BitKE

Zimbabwe's monthly inflation has risen sharply since the introduction of the ZiG currency in April 2024, driven by increased food prices. The ZiG depreciated against the U.S. dollar, and despite its recent stability, food shortages and upcoming droughts threaten further inflation.

SAVVY MINING has raised $500 million to enhance its decentralized governance solutions. Founded in 2017 and regulated in the UK, it provides cloud mining services and public offering technologies, making cryptocurrency mining accessible without heavy investments.

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.

Cleva, a Nigerian fintech startup, successfully secured $1.5 million in pre-seed funding in early 2024 to enhance international payments infrastructure across Africa.
As reported by BitKE back then, the startup had facilitated payments exceeding $1 million monthly for thousands of users within the

TLcom Capital successfully closed its Tide Africa II early-stage fund with $154 million, enhancing its position as Africa's largest Seed and Series A investor. The fund aims to support innovative solutions addressing critical challenges in the continent's sectors, with initial investments planned for South Africa and Egypt.

MTN's Ayoba app has achieved 20 million monthly active users in December 2022, doubling its user base from the previous year. The app offers messaging, voice and video calls, and over 100 content channels, emphasizing local content. Ayoba aims for 100 million users by 2025.

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

Bitsgap has evolved since 2017 into a leading trading platform with over 600,000 users across 15 exchanges, facilitating billions in trading volume and generating over $400 million in user profits, catering to all trader levels.