BitKE

Kwik Pik is a decentralized delivery app using Hedera DLT to connect local drivers and users, improving package delivery efficiency and reliability. It tracks deliveries securely, manages carbon emissions, and utilizes a stablecoin for transactions.

PayStack, the Nigerian fintech acquired by Stripe in 2020 for $200 million, is reportedly laying off 33 workers in Europe and the United Arab Emirates (UAE).

Flutterwave, led by CEO Olugbenga Agboola, is expanding its reach across Africa and the U.S. by acquiring licenses to enhance its payment solutions. The focus shifts to enterprise offerings, generating 90% of revenue, aiming to become Africa's leading payment infrastructure.

EtherMail is a Web3 email solution providing anonymous, encrypted wallet-to-wallet communication. It allows companies to send real-time content to asset holders, offers secure P2P communication, and rewards users. Following MailChimp's exit from supporting blockchain firms, EtherMail is expanding to address communication risks in the sector while ensuring security through blockchain technology.

Old Mutual Wealth will manage ZARP's cash reserves, enhancing trust in the only fully audited Rand-pegged stablecoin. Established in 1845, Old Mutual supports various financial solutions and aims to innovate through blockchain technology.

Capitec Bank has announced it will block customers from sending funds to crypto exchanges to protect against fraud, urging the use of its Capitec Pay instead. This decision has drawn criticism from the crypto community due to higher costs and restrictive measures.

Kenyan banks recorded currency losses totaling KES 57 billion ($438.3 million) in the financial year ending December 31 2024, due to the strengthening of the Kenyan shilling (KES) against the U.S dollar and the currencies of neighboring countries where they operate.
The Kenyan shilling (KES)

The Central Bank of Nigeria and ANAACOP have launched the ‘Agro eNaira Wallet Engagement’ to enroll five million farmers in northern states for cashless funding through eNaira. The initiative aims to streamline loan access and increase digital wallet usage among farmers.

Core DAO is excited to introduce the African Innovation Fund, a groundbreaking initiative to provide resources and networks to support local Web3 builders and projects across the African continent. This new fund is set to foster innovation, sustainability, accessibility and growth within the African