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African identity verification startup, Smile Identity, says it has hit the 60-million identity check mark, a number which equates to doing ID checks on about 4% of the entire population of Africa.
Smile Identity, which has integrations to more ID databases than any other KYC

Flutterwave now enables businesses in Nigeria to accept payments in eNaira, the country's CBDC, enhancing transaction options. With over $16 billion processed, Flutterwave supports multiple payment methods, including QR code, token, and direct debit for eNaira transactions.

Many Nigerians are dissatisfied with the newly redesigned banknotes, perceiving them as merely a color change rather than a significant redesign. Critics doubt their effectiveness in addressing counterfeiting and economic issues.

The Nigeria Police Force has arrested Wilfred Bonse for allegedly laundering funds stolen from Patricia Technologies, involving over 200 million Naira in a complex fraud case. The company, facing backlash since May 2023, is working to refund affected users.

Did you know that approximately 600 million Africans (43%) do not have access to electricity and neither are they likely to get access due to the high cost of access?
The solution?
The only way to electrify the small communities and villages across Africa is with minigrids powered by renewables

Canon USA is launching Cadabra, an online marketplace for photography NFTs, connecting creators and collectors. The platform will accept various payment methods and offer prints of digital art. More details are expected later in 2023.

Safaricom's M-PESA launched in Ethiopia has quickly gained 3.1 million customers and over 26,400 agents. The platform facilitates various financial services and is now interoperable with multiple banks, despite facing economic challenges.

Південноафриканський фінтех Scale залучив 700 000 доларів США на передпосівне фінансування для покращення своєї платформи оркестрації випуску карт. Співзасновниці Барбара Вулламс і Міранда Перумал прагнуть спростити процес випуску карт для бізнесу в Африці, орієнтуючись на зростаючий фінтех-ринок.