Novastar Ventures closes $147 million third fund to drive pan-African ambitions
Novastar Ventures closed its third fund, NVIII, securing $147 million for climate-focused startups. The fund received commitments from Japanese investors including SBI Holdings and SMBC.
littlefish raises $9.5 million to scale its merchant operating system across Africa
Littlefish raised $9.5 million in Series A funding to scale its operations. The startup focuses on building financial infrastructure for small businesses in Africa.
Botswana launches 12-month startup programme tied to $150m climate fund
The Scalar Botswana Innovation Program (SBIP) was launched on March 10, 2026, in Gabrone, Botswana. SBIP aims to support 10 climate and digital technology startups with a $150 million decarbonisation investment fund.
Fintechs expanding between Kenya and Rwanda may soon need one licence
Kenya and Rwanda signed a memorandum of understanding to develop a licence passporting framework for payment service providers. The framework will allow fintechs licensed in one country to operate in the other without seeking new regulatory approval.
Ghana’s Securities and Exchange Commission Releases Updated Sandbox Guidelines for Blockchain and Crypto Companies
Ghana's SEC released updated regulatory sandbox guidelines on March 9, 2026. The guidelines create a more structured pathway for fintech firms to test capital market products.
