East Africa – Page 3 – Africa Fintech Network

Africa Leads the World in Stablecoin Spending, Nigeria and South Africa at the Forefront

Africa is emerging as one of the world’s most active stablecoin markets, with Nigeria and South Africa at the forefront of real-world usage, according to the

Ghana’s Points Africa Raises $2M to Build Continent-Wide Loyalty Currency

Points Africa, a Ghana-based fintech, is building Sub-Saharan Africa’s first shared loyalty network, allowing customers to earn and redeem a single reward currency across multiple merchants,

Debt Financing Reaches All-Time High in African Tech: The $1.6B Milestone

Something structural is shifting in how African tech companies raise money, and most of the conversation about African startup funding is missing it. In 2025,

Ericsson and Mastercard Collaboration Aims to Accelerate Digital Payments Worldwide

Ericsson and Mastercard announce a collaboration to reshape how money moves across the world. By integrating the Ericsson Fintech Platform (Mobile Financial Services) with Mastercard Move – Mastercard’s

Dutch Good Growth Fund Partners with First Circle Capital to Boost Early-Stage African Fintech

The Dutch Good Growth Fund (DGGF) has announced a partnership with First Circle Capital (FCC), a female-led, first-time fund manager focused on early-stage venture capital in Africa. FCC is

South Africa’s Araxi Acquires Fintech Pay@ for $62m to Consolidate Regional Payments

In a significant consolidation of the Southern African fintech space, JSE-listed Araxi Limited (formerly Capital Appreciation Limited) has agreed to acquire an 80% stake in

UK banks convene to build alternative domestic payment system

UK bank executives are set to convene this Thursday for their first meeting to establish a domestic alternative to Visa and Mastercard. Chaired by Barclays

Lesotho engages Vodacom on digitisation

Lesotho is set to bolster its digital transformation strategy by leveraging proven frameworks from Vodacom’s broader African portfolio. The move follows a visit from a

eNovate and Cobi Integrate AI Intelligence to Transform Egypt’s Digital Payment Experience

eNovate, a subsidiary of eFinance Investment Group, and Cobi, a UAE-headquartered AI-native customer intelligence platform, announced the integration of Cobi’s AI-powered intelligence infrastructure across its digital payment ecosystem

Safaricom and M-Pesa Foundation Invest in Modern Learning Environment for Children

The M-Pesa Foundation, in partnership with Safaricom PLC and the Safaricom Foundation, has begun construction of new learning facilities at Sango PAG Primary School in Lugari. The groundbreaking marks

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Tag: East Africa