Paga advances RWA tokenization in Africa
The Africa B2B Tech Report, Africa-Middle East B2B tech news & insights for 1 July 2026.
Welcome to issue 62 of the Africa B2B Tech Report Daily. We bring you a daily digest of the news that matters to The Business of African Tech.
The Africa B2B Tech Report is published by BigFive Digital, an African tech media and events firm that produces the annual BigFive Summit in Cape Town. The report is produced and edited by Charles Laughlin, BigFive Digital’s Co-founder &Chief Content Officer. Charles is a globally experienced tech journalist, podcaster, & conference producer.
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Here are some stories that matter to The Business of African Tech.
Paga anchors Africa’s shift into tokenized real-world assets
Asset tokenization—the process of converting traditional instruments like real estate or fixed income into digital blockchain tokens—is reshaping global fintech.
By lowering minimum investment thresholds and injecting liquidity into rigid markets, the tokenized Real-World Asset (RWA) sector has grown into a multi-trillion-dollar movement.
Now, African fintech Paga is helping to bring this momentum to the continent.
Through an infrastructure partnership with blockchain startup TBook, Paga will allow its users to invest in tokenized assets natively secured on the Sui Layer-1 blockchain.
The partnership targets retail accessibility with a $100 minimum entry point, allowing users to hedge against local currency volatility using high-yield, USD-denominated accounts and stablecoin products.
The integration is powered by Paga Engine, the company’s payments infrastructure arm that processes roughly $1.5 billion in monthly transaction volume.
Notably, these tokenized yields won’t just live on Paga’s consumer app; they will be available as embeddable, plug-and-play features for the 300+ external businesses building on Paga’s rails.
By turning idle consumer balances into accessible, yield-bearing opportunