An event gathering top founders, creatives, and tech leaders in Africa for networking and idea sharing.
Why Kenyan remittance startup Bonto is shutting down after two years
Bonto Kenya ceased processing transactions on August 15 and requested the revocation of its license from the Central Bank of Kenya. The Central Bank of Kenya confirmed the revocation of Bonto's license, highlighting regulatory challenges for fintechs in the country.
As rivals circle Africa, Blockchain.com open its first office in Nigeria
Blockchain.com has opened its first physical office in Nigeria, marking its entry into Africa. User activity in Nigeria has doubled, making it the largest market for Blockchain.com in Africa.
Nigeria’s Caring Africa joins Morgan Inclusive & Sustainable Ventures as sole African pick
Caring Africa has been selected for the 2025 Morgan Stanley Inclusive & Sustainable Ventures. The organization is the only Africa-based care tech venture in the cohort.
Kenyan bank staff will no longer enjoy cheaper loans under new CBK pricing model
The Central Bank of Kenya has scrapped preferential borrowing terms for bank employees. The new risk-based pricing model will increase borrowing costs for insiders who previously enjoyed cheaper credit.
South African fintech startups to watch in 2025
South Africa's fintech sector accounts for nearly 40% of Africa's total fintech earnings. In 2023, there are over 140 fintech startups operating in South Africa.
