BusinessBeat 24

Money

Mystocks.Africa Secures Coinbase-Backed Grant as Tokenised African Assets Enter a New Phase

Kebaya Mwamba, CEO of Mystocks.Africa, says the continent is “moving toward more open and efficient capital markets.” His comments follow the company’s announcement...

Emmanuel Lahai: Pioneering Sierra Leone’s E-Commerce Revolution

Emmanuel Lahai, a trailblazing entrepreneur from Sierra Leone, has emerged as a transformative figure in the country’s burgeoning digital landscape. As the CEO...

20 Semi-Finalists Announced for the MEST Africa Challenge 2025

Twenty African startups have been named semi-finalists in the MEST Africa Challenge (MAC) 2025, a flagship pan-African startup competition powered by MEST Africa...

Breadfast Launches New Card to Simplify Financial Management in Egypt

Egyptian quick commerce company Breadfast has launched its newest innovation, the Breadfast Card, through its fintech arm Breadfast Pay. The card’s introduction marks...

New Horizons: REasy’s Expansion Ambitions Fueled by $1.8 Million Investment

Cameroon-based fintech REasy has recently secured a significant $1.8 million in pre-seed funding, marking a pivotal milestone in its journey to revolutionize cross-border...

Beyond Borders: The Rise of Nigerian Fintech Raenest

The recent announcement by Victor Alade, co-founder and CEO of Raenest, marks a pivotal moment for the fintech company as it prepares to...

Troygold Turns WhatsApp Into a Gold Bank for the Masses

Troygold, an African-born fintech is transforming exclusionary financial systems in our digital world and redefining how wealth is created. Troygold, co-founded by brothers...

Verto Awards 2025 Finalists Spotlight Africa’s Next Wave of Entrepreneurs

Verto, the global fintech specializing in cross-border payments and foreign exchange for businesses, has unveiled the finalists for its Verto Awards 2025, a program...

African Start-ups Secure Over $200m in a Week as Innovation Broadens Across Sectors

Africa’s start-up ecosystem showed its resilience this week, with ventures across fintech, agriculture, mobility and climate solutions collectively raising more than $200m. From...

Stephanie Anyamele’s Secrets to Keeping Your Business Money-Smart

In a rapidly evolving business landscape, financial literacy and strategic cash flow management are vital for startup survival and growth. Recognizing this need,...

Kredete raises $22m to expand credit access for African diaspora

Kredete, a fintech founded in 2023 with a mission to help African immigrants build credit and access modern financial services, has secured a...

Why eShandi Is Africa’s Hottest Fintech Right Now

In Africa’s fintech scene, typically focused on mobile money, payments and remittances, one start-up is tackling the challenge of providing loans in markets...

Partnership Strategy Helps NALA Enter Kenya’s Competitive Remittance Market

Kenya’s fast-growing remittance sector is gaining a new player as Tanzanian fintech company NALA enters the market through a strategic partnership with Equity...

ANAVA: Driving Long-Term Growth for Tunisian Startups and Regional Innovation

Tunisia is strengthening its position in Africa’s startup ecosystem through the expansion of ANAVA, its state-backed fund of funds. With plans to increase...

Onebank Set to Usher in a New Era of Digital Banking in Egypt by 2026

The Central Bank of Egypt (CBE) has officially approved Misr Digital Innovation (MDI) to transition into onebank, Egypt’s first fully digital bank. Founded...

Filing Deadline Extension Aims to Improve Business Compliance in Algeria

Algeria is taking practical steps to support its commercial sector through regulatory flexibility. The recent extension of the corporate accounts deadline reflects a...

Cryptofy Digital Brings Trust and Security to Nigeria’s Crypto Space

Cryptofy Digital is a clear example of African innovation in the digital finance sector, thriving despite regional challenges. With its recent formal registration...

YEIB to Unlock Opportunities for Liberia’s Youth

Today marks a historic milestone for Liberia and the broader African continent as the African Development Bank Group, in partnership with the Liberian...

Somalia’s New Microfinance Licensing Rule Set to Empower MSMEs

A new directive by Somalia’s Central Bank requiring microfinance institutions to obtain operating licenses marks a significant step toward strengthening the country’s informal...

Unlocking Opportunities: Ivorian Entrepreneurs to Benefit from Strategic Financing Initiatives

Côte d’Ivoire stands at a pivotal moment in its development trajectory, embracing a transition toward sustainable and green economic growth. With a burgeoning...

Ugandan SMEs Get Boost Through Practical Finance Training by IEC and I&M Bank

In a country where small and medium-sized enterprises (SMEs) account for over 90% of the private sector and drive job creation and innovation,...

Nigeria’s New Loan System: Empowering Youth and Reshaping Financial Futures

The Nigerian government is undertaking a bold and comprehensive overhaul of its financial and lending systems, signaling a significant shift in how credit...

