BitKE

The Central African Republic's Sango blockchain initiative has expanded to include the tokenization of land and natural resources, promoting business growth through a new law facilitating online business visa acquisition and streamlined licensing for various sectors.

Nigerian fintech, BFREE, has raised $2.95 million, in a round led by Capria Ventures, as it looks to scale across its markets across the continent.
BFREE is defined as a tech-enabled debt collection startup established to automate and introduce ethical debt recovery procedures. The founders were

Union54, a Zambian fintech startup, is launching ChitChat, a super-app in collaboration with MasterCard, after overcoming a chargeback fraud incident. ChitChat will enable secure messaging, money transfers, and online purchases.

Artur Schaback, former CTO of Paxful, pleaded guilty to federal conspiracy charges for neglecting anti-money laundering measures, facilitating user trades without valid IDs, and misrepresenting the platform's compliance policies. He faces up to five years in prison.

Chipper Cash has expanded its fintech services to Rwanda, aiming to enhance financial inclusion through a mobile app facilitating cross-border transactions and global payments. This expansion seeks to empower Rwandans with easy access to financial services, supporting economic growth. Future offerings include a virtual card and tools for SMEs.

Four traders on Polymarket profited $663,000 by betting on a ceasefire between the US and Iran, raising speculation of insider trading due to the timing of their bets before the official announcement.

Thirty startups have been chosen as finalists in the 2025 Latitude59 Kenya Pitch Competition from 222 applications. These startups will receive training before the final live pitch in Nairobi from December 3-5, 2025.

MTN's MoMo and JUMO have launched QwikLoan, a service offering low-interest, short-term loans to South African consumers. Accessible via the MoMo app or USSD, it aims to foster financial inclusion and support entrepreneurs.

Grassroots Economics is transitioning its Sarafu Network to the Celo blockchain to enhance its community inclusion currency model in Africa. The move promises improved user experience, migration support, and continued free access, all while maintaining alignment with humanitarian values.

The CMA of Kenya highlights that many crypto startups create solutions for non-existent problems, hindering their growth. They also face challenges in classification and regulation due to novelty and cross-border issues, but the regulatory sandbox offers a testing ground for innovative ideas.

The Acting Governor of Nigeria's Central Bank announced plans to enhance eNaira adoption through new features like NFC support and improved programmability. Despite reaching 13 million eWallets since its 2021 launch, usage remains low, with the IMF urging better integration with mobile money systems to boost efficiency and attract investment.