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In today's edition of #TCDaily: - PalmPay gets compliance licence- Safaricom to introduce phone numbers for minors- Modus launches $45 million Africa-focused fund- Orange rolls out 5G service in Botswana

In today's edition, ARCON regulates Nigerian comedians, money laundering charges loom over Binance, Cairo Angels rebrand to Acasia Group.

Kenya President William Ruto said that preliminary work is ongoing to establish a startup fund to give startups in the country the opportunity to scale.

In today’s TC Daily, two businesses crowdfund R6milion in 6 weeks, Orange launches a digital centre in Guinea and PS5 consoles get Disney+ in South Africa.

The Central Bank of Nigeria is on course to limit all cash withdrawals by individuals and organisations at N100,000 and N500,000, respectively, every week.

In today's TC Daily, we discuss Nigeria's plan to tax crypto, Ex-Jumia CEO's $8 million raise for his new startup Kapu, and Aruwa Capital's $20 million fund.

The Nigeria Startup Act team has fingered the National Startup Investment Fund as a fraudulent programme seeking to steal financial data from Nigerians.

Nigeria's INEC airlifted 176,846 voter accreditation machines. MTN won a $4 billion lawsuit. South Africa begins regulation of crypto exchanges.

Kenya-based energy leasing company, Solarise Africa, has raised $33.4 million. The Facility for Energy Inclusion led the round with $21.4 million while Oikocredit and Lion’s Head’s AfricaGoGreen Fund also participated in the round. More in #TCDaily.

Duba-and-Egypt-based mobility company Swvl has closed down its Pakistan offices. After three years of operation in the country, Swvl has driven away.