Outreach

Visa Invests In 4 African Fintech Startups

Visa invest in African startups

Is the EV Dream Stuck in Neutral?

The unfolding Electric Vehicle dilemma.

Investing in Money Market Funds in Kenya(2024)

The Rise of Money Market Funds in Kenya

Factors to consider when sourcing for a digital core banking system

The Digital Diagnosis: How Kenya's Healthcare is Crying Out for a Tech Upgrade

Technology news: Kenya Stargazing

Smile ID Rebrands and Launches New Products

Smile ID, a startup providing ID verification and KYC compliance infrastructure to companies from diverse backgrounds, has undergone a brand makeover. Now called Smile ID, the rebranding also features a new website, identity, and a host of product updates.

The Ghana Fintech Ecosystem: A Growing Force for Financial Inclusion

The report notes that the number of fintech companies in Ghana has increased from 50 in 2017 to over 200 in 2022. The value of fintech transactions in Ghana is also expected to reach $1 billion by 2023.

Twitter Starts Sharing Ad Revenue with Verified Creators

Twitter is starting to share ad revenue with verified creators. Creators must have a Twitter Blue subscription and meet certain engagement thresholds to be eligible. The share of ad revenue that creators earn will be based on a number of factors. The first round of creator payouts will total $5 million.

Uganda Taxes Tech Giants

Uganda’s parliament passed a tax on the incomes of foreign digital services providers operating in the country, joining a growing list of African countries seeking a share of revenue generated locally by technology companies.

Telegram Wallet Bot Enables In-App Payments in Bitcoin, USDT, and TON

Telegram has updated its wallet bot to allow users to make in-app payments in Bitcoin (BTC), Tether (USDT), and the Telegram Open Network (TON). The bot, which is available to all Telegram users, can be used to send and receive crypto, as well as to buy and sell crypto using a variety of payment methods.

Egypt overtakes Nigeria in start-up capital as Africa tech funding slows

Egypt led in the total equity funding raised by start-ups in Africa from June 2022 to June 2023, toppling Nigeria, according to data released by an industry group on Tuesday.