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World Mobile is launching a pilot project in Mozambique using a tethered aerostat to provide internet services, collaborating with Vodacom Mozambique. The aerostat can connect up to 100,000 users, promoting rural connectivity and economic growth.

Stripe's support for stablecoins in 101 countries highlights regulatory challenges in Africa. Key markets like Nigeria and Kenya, despite high crypto adoption, are excluded due to unclear regulations, underscoring the importance of regulatory compliance for fintechs.

PayCrest, a Nigerian stablecoin startup, has raised $404,000 in a pre-seed funding round as it moves from experimentation into production-scale execution.
The round attracted participation from:
Hashed Emergent
StarkWare
LAVA
Microtraction, and
Sunny Side Venture Partners,
alongside a

Julaya, a payment solution for companies in Ivory Coast, raised $5 million to expand its services, which facilitate bulk payments for over 500 MSMEs. With a strong focus on digitizing finances, Julaya aims to grow further in West Africa.

YouTube has quietly taken a major step into crypto payments, integrating PayPal’s PYUSD stablecoin into its creator payout system – one that has distributed over $100 billion to creators in the last four years.
The update gives eligible U.S. creators an opt-in way to receive earnings without

Swypex, an Egyptian startup, launched a financial services platform for businesses after raising $4 million in seed funding from Accel and others. Designed to streamline financial management, it offers corporate cards, invoicing, and integration with existing systems.

Power, a Kenyan fintech company, raised $3 million in seed funding to expand its financial services for employees and gig workers across Africa. With a focus on improving financial health, Power offers a mobile app and digital banking solutions.

Fintech companies often deliver exceptional user experiences but are hindered by traditional financial infrastructures that are siloed, sluggish, costly, and inflexible. In contrast, decentralized finance (DeFi) offers rapid, cost-effective, and interoperable infrastructure but lacks mainstream

The Mauritius Financial Services Commission (FSC), the regulatory authority responsible for the regulation, supervision and inspection of financial services has published a consultation paper on metaverse.
According to the commission, the metaverse describes what many expect to be the next

SIMAD iLab, a tech hub established by SIMAD University in Mogadishu, has seen substantial growth in five years, supporting startups and creating jobs. Its recent upgrade enhances its role in Somali innovation, making it one of Africa's top tech hubs.

Nigerian startup Pivo has secured a $2 million seed funding to enhance its financial services for SMEs in the African supply chain sector. Founded by Amadi-Emina in 2021, Pivo aims to facilitate access to financing and improve payment management for businesses, especially in cargo transport.