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Nigeria moves to establish Fintech Regulatory Commission to boost innovation and consumer safety.
Nigeria’s financial technology (fintech) sector, one of Africa’s fastest-growing, is set for a new era of oversight and innovation with the proposed Nigerian Fintech Regulatory Commission Bill. The bill, recently introduced at the National Assembly, seeks to establish a comprehensive regulatory framework for fintech operations in the country while safeguarding consumers and promoting responsible innovation….
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Vet Konect’s Global Recognition Marks a New Era for African Agri-Tech Innovation.
In a significant milestone for Nigeria’s agricultural innovation sector, Vet Konect, a homegrown agri-tech start-up, has been named among the finalists for the prestigious World Food Prize 2025. The recognition places the company on the global stage as one of the leading innovators addressing food security and sustainable agriculture challenges across Africa. Founded in 2019…
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Tether Partners with Kotani Pay to Boost Crypto Adoption and Financial Inclusion Across Africa.
Tether, the world’s largest stablecoin issuer and a key player in the global crypto economy, has announced a strategic investment in Kotani Pay, a Nairobi-based blockchain payments company focused on bridging the gap between digital assets and local financial systems across Africa. The partnership marks a major milestone in advancing digital financial inclusion and cross-border…
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Powering Africa Locally: Sun King Launches Solar Manufacturing in Kenya
Global solar energy company Sun King has taken a bold step toward deepening Africa’s renewable energy independence with the launch of its first African solar manufacturing factory in Kenya. The facility, located in the Tatu City Special Economic Zone near Nairobi, marks a major milestone in localizing solar production and creating sustainable green jobs on…
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Digitizing Kenya’s Pharmacies: Building a Connected Health Network
Across Kenya, small corner pharmacies are often the first — and sometimes only — point of contact for millions seeking medical care. Yet, most of these community chemists operate in isolation, with limited access to patient data, supply chain systems, or digital tools. A new Kenyan healthtech startup is changing that, building a connected ecosystem…
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Kenya Tribunal Ruling Puts Digital Platforms Under Stricter Tax Scrutiny After Sendy’s $635,000 VAT Loss
Kenya’s logistics startup Sendy has lost a high-stakes legal battle against the Kenya Revenue Authority (KRA) over value-added tax (VAT) obligations, a decision that could reshape how digital platforms such as Uber and Bolt are taxed in the country. The Tax Appeals Tribunal (TAT) ruled that Sendy must pay KSh 98 million (approximately $635,000) in…
