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Fintechs Centi, Centbee to launch blockchain-based remittances for Africa
Swiss fintech company Centi and global digital cash wallet Centbee are launching a new blockchain-based remittance service between Switzerland and Africa.
SA's MultiChoice to launch pan-African payment platform
South Africa's MultiChoice Group is developing an integrated payment platform for Africa in a joint venture with UK-based fintech company Rapyd and private equity firm General Catalyst.
Hot startup of the month: Pan-African fintech KamaPay
This month's hot startup is pan-African fintech KamaPay, which helps individuals and businesses make cross-border payments on the continent.
Digital banking group Tyme raises another $77.8M
Tyme has raised another US$77.8 million in a pre-series C capital raise, securing two new international investors, while South African flagship TymeBank's customers have reached 7 million.
MTN Cameroon mobile money unit gets PSP license
MTN Cameroon's fintech subsidiary Mobile Money Corporation (MMC) has been granted a Payment Services Provider (PSP) license.
Crypto enthusiasts react to Binance expansion in West Africa
Binance's peer-to-peer platform has recently expanded its reach in West Africa and local crypto enthusiasts have mixed feelings about the cryptocurrency exchange's growth in Africa.
Connecting Africa Podcast: S2 Ep. 7 – Gender-lens investing
In this episode, the Connecting Africa Podcast team speaks to Eloho Omame, co-founder of FirstCheck Africa, an early-stage VC firm investing in tech startups founded or co-founded by women.
Vodacom reports revenue growth despite headwinds
Vodacom Group reported strong financial growth for the year, despite facing headwinds from power supply issues in South Africa, startup costs in Ethiopia, supply chain challenges and higher interest and inflation rates.
Safaricom granted mobile money license in Ethiopia
Kenya's Safaricom has been granted the license to operate its mobile money service M-Pesa in its new territory of Ethiopia, as the Ethiopian rollout costs put strain on group earnings.
Podcast: Safaricom CIO George Njuguna on training Kenya's next million tech developers
Safaricom CIO George Njuguna, the keynote speaker at East Africa Com in Nairobi, Kenya, sits down with Connecting Africa's Paula Gilbert to talk about Safaricom's vision for 2030 and how to build East Africa's digital economies while growing technology talent and digital skills.
Hot startup of the month: Cameroon's Agrix Tech
Cameroonian startup Agrix Tech is helping small-scale farmers to transition from subsistence farming to commercial farming and maximize their profits.
Mobile money transactions hit $1.26T in 2022 – GSMA
Total mobile money transaction values grew 22% in 2022 to US$1.26 trillion, according to the GSMA State of the Industry Report on Mobile Money 2023, and there are 1.6 billion registered mobile money accounts globally, 781 million of which are in Africa.
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Hot startup of the month: Pan-African fintech KamaPay
This month's hot startup is pan-African fintech KamaPay, which helps individuals and businesses make cross-border payments on the continent.
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Afretec awards $3.3M in grants to African research teams
The African Engineering and Technology Network (Afretec) has awarded grants worth $300,000 each to 11 university research teams across Africa to advance digital technologies.
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- Cybertech Africa: The pan-African event for innovation and networking
Kigali, Rwanda, Wednesday, May 17, 2023 - Liquid, Nokia partner on Kenya-SA fiber route
Johannesburg, Thursday, February 2, 2023 - Telkom SA to add MVNOs to network this year
Johannesburg, Friday, January 20, 2023
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Africa Tech Perspectives
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Deep dive into East Africa's tech startup ecosystem
New survey reveals a lack of access to investors, reliance on international VCs and global recession trends as the biggest barriers for East African tech startups to access funds.
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Challenges and opportunities for women's tech careers
A new survey reveals that COVID-19, the cost-of-living crisis, skills shortages and a lack of mentorship have negatively affected women's career development over the past two years.
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Survey: Opportunities for Women in Tech
Take our new survey for women across Asia, Europe and Africa looking at the biggest challenges and opportunities for women-led enterprises and trends in tech careers for women.
Upcoming events
London Tech Week
June 13-16, 2023Queen Elizabeth II Centre, Broad Sanctuary, London SW1P 3EE
Cybertech Africa 2023
August 1-2, 2023Kigali Convention Center, Kigali, Rwanda
Africa Tech Festival, Home of AfricaCom and AfricaTech
November 13-16, 2023CTICC, Cape Town
Guest Perspectives
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Omdia View: February 2023
By Omdia AnalystsIn February 2023 key events in the Middle East and Africa included a major Internet project for Africa's underserved by Liquid Intelligent Technologies and Microsoft as well as a 5G launch in Tanzania – that and more in this month's Omdia View.
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Omdia View: July 2022
By Omdia AnalystsKenya and Zambia move towards 5G with new spectrum allocations while Tunisie Telecom plans to shut down its 3G network - that and more in this month's Omdia View.
