Kenya’s crypto bill moves forward amid market uncertainty
Kenya’s crypto bill moves forward as the National Assembly approved the Virtual Asset Service Providers (VASP) Bill at the committee stage on Thursday. The draft law now heads to a third reading before being sent to President William Ruto for assent. The bill marks Kenya’s most decisive step yet in regulating digital
Tesh Mbaabu and Mesongo Sibuti unveil Cloud9 as their next venture
Tesh Mbaabu and Mesongo Sibuti, who stepped down from Kenyan social commerce platform Chpter, are launching Cloud9, a digital bank they say will provide a modern financial experience for young Africans. In a Wednesday blog post announcing the venture, Mbaabu described Cloud9 as “a movement” that seeks to reimagine banking as
Chpter co-founders Tesh Mbaabu and Mesongo Sibuti step down
Kenyan social commerce platform Chpter co-founders, Tesh Mbaabu and Mesongo Sibuti step down from day-to-day operations effective September 15, 2025, according to an internal email sent to the Chpter team and investors seen by TechCabal. The move hands back control to the original co-founder, Mark Kiarie, who resumes the role of
80 Business Ideas For Beginner Entrepreneurs in Africa This Year
Starting a business can feel overwhelming, especially for beginner entrepreneurs who don’t know where to start. In Africa, however, the opportunities are endless. With over 1.4 billion people, rapidly growing economies, an expanding middle class, and increasing internet penetration, Africa is becoming a fertile ground for innovative businesses. If you’re
Mastercard Foundation names Sewit Ahderom as next CEO
Mastercard Foundation names Sewit Adherom as its next President and CEO. She will assume the role on January 1, 2026, succeeding Reeta Roy, who has led the organisation for nearly two decades. Her appointment will continue Mastercard Foundation’s Africa-first agenda and signal a change towards more tech-powered solutions to jobs, skills, and
How to Hire and Train a Winning Sales Team
Imagine launching a great product, pouring money into marketing, and attracting interested leads—only to lose them at the final stage because your sales team can’t close. This is the reality for many businesses. A strong sales team is not just about making calls or sending emails—it’s the engine that fuels
Why Kenya wants to cut M-PESA, Airtel Money transaction fees
The Central Bank of Kenya (CBK) plans to slash the cost of sending money via M-Pesa and Airtel Money, arguing that high fees are choking innovation and limiting the next phase of financial inclusion in one of the world’s most advanced mobile money markets. The regulator plans to cap P2P
SheFoundry Ltd. Taps Growth, Partnership, and Strategic Advisors in Preparation for the AWFS 2025
The African Women Founders Summit (AWFS) 2025 is set to ignite the continent’s entrepreneurial scene with a powerful mix of strategic leadership and collaborative energy, joined by expert advisors and renowned partners across industries and parastatals. The powerhouse event, organised by SheFoundry Limited, Nigeria’s leading venture studio for female founders
Today Africa Weekly: Tech news recap | September 22 – 28, 2025
Some weeks in the African tech ecosystem feel like a soap opera, other weeks feel like a boardroom thriller. This one? Let’s just say it had a bit of both — billion-dollar power plays on one side, founders chasing cheques on the other, and enough policy drama to keep investors
How to Use Market Research to Test Your Business Idea
Every entrepreneur starts with an idea. Maybe it’s a product you’ve always wanted but could never find. Maybe it’s a service you believe solves a real problem. But before you pour time, money, and energy into launching, one crucial question stands in your way: How do you know if your
