Africapitalism
Africapitalism Tech

Why Africa is Becoming a Hotspot for Tech Innovation

Africa’s technological scene has evolved dramatically, transforming the continent into a burgeoning hub for innovation. From mobile payment solutions to cutting-edge agritech, African entrepreneurs are leveraging technology to tackle some of the continent’s pressing challenges, while positioning the region as a focal point for global tech investment. But what factors are driving this surge in […]

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Africapitalism Business

2022 seems to be Botswana’s year

Botswana has edged out Kenya in the list of top global innovators as more African countries punch above their weight to come up with ideas and technologies that increase productivity and output. Botswana is now the continent’s fifth most innovative country and ranked among sixteen African countries that improved their global innovation positions, fuelled by […]

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Africapitalism Economy

A new dawn in Kenya, Money lenders have three days to comply with directives.

Kenya is going all out to regulate its digital economy, and enforcement is not taking a backseat there. Last year, the east-African country laid out regulatory blueprints for both the payments and digital lending industries. At first, it seemed like business as usual: African regulators saying how things should be but never following through on ensuring them. […]

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Africapitalism

Kenya’s Central Bank says Flutterwave and Chipper Cash not licensed to operate in Kenya

The Central Bank of Kenya (CBK) has said that African Fintech unicorns Flutterwave and Chipper Cash, are not licensed to operate remittances or payment services in the country. This news was disclosed Thursday by the CBK Governor Patrick Njoroge, at a press conference following a meeting of the East African nation’s apex bank’s Monetary Policy […]

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