Our first infographic highlights internet penetration rates across the continent.

SweepSouth is an on-demand home clearing services platform that operates in South Africa, Nigeria, and Kenya. SweepSouth’s $11M round of funding will allow the company to further develop and grow its infrastructure.

Stitch offers instant EFT payments and financial data APIs for African businesses. LinkPay, Stitch’s flagship product, will make the instant EFT payments service available to Zapper’s customers, tokenizing their financial accounts and enabling verified payments and payouts.

Google has selected 60 African startups for the second cohort of the Google for Startups Black Founders Fund (BFF). Healthlane is among the grantees who will receive training and awards of $50,000 to $100,000 and up to $200,000 in Google Cloud credit.

The Central Bank of Nigeria (CBN) granted Flutterwave a Switching and Processing License, widely regarded as CBN’s most valuable payments processing license. This is in addition to the company's existing Payment Solution Service Provider (PSSP) and International Money Transfer Operator (IMTO) licenses.

Sabi, a Nigerian sector-agnostic B2B marketplace for informal retailers, is tapping into South Africa’s $9 billion informal economy. In partnership with Vumele, Sabi will extend its reach and services to South Africa’s 800k+ informal retailers, including 800k+ spaza shops, spazarrettes, Kasi Kos traders.

African FinTech Flutterwave has won approval from the Bank of Tanzania (BoT) to launch its service in the East African nation.

Flutterwave said it will open offices in Dar, the largest city and financial hub of Tanzania, to drive digital payments by enabling merchants and customers to trade through its platform.

Flutterwave, a leading technology company, has partnered with Afritickets – an end-to-end event ticketing platform – to create more revenue opportunities for event organisers in Africa and improve the ticketing experience for event goers.

South African payments company Yoco has acquired Cape Town-based fintech and Web3 software development agency Nona Digital to accelerate its roadmap by bringing a team of highly-specialised fintech product and technology professionals into the Yoco team.

SafeBoda has continued to wax strong in one of Nigeria’s populous cities with over 3 million rides made by over 10,000 riders and over 100,000 passengers. On the logistics end, the Ugandan startup has completed more than 50,000 deliveries in Ibadan, Nigeria.

Cadana helps businesses delight their employees by providing modern payroll platforms that allow employees access to their earned salary on-demand, anytime, anywhere. Following this partnership, Flutterwave processes payments for employers and employees on Cadana.

FlexClub is a technology-backed start-up that allows people to subscribe for a car, as opposed to renting, leasing or owning.