Belva Digital Named MarTech Provider of 2024

Belva Digital has been awarded the prestigious MarTech Provider of the Year at the 13th edition of the Marketing World Awards (MWA). This recognition, which celebrates brands and personalities revolutionizing Africa’s marketing-tech space, underscores Belva Digital’s unwavering commitment to delivering innovative marketing solutions that drive measurable impact for businesses across the continent.

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Choice Microfinance Bank’s Nationwide Upgrade Application Approved by CBK

Choice Microfinance Bank Limited has received approval from the Central Bank of Kenya (CBK) to upgrade its status from a community microfinance bank to a nationwide microfinance bank. The approval, granted on November 4, 2024, under section 7 of the Microfinance Act, paves the way for the institution to extend its operations across Kenya, marking a significant milestone in its growth.

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MTN, Telecoming Partner to Launch Cloudplay Service

MTN, Africa’s largest telecom operator, has partnered with sports technology firm Telecoming to launch MTN Cloudplay in South Africa. This groundbreaking cloud gaming service offers subscribers access to over 340 high-quality games from 50 renowned publishers, providing a seamless and immersive gaming experience. With no need for downloads or high-end consoles, MTN Cloudplay is set to revolutionize how gamers access and enjoy their favorite titles.

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Solarbox Africa Secures $1M Pre-seed Funding

Solarbox Africa, a leading eMobility solutions provider in West Africa, has successfully closed a $1 million pre-seed funding round to accelerate the growth of its innovative electric mobility solutions. The funding, led by prominent early-stage investors such as Digital Energy Facility, Launch Africa Ventures, and Teranga Capital, will enable Solarbox to meet the rising demand for clean, sustainable transportation options in Senegal and neighboring regions.

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Schneider Electric East Africa Unveils New eCommerce Platform

Schneider Electric East Africa has introduced a new eCommerce platform, transforming the procurement process and expanding market reach across the region. This platform offers a seamless, efficient way for resellers, system integrators, industry maintenance teams, building managers, and end-users to access Schneider Electric’s comprehensive product range. By ensuring direct delivery to customers’ doorsteps, it eliminates the need for intermediaries and simplifies product acquisition for various industries.

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Minka Collaborates with African Banks to Enhance Financial Connectivity

Minka, a Colombian fintech startup leading in financial innovation, has announced its expansion into key African markets, including Nigeria, Kenya, Uganda, and Cameroon. This marks a pivotal step in its mission to drive financial inclusion across the continent by providing enhanced financial interoperability and transparency. The move highlights Minka’s commitment to improving digital payment solutions and empowering underserved individuals and businesses within both formal and informal financial systems.

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M-PESA Go, Old Mutual Launch Toolkit for Learners

M-Pesa GO, Old Mutual Kenya, and the Kenya Institute of Curriculum Development (KICD) have unveiled a groundbreaking online financial literacy toolkit aimed at equipping Kenya’s youth with critical financial skills. This initiative is designed to empower young learners to make informed financial decisions, preparing them to thrive in a rapidly evolving digital financial landscape. It builds on earlier efforts, including the launch of a teacher training platform to ensure educators are well-equipped to deliver financial literacy education effectively.

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Vodacom Group Announces Initiative to Train African Youths

Vodacom Group has launched a transformative initiative to address Africa’s digital skills gap, partnering with leading organizations like Amazon Web Services (AWS), Microsoft, and Skillsoft. Through the Vodacom Digital Skills Hub, the program aims to train one million young people aged 18 to 35 by 2027, equipping them with critical digital skills to thrive in the evolving global economy. This ambitious initiative will span eight African countries, including South Africa, Kenya, Tanzania, and Ethiopia.

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