TechStream

Technology news around the ecosystem!

From Lagos to Nairobi

We give you summaries of happenings around tech, from developer stand-ups to the boardrooms.

  • How Betaling Turned a Student FX Crunch in Kenya Into a Cross-Border Payments Business.

    Betaling began as a workaround to a problem Nigerian students in Kenya couldn’t ignore: moving money across borders was slow, expensive, and often unreliable. Bank transfers took days, sometimes weeks. Access to foreign exchange was limited. And because most African currencies don’t trade directly, payments were routed through the US dollar—adding layers of fees and…

  • Gate and Flutterwave enable African fiat payments in NGN, XAF, KES, and ZAR

    Global payments infrastructure continues to expand across Africa as Gate, a digital asset and trading platform, partners with Flutterwave to enable dual-sided African fiat payment support across multiple currencies, including the Nigerian naira (NGN), Central African CFA franc (XAF), Kenyan shilling (KES), and South African rand (ZAR). The collaboration is designed to simplify cross-border transactions…

  • Evolution obtains a US MSB license to expand global financial services

    Evolution, a financial technology company focused on cross-border payments and digital financial infrastructure, has announced that it has secured a US Federal Money Services Business (MSB) license, marking a significant milestone in its expansion strategy aimed at serving global citizens through compliant and scalable financial services. The license, issued under US regulatory frameworks governing financial…

  • World Bank recognizes Nigerian EdTech as a top innovation in Africa

    The World Bank has recognized a Nigerian education technology initiative as one of the leading EdTech solutions in Africa, highlighting the country’s growing influence in digital learning innovation and its potential to transform access to quality education across the continent.The endorsement comes as part of broader efforts by the World Bank to support scalable and…

  • South Africa tightens crypto regulation under new draft rules

    South Africa is preparing for a potential shift in its digital asset landscape as new draft rules emerge that could significantly reshape how cryptocurrencies are regulated, traded, and supervised in the country. The proposed framework reflects growing pressure on regulators to bring clarity to an industry that has expanded rapidly in recent years, while also…

  • Kenya accelerates crypto oversight as Central Bank of Kenya prepares new compliance hires

    Kenya’s push to regulate its fast-growing cryptocurrency sector is entering a critical phase, as the Central Bank of Kenya (CBK) ramps up hiring for specialised crypto compliance roles ahead of the rollout of new rules. The move signals a shift from cautious observation to active oversight in one of Africa’s most dynamic digital finance markets.…