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CV Labs partners with Polygon to connect African startups to its ecosystem, aiming to enhance blockchain development on the continent. They intend to support businesses, engage with governments, and promote entrepreneurship while leveraging blockchain for transparency and efficiency.

Flutterwave has obtained an Enhanced Payment Service Provider license from the Bank of Ghana, enabling it to offer diverse payment services in the country. This expansion taps into Ghana's growing digital payments market, enhancing payment processes for businesses and promoting economic growth.

Egyptian social commerce startup Taager has raised $6.75 million in a pre-Series B funding round, led by Norrsken22, to enhance its operations and expand in the MENA region, empowering over 45,000 merchants with integrated e-commerce solutions.

Ethiopia launched its National Digital Payment Strategy and the EthioPay system to enhance digital finance and facilitate trade under the AfCFTA. This initiative aims to boost financial inclusion and reduce barriers for underserved groups.

The compliant Nigerian Naira stablecoin, cNGN, is now live on licensed exchanges. Launched in February 2025, it is Africa’s first regulated stablecoin, ensuring trade efficiency and interoperability while adhering to Nigerian SEC regulations.

Emtech, a software solutions company for central banks, raised $4 million in seed funding to enhance its CBDC and regtech solutions, boosting total investment to $10 million. The company collaborates with six central banks and offers innovative digital currency tools and regulatory platforms.

Starting January 29, 2024, Google will allow ads for U.S. 'Cryptocurrency Coin Trusts,' defined as investment products holding digital currency reserves. These trusts must register with the SEC and undergo certification.

LemFi, a London-based financial services platform tailored for immigrants, has secured $53 million in new funding which will support its expansion plans.
The Series B funding round was led by Highland Europe, a London-based growth-stage investment firm that supports startups generating over €10 mil

Solana Labs has launched the 'Solana Incubator' program to support Web3 and blockchain projects with fundraising, development, and marketing on its platform. Open for applications until November 30, 2023, the initiative aims to remove barriers for founding teams and facilitate connections with venture capitalists.

Oze, a Ghanaian fintech, has secured funding from VISA and DEG to scale its Lending Management System, enhancing digital lending for small businesses. The platform helps MSMEs manage finances while offering banks tools for automated lending.