Central Bank of Kenya (CBK) to Issue Payment License To Fintech Startups
The Central Bank of Kenya (CBK) is set to issue payment licenses to fintech startups operating in the country soon. Two prominent fintech companies, Flutterwave and Chipper Cash, are among those hoping to be granted these licenses.
Access Bank completes acquisition of ABC Tanzania after 12 months
Access Bank completes acquisition of African Banking Corporation of Tanzania (ABCT) Limited Access Bank plans to merge ABCT with Standard Chartered Bank Tanzania to form Access Bank Tanzania
Starting in war-torn Sudan, YC-backed Elevate now provides fintech to freelancers globally
Bloom, now Elevate, has launched its product in certain emerging markets, primarily targeting people in East and North Africa. The startup aims to help users protect their wealth by offering high-yield savings accounts and digital banking services based on the US dollar.
Sawa Energy Secures Funding to Boost Expansion in East Africa
Sawa Energy is breaking down barriers by removing initial costs and making solar power and energy-efficient solutions accessible and affordable for SMEs in East Africa. The company takes on the construction, ownership, and operation of solar systems for its clients, saving them significantly and shi
