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FINTECH AFRICA | Egyptian Fintech Unicorn, MNT-Halan, Acquires Tam Finans, a Turkish Finance Firm with Over $300 Million Loan Book
MNT-Halan has acquired Tam Finans, a notable Turkish finance company, leveraging its recent funding to enhance its offerings. This merger aims to boost financial access, capitalizing on both Egypt and Turkey's economic potential.
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SOUTH AFRICA | Over 500,000 Crypto Users Can Now Use Bitcoin at All Pick n Pay Tills Via VALR Pay Across South Africa
VALR, the largest South African crypto exchange by trading volume, has partnered with CryptoConvert to make VALR payments available at all Pick n Pay tills throughout South Africa. This means all VALR customers will be able to use VALR Pay to spend Bitcoin for the purchase of goods and services at P
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Kenya’s Safaricom Looks to Book $36 Million Idle Loyalty Points
Safaricom has set a 3-year limit on redeeming its loyalty program, Bonga Points, due to increasing unclaimed points, now worth $36 million. Users can now redeem points for various products, including airtime and plane tickets, to enhance engagement and revenue recognition.
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Kenya’s Shamba Records Joins Google’s AI Accelerator – A Milestone for African AgriTech and Web3 Innovation
Shamba Records, a Kenyan agritech startup previously featured on BitKE for its blockchain-based supply chain and farmer data solutions, has been selected as one of 15 African startups joining the Google for Startups Accelerator: AI First 2025 cohort.

The startup is among four Kenyan
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LIST | Canza Finance Becomes the Only African Project To Be Accepted into the Inaugural CoinMarketCap Labs Accelerator Program So Far
Canza Finance has been selected for CoinMarketCap’s CMC Labs accelerator, focusing on building an on-chain FX platform for African currencies. The program connects startups with industry experts to drive innovation in emerging markets.
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INTRODUCING | Emurgo Africa Launches Emurgo Labs, its Latest Initiative Designed to Cater to Emerging Web 3 Ventures
EMURGO Africa launched EMURGO Labs to advance Web3 technologies in Africa and the MENA region. The initiative supports organizations transitioning from Web2 to Web3 through development and design services, aiming to drive digital transformation and enhance blockchain applications.
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FUNDING | South African AI-Driven Payment-as-a-Service Platform, NjiaPay, Raises Over $1 Million
NjiaPay, a payments-as-a-service platform catering to African businesses, has successfully closed an over-subscribed pre-seed funding round exceeding $1 million.
The investment was led by Cape Town based HAVAÍC, with contributions from prominent angel investors, including the founders of:
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P2P Marketplace, LocalCryptos, Shutting Down Amid Market Downturn and Regulatory Challenges
LocalCryptos, a P2P crypto trading platform, is winding down operations after five years, acknowledging challenges such as personal health, market conditions, and regulatory issues. It will phase out services gradually, ceasing account creation by November 4, 2022.
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