BitKE

EziPay and MFS Africa have partnered to enhance remittance accessibility and interoperability for mobile wallets and bank accounts across Africa, benefiting businesses and individuals through expanded digital payment services.

SourceFin, a South African fintech company, has raised $8.2 million in funding from Futuregrowth Asset Management to boost investment in small and medium enterprises, aiming to deploy over $54 million by February 2025.

To date, three jurisdictions have launched a nation-wide CBDC:
The Bahamas
Jamaica, and
Nigeria
while others including:
Eastern Caribbean Currency Union (ECCU)
Ghana
China, and
India
are conducting pilots.
Among the countries that have already launched CBDCs or are conducting

Telegram plans to integrate TonCoin as a payment tool for its new advertising strategy, allowing channel owners to earn 50% of ad revenue starting March 2024. This move aims to enhance monetization for channel owners using the TON blockchain.

Union54, a Zambian fintech startup, is launching ChitChat, a super-app in collaboration with MasterCard, after overcoming a chargeback fraud incident. ChitChat will enable secure messaging, money transfers, and online purchases.

Olliv by CoinFlip, a company from Chicago, United States, has expanded to South Africa after installing 9 cryptocurrency kiosks across KwaZulu-Natal and Gauteng provinces while offering its over-the-counter digital order desk service in the region.
According to local reports, the company

Buchi Okoro, CEO of Quidax, urged global crypto stakeholders to collaborate with local innovators to unlock Africa's decentralized economy potential. Highlighting crypto's transformative role, he emphasized partnerships as crucial for growth amid rising adoption and innovation in the region.

54 Collective, formerly Founders Factory Africa, has transformed into a full-fledged VC firm focusing on early-stage tech ventures across Africa. With a commitment to invest up to $500,000, the firm aims to tackle challenges like currency devaluation and unfavorable regulations, seeking to boost local investments and support 105 startups in five years.

Ian Balina, a prominent crypto investor, shared insights during his Kenya event about the bear market, ICO token metrics, and his journey from a $200 investment to full-time blockchain involvement.

Paystack has received an operating license from the Central Bank of Kenya to offer payment services to Kenyan businesses. Already active in Nigeria, Ghana, and South Africa, Paystack supports various payment channels and has notable clients, enhancing online commerce in Africa.