Nigeria’s Inflation Drop: A New Dawn for Local Entrepreneurs

In the bustling markets, vibrant startups and innovative small businesses of Nigeria, a new wave of optimism is sweeping through the entrepreneurial landscape....

African-Led Cryptofy Digital Now Registered in the USA

In a bold move that could redefine global cryptocurrency safety standards, Cryptofy Digital has officially registered in the United States, signaling its intent...

Zambia and IMF: Deal Reached for $194M Funding

The Zambian authorities and the International Monetary Fund (IMF) team have reached a staff-level agreement on economic policies and reforms. This agreement is...

MENA Startups Raise $289 Million in May, Driven by Egypt and Fintech Sector

Startups in the Middle East and North Africa (MENA) region raised a total of $289 million in May 2025, according to newly released...

Egyptian Fintech Paysky Launches Game-Changing “Pay by Bank” Service

Egyptian fintech company Paysky has officially launched its latest innovation, “Pay by Bank”, a direct account-to-account (A2A) payment solution designed to modernize digital...

Nigeria’s Fintech PalmPay’s Million Dollar Drive

PalmPay, the Lagos-based fintech company, is making waves across Africa’s financial technology landscape. Reports indicate that the company is in the midst of...

Ethiopia Approves $15 Billion Budget for 2025/26

thiopia’s cabinet has approved a nearly 2 trillion birr ($15 billion) national budget for the 2025/26 financial year, representing a 31% increase from...

New Partnership: Cryptofy and ApexPay Transform Crypto Payments

Cryptofy Digital, an African blockchain-based fintech company, has entered a strategic partnership with ApexPay, South America’s leading digital liquidity provider, in a move...

dLocal to Acquire AZA Finance in Strategic Expansion Across Africa

Global cross-border payments provider dLocal has announced plans to acquire AZA Finance, a leading African fintech startup, in a strategic move to deepen...

Africa Stakes Its Claim in Global Financial Realignment

Global shifts in monetary policy, dollar volatility, and rising interest in digital finance are triggering a structural reordering of global money flows. African...

Cryptocurrency in Africa: Patrick Okechukwu Breaking Barriers with Cryptofy Digital

Africa is at the cusp of a digital revolution that could redefine its economic trajectory. Patrick Okechukwu, widely known as Mr. Noble, is...

NOBSAA: Driving Blockchain Adoption Across Nigeria

Nigerian entrepreneur Kingsley Ekwuruke is the brains behind the Network of Blockchain Solutions Advocates Association (NOBSAA), an organization committed to driving blockchain adoption...

Bridging the Gap: Humairaa Moola’s Accounting Impact on SMEs

“I always knew I wanted to be an entrepreneur—it was in my blood. But beyond that, I wanted to build something meaningful, not...

A New Beginning: Rodney’s Forex Legacy

Rodney Oheneba Ahenkan, affectionately known as Papa Smurf, isn’t your typical forex guru. His journey into forex trading was anything but conventional. It...

Mywagepay: Unlocking Growth for African SMEs

The story of Beth Wambui Mwangi, CEO and founder of Mywagepay, embodies resilience, innovation, and purpose. In a continent where small and medium-sized...

Believe Mabutu: Young entrepreneur determined to take XAU Prime Forex to the top

Just before embarking on the final and probably most important part of his high school journey, Believe Mabutu suddenly found himself having to...

Building Communities: Virginia Sibanda’s Microfinance Impact

Virginia Sibanda, the dynamic CEO of VIRL Financial Services, has established herself as a key player in Zimbabwe’s microfinance sector. With more than...

Wiremit Transfer: Brian Manyau’s Mission to Simplify Global Money Transfers

Brian Manyau’s entrepreneurial journey is a testament to his passion for problem-solving and his commitment to making a meaningful impact. As the co-founder...

Moreblessing Wine: A man with a passion for solutions to financial illiteracy and entrepreneurship development

Moreblessing Wine, the founder of Future Gold Consortium, has been at the forefront of improving the financial literacy of Zimbabweans and Africans by...

Joshua Chimhanda and the Role of Securities Lending in Zimbabwe’s Financial Growth

Zimbabwe’s financial markets are changing, aiming to attract more local and international investors. A key part of this evolution is Securities Lending and...

MoneyMart Finance championing Financial Inclusion and Entrepreneurial Empowerment

Dr. Ethel Chiwara Mupambwa, the CEO and founder of MoneyMart Finance (Private) Limited (MMF), is a pioneering figure in Zimbabwe’s microfinance and financial...

Moniepoint: The recently crowned unicorn, on a mission to power financial dreams in emerging markets

Nigerian based startup Moniepoint, just nine years old, has achieved the remarkable feat of reaching unicorn status after securing $110 million in funding...