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Nigerian stablecoin-focused fintech OneDosh has raised $3 million in pre-seed funding to build out its cross-border payment infrastructure. Operating in both the U.S. and Nigeria, the platform enables rapid transfers, stablecoin storage, and payments via Apple Pay and Google Pay-compatible cards. The capital will fuel expansion into new payment corridors and the growth of its engineering teams.
Last week, Central Bank of Congo (BCC) Governor André Wameso met with GSMA representatives to discuss potential partnerships to expand connectivity nationwide. Talks focused on digitalisation, financial inclusion and infrastructure, key priorities in the BCC’s drive to modernise the financial sector.
Following a court order declaring its data collection illegal, the crypto project Worldcoin has purged all biometric data gathered in Kenya. Regulators confirmed that iris scans and other personal identifiers have been destroyed, ending a protracted legal dispute that underscores the clash between tech innovation and data privacy.
Chipper Cash is officially operating in the black. The African payments specialist reported that it covered all operating expenses in Q4 2025, successfully halting its cash burn after two years of restructuring. By doubling down on key markets like Nigeria and Uganda and leveraging the success of its dollar-denominated cards, Chipper Cash is now signaling that its business model is built to last.
eYouth, the Egyptian edtech company, has entered the Iraqi market through a partnership with Al-Majal Group. Together, they are launching Iraq’s first Arabic digital learning platform, designed to boost employability through career-focused training and international-standard certifications for young professionals and graduates.
The Aurora Tech Award has announced the 30 finalists for its 2026 edition, highlighting an all-female cohort of startup founders. Selected from 3,400 applicants across 127 countries, these entrepreneurs represent the surge of female-led innovation in technology. Spanning sectors from AI and fintech to healthtech and edtech, the finalists will receive strategic and financial support ahead of the global awards ceremony later this year.
Israeli IT services firm Commit has acquired Savannah, a startup that recruits senior developers across Africa. Founded in 2022, Savannah has placed more than 100 engineers at global companies. The deal, worth several million dollars, marks Commit’s entry into Africa’s fast-growing tech talent market, as traditional outsourcing costs rise.
Kenyan digital lender MyCredit has raised $3 million in debt funding from an international microfinance institution. The round brings the company’s total funding raised to $13.6 million. The funds will be used to scale lending for SMEs, private schools, and individual entrepreneurs. Noblestride Capital advised on the deal. MyCredit said it aims to expand access to credit for underbanked borrowers in Kenya.
The Ministry of Post and Telecommunications has launched the Insat online portal to receive complaints, inquiries and suggestions from the public about postal and telecom services. The platform offers a simple, secure and transparent way to submit and track requests, with faster processing times.
Nigeria’s Metro Africa Xpress (MAX) has secured $24 million in debt and equity to bolster its electric vehicle (EV) financing across West and Central Africa. This fresh capital will support fleet expansion, the rollout of battery-swapping stations, and the company's regional growth.
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Nigerian fintech Cardtonic has raised $2.1 million to scale Pil, a standalone expense management platform tailored for African startups and SMEs. Designed as a comprehensive financial operating system, Pil will offer virtual dollar cards, multi-currency funding, and real-time expense tracking, marking Cardtonic’s strategic shift from consumer services to the B2B market.
Nigerian fintech Paycrest announced a $404,000 funding round on Tuesday to build out its decentralized settlement layer. By linking stablecoins with fiat in emerging markets, Paycrest is making cross-border payments faster and more compliant. Having already undergone real-world testing, the platform offers a resilient payment infrastructure designed specifically to navigate local constraints.
Egypt’s MoneyHash has teamed up with Spare to bring Pay-by-Bank options to UAE merchants. By reducing costs and accelerating settlements, the collaboration promises a more seamless checkout experience. The move is a key step in MoneyHash’s mission to scale open banking and modernize the Middle East’s payment landscape.
Egyptian startup Oasys Health has raised $4.6 million to enhance its AI-powered mental healthcare platform. The company plans to use the funds to automate clinical tasks, integrate data from wearable devices, and offer personalized patient monitoring. This investment will also support its expansion across partner clinics and universities.