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Autochek, the automotive technology company making car ownership more accessible and affordable across Africa, has announced the acquisition of CoinAfrique, the leading platform for classified ads in French-speaking Africa, to accelerate penetration of its auto financing services in Senegal, Côte d’Ivoire and other French-speaking African countries.

Xend Finance, a leading Decentralized Finance (DeFi) platform in Africa, has announced it has crossed 100, 000 users on its savings platform. At the same time, it has announced the opening of the platform to savings in local currencies in:

BNPL startups in Nigeria are gambling millions of venture dollars on solving a problem of weak ID verification and scant consumer credit records. When Fu’ad Lawal wanted to buy a new computer last year, he didn’t want to wait until he had enough cash to buy it outright.

Telkom has partnered Buy-Now-Pay-Later company, Lipa Later, to offer Kenyans a product financing solution that will make it easier to purchase smart mobile devices.

Crypto exchange Binance has partnered with Khaby Lame, the most-followed creator on TikTok, to increase awareness of Web3. The influencer will act as a global brand ambassador for the exchange, helping debunk myths surrounding the crypto and blockchain space.

The Moroccan central bank is presently working on a cryptocurrency regulation framework bill and according to the bank’s governor, Abdellatif Jouahri, this is set to be introduced soon. The regulatory framework being worked on will result in Morocco’s money laundering and anti-terrorism financing regulations being upgraded.

Nomanini, a fast-growing fintech platform in Africa, has announced the launch of a new supply chain finance solution called StockNow that connects FMCGs and financial service providers to serve Africa’s informal retailers at scale.

The Central Bank of Nigeria has granted an Approval In Principle to Abeg Technologies Limited, a product of Piggytech Global Limited, as a Mobile Money Operator (MMO) in Nigeria.

Futuregrowth Asset Management Ltd., a South African fixed-income money manager with 193 billion rand ($11.9 billion) of assets, is raising a fund to invest in startups with a strong developmental impact.

The rise of eSports is now strongly on the radar for many educational administrators at both high school and university levels.

Southbridge A&I, Salient Advisory and SCIDaR have partnered to launch i3, a US$7 million programme that will provide 30 African e-health startups with funding and support each year.