South Africa’s electric vehicle market is expanding rapidly, and with it comes the need for seamless, efficient payment solutions at charging stations. EFT Corporation, in partnership with Rubicon, Visa, and Verifone, is leading this transformation by deploying a cloud-based, open-loop payment system for EV charging stations. This innovation eliminates the need for pre-funded wallets and…
The Africa Tech Summit Awards 2025 celebrated the entrepreneurs and ventures shaping the continent’s tech landscape, recognizing their groundbreaking contributions across multiple sectors. The awards were presented during the seventh edition of Africa Tech Summit Nairobi, powered by Raenest, which convened over 1,600 tech leaders from more than 65 countries to foster business and innovation….
Dashen Bank has partnered with Accion and the Mastercard Center for Inclusive Growth to drive financial inclusion for Ethiopia’s micro, small, and medium enterprises (MSMEs). Through this collaboration, the bank is establishing an innovation hub that will develop digital financial services tailored to the needs of small businesses, with a particular focus on women-owned enterprises….
Telkom Kenya, Rakuten Symphony, and Airspan have signed a Memorandum of Understanding (MoU) to pioneer knowledge transfer and testing of Open Radio Access Network (Open RAN) technology in Africa. This collaboration will focus on 4G and 5G technologies, providing a platform to test and enhance open and flexible network architectures within Kenya.
OpenAI has made a significant addition to its Board of Directors with the appointment of Adebayo “Bayo” Ogunlesi, a renowned leader in global finance and infrastructure. Ogunlesi’s appointment is expected to further strengthen the governance of OpenAI, bringing extensive expertise in corporate finance, strategic leadership, and global market strategy.
Mukuru has introduced its mobile wallet in Zimbabwe, the Mukuru Wallet, following its receipt of a Deposit-Taking Microfinance Institution (DTMFI) licence from the Reserve Bank of Zimbabwe. This new addition to Mukuru’s suite of financial services is a game-changer, as it enables users to send and receive money both locally and internationally, directly from their mobile phones. It also offers safe storage for funds, with the added advantage of a free cash-out feature on international transfers.
Lemfi, a leading remittance startup catering to African immigrants across 22 countries, has raised $53 million in its Series B funding round, bringing its total funding to $85 million since its inception in 2019. The investment round, led by Highland Europe, positions the startup for an exciting new phase of growth, as it plans to expand into Europe and further its mission of improving financial services for African immigrants globally.
Sentinel Africa Consulting has announced a pivotal leadership change with Collins Too taking over as the new Chief Executive Officer (CEO) of both Sentinel Africa Consulting and its subsidiary, Sentinel Africa Training Institute. This appointment marks a crucial step for the company as it enters a new phase of growth and innovation.
