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South Africa moves to tighten crypto regulation after court ruling exposes legal gap.
South Africa is moving to close regulatory gaps in its crypto sector after a court ruling highlighted weaknesses in how digital assets are currently classified and supervised, adding fresh pressure on authorities to bring clearer oversight to one of Africa’s most active crypto markets. The issue stems from longstanding ambiguity around how cryptocurrencies fit into…
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Bloomberg highlights Nigerian startups driving change
Bloomberg’s Africa-focused list has spotlighted a new wave of Nigerian startups that are addressing some of the country’s most complex structural challenges, ranging from financial inclusion and logistics inefficiencies to healthcare access and energy distribution. The recognition reflects growing global attention on Nigeria’s startup ecosystem, which has become one of the most active innovation hubs…
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Bolt refutes reports of Kenya exit plans
Ride-hailing company Bolt has dismissed circulating claims that it plans to shut down its operations in Kenya, reassuring drivers, passengers, and stakeholders that it remains fully committed to the market. The clarification comes after reports and social media discussions suggested that the company was preparing to exit one of its key East African markets. Bolt,…
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Experts say digital transformation will redefine African procurement
At the Digital Procurement Africa Summit, industry leaders, policymakers, and technology experts reached a strong consensus: digitisation is no longer optional for procurement systems in Africa—it is the future. Across panel discussions and keynote presentations, speakers emphasized that digital transformation is reshaping how governments and businesses source goods, manage suppliers, and control costs. Procurement, traditionally…
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Flutterwave boosts retention with workforce promotions
African fintech giant Flutterwave has promoted 25% of its global workforce in a significant talent retention and employee development initiative, underscoring the company’s commitment to investing in its people as competition for skilled technology professionals intensifies. The promotions, which span multiple departments and regions, reflect Flutterwave’s strategy of recognizing high-performing employees while creating clear pathways…
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How African firms are bringing Bitcoin to stock market investors
A growing number of African companies are transforming the continent’s stock exchanges into new entry points for Bitcoin investment, offering investors exposure to the world’s largest cryptocurrency without directly purchasing digital assets. As Bitcoin continues to gain acceptance among institutional investors worldwide, several African-listed firms are incorporating the cryptocurrency into their treasury strategies. By holding…