BitKE

Safaricom has set a 3-year limit on redeeming its loyalty program, Bonga Points, due to increasing unclaimed points, now worth $36 million. Users can now redeem points for various products, including airtime and plane tickets, to enhance engagement and revenue recognition.

Shamba Records, a Kenyan agritech startup previously featured on BitKE for its blockchain-based supply chain and farmer data solutions, has been selected as one of 15 African startups joining the Google for Startups Accelerator: AI First 2025 cohort.

The startup is among four Kenyan

Canza Finance has been selected for CoinMarketCap’s CMC Labs accelerator, focusing on building an on-chain FX platform for African currencies. The program connects startups with industry experts to drive innovation in emerging markets.

EMURGO Africa launched EMURGO Labs to advance Web3 technologies in Africa and the MENA region. The initiative supports organizations transitioning from Web2 to Web3 through development and design services, aiming to drive digital transformation and enhance blockchain applications.

NjiaPay, a payments-as-a-service platform catering to African businesses, has successfully closed an over-subscribed pre-seed funding round exceeding $1 million.
The investment was led by Cape Town based HAVAÍC, with contributions from prominent angel investors, including the founders of:

LocalCryptos, a P2P crypto trading platform, is winding down operations after five years, acknowledging challenges such as personal health, market conditions, and regulatory issues. It will phase out services gradually, ceasing account creation by November 4, 2022.

South African crypto startup Momint, once a leader in the NFT marketplace, is shutting down due to unsustainable costs and fundraising challenges, despite significant milestones, including historic NFT sales and innovative partnerships.