Helios Investment Partners has invested $102 million in India's M2P Fintech, a leading BaaS provider. This funding will support M2P's expansion in Africa, where it aims to enhance financial services and capture a growing market.

The Internet Corporation for Assigned Names and Numbers (ICANN) has launched a global Grant Programme granting innovators across Kenya and the world access to a $10 million fund.

New York–listed Super Group, through its South African subsidiary, Super Money, has launched ZAR Supercoin, a digital rand stablecoin backed 1:1 with fiat reserves and redeemable instantly.
Super Group is widely known as the owner of the Betway online gambling platform.
According to Super Money

A total of 16 African startups are part of 200 startups that will be showcasing their products at the TechCrunch 2023 Startup Battlefield, described as an invitation-only cohort of game-changing early-stage startups.
Out of the 16, two of the startups are leveraging blockchain as the technology

In Nigeria’s fast-evolving digital financial landscape, mobile banking apps have become essential tools for enhancing customer experience, expanding access, and deepening financial inclusion.
These applications empower users to conduct a wide range of banking transactions — from transferring

Old Mutual Wealth and Inves Capital are collaborating to enhance liquidity for the ZARP Stablecoin, a South African Rand-linked cryptocurrency. This initiative aims to support decentralized finance and expand the use of stablecoins in emerging markets.

The UNICEF StartUp Lab is a six-month accelerator in Ghana for startups focused on the Sustainable Development Goals benefiting children and youth. It offers mentorship, funding, and expertise, targeting operational businesses that use technology for social impact.

Ripple has partnered with Chipper Cash to improve cross-border payments in Africa using crypto. This collaboration aims to enhance transaction speed, reduce costs, and promote financial inclusion for 5 million users across several countries.

The Central Bank of Nigeria has launched its regulatory sandbox to foster innovation in financial services. It invites submissions from licensed financial institutions and non-regulated tech companies to test novel financial solutions under regulatory oversight, aiming to enhance accessibility and efficiency in the sector.

AlphaBloq Technologies Limited has been admitted to Kenya's Capital Markets Authority Regulatory Sandbox to test its blockchain-enabled real estate tokenization platform for 12 months, aiming to promote affordable real estate investment.