks, startups are increasingly building the infrastructure to help those banks compete. The Details The funding round […]
Liberia’s National ID System Suspended Due To Massive Debt
Liberia’s national identity system has ground to a halt, leaving citizens unable to obtain or renew biometric ID cards. At the heart of the collapse is a $1.7 million debt owed to the current infrastructure provider, Techno Brain. Why it matters The shutdown is crippling Liberia’s digital economy goals. Without a functional ID, citizens are […]
MTN Shuts Down “Super App” Ayoba
MTN Group is officially shuttering Ayoba, its ambitious messaging and “everything app,” marking the end of a high-stakes effort to challenge global giants like WhatsApp on African soil. The details The platform was delisted from app stores on March 20, 2026. The backstory Launched in 2019, Ayoba was designed to be Africa’s answer to WeChat. […]
What We Learned at Bamboo’s Social Mixer in Accra
On Friday, 20th March, Bamboo, an African investment platform, gathered Ghanaian users for an evening of conversation about the platform and to take feedback to help improve its services. The event was held at Buro coworking space in Osu, Accra, where Bamboo co-founders Richmond Bassey and Yanmo Omorogbe sat down with users to discuss product […]
Kwame AI Launches Pro Bono Version of Its Legal Platform To Help Legal Aid System
Kwame AI, the Ghanaian legal technology company behind the Eskwai platform, has launched a pro bono program that will give the Legal Aid Commission of Ghana free access to its AI-powered legal research and drafting tools — a move the company says is designed to tackle one of West Africa’s most stubborn justice crises. Why […]
Ghana Approves Lithium Project That Will Ship Mineral to US
Africa’s first US-bound lithium project is moving forward — a win for Washington’s push to break China’s grip on the critical minerals that power electric vehicles and batteries. Atlantic Lithium Ltd. has secured approval to develop Ghana’s first lithium mine on terms more favorable than those sought under a previous government. The Details The Australian […]
Ghana’s Esports Federation Issues Sweeping Mandatory Registration Order for All Industry Players
The Ghana Esports Federation is requiring every team, organizer, gaming center, and corporate partner to register — or risk losing the right to operate. Why it matters Ghana’s esports industry is entering a new era of formal regulation. The Ghana Esports Federation (GESF) has issued a sweeping directive making registration mandatory for all stakeholders — […]
Duplo Gets Dual NRS Licenses, Eyes July E-Invoicing Deadline
Nigeria’s July 1 e-invoicing deadline for medium taxpayers is now less than four months away — and Duplo just positioned itself as one of the most complete compliance pipes in the market. Driving The News The Nigerian Revenue Service (NRS) granted Duplo, a financial operating system company, both a Systems Integrator (SI) and Access Point […]
Mambu Tapped as Core Banking Engine for Nyla, Africa’s First Islamic Neobank
Amsterdam-based Mambu, a SaaS cloud banking platform, announced a partnership with Kigali-headquartered Nyla to power its core banking infrastructure as it launches in Ghana and eyes West Africa expansion. Why it matters Africa accounts for just 2% of the $7 trillion global Islamic finance market — despite strong demand for ethical, values-based financial services across […]
Ghana Sets EV Charging Electricity Rate for First Time
The Public Utilities Regulatory Commission (PURC) has introduced a dedicated tariff for commercial electric vehicle charging — the first time Ghana has formally regulated electricity pricing for the sector. The move signals official recognition of commercial EV charging as a distinct economic activity, a foundational step for attracting serious private investment in charging infrastructure. The […]
