Meta is appealing a Lagos High Court ruling that limits how it can use Nigerians’ Facebook and Instagram data for behavioural advertising, putting consent, targeted ads and cross-border data transfers before the Court of Appeal.
Egyptian startup Paymob, the leading payments infrastructure service provider in the MENA region, has secured US$35 million in a pre-Series C funding round to support its ongoing expansion across the region. Founded in 2015 by Islam Shawky, Alain El Hajj and Mostafa Menessy, Paymob is an infrastruct
A candid dispatch that takes stock of the everyday fintech infrastructure behind Hong Kong's digital transformation, with flags worth minding as (South) Africa builds its own rails.
African fintech startups have been invited to apply for the inaugural TWIF Changemakers competition, a new annual honour dedicated to recognising the individuals and institutions driving tangible, lasting impact in financial services. The Week in Fintech, an independent news publication covering the
South African startup Platybooks has launched an invoicing, quoting and light CRM platform that turns an accepted quote into an invoice with a built-in card payment link, settling funds directly into a small business’s own bank account. Founded by Ché Overmeyer, Platybooks began life in 2023 as Invo
Luno has acquired Kenyan cross-border payments company GTXN, bringing licensed collection and payout infrastructure into the cryptocurrency platform as it expands further into business payments across emerging markets. The deal brings together two fintech businesses built by founders with experience
Kenya-based digital pharmacy MYDAWA has partnered with Endless Health to develop a digital-first model for hypertension and diabetes care, one of four new healthtech deals announced at Investing in Innovation Africa’s (i3) fourth annual Access to Markets event in Kigali. The partnership will co-desi
Latitude59 is returning to Kenya for the fourth consecutive year, with applications now open for its 2026 Kenya Pitch Competition, offering early-stage startups across Africa a chance to compete for non-equity funding, partner prizes and a place on the event’s main stage in Nairobi. The Latitude59 K
Data localisation is often framed as keeping data in-country and protecting it, but the Central Bank of Nigeria’s new rules are about whether banks and fintechs can access critical data, recover services, and keep processing payments when their infrastructure fails.
Standard Chartered Plc’s charitable arm awarded 9 million Kenyan shillings (about $70,000) in grants to seven women-led technology startups, part of a program aimed at closing the funding gap for female founders in East Africa’s largest startup market. Each of the seven companies will receive 1.29 m
Absa Bank Kenya, the United Nations Capital Development Fund and the United Nations Development Programme have agreed to a financing arrangement aimed at expanding solar-powered cold storage in Kenya, seeking to address an estimated $2.1 billion infrastructure gap. The portfolio guarantee from UNCDF
South African fintech Mission Mobile has secured as much as 500 million rand ($30.8 million) from investment firm DN Invest as it seeks to expand smartphone financing and deepen its partnerships with mobile network operators. The Johannesburg-based company said DNI’s investment will help accelerate
Paymob, the Egypt-founded payments infrastructure company, raised $35 million in a pre-Series C funding round co-led by Abu Dhabi sovereign investor Mubadala Investment Company and the European Bank for Reconstruction and Development, as the fintech expands its business across the Middle East and No
Absa Bank Kenya has launched Absa Next, a neo-banking platform aimed at a new generation of consumers and entrepreneurs, as the lender accelerates its shift toward digital banking and seeks to move beyond traditional banking models. Absa Next brings everyday banking, savings, investments, credit and
Kenya has signed a cooperation agreement with U.S. artificial intelligence company Anthropic covering AI skills, research, public-sector applications and safety as the East African country seeks to build local capacity in the rapidly developing technology. The Joint Declaration was signed in New Yor
Kenyan agritech startup Rhea Soil Health Management is taking a fresh $100,000 investment into an expansion strategy that could take its soil-intelligence technology from Kenyan farms into other agricultural markets across East Africa. Founded in 2022 by Priscilla Wakarera and Soinato Leboo, Rhea ha
From a failed venture in South Africa to co-founding an AI cybersecurity powerhouse, CyberAlliance president Larry Yon II sits down with PHATHISANI MOYO for Coffee With… to explain why digital trust and diaspora capital are key to unlocking Africa’s true tech potential. The first time Larry Yon II f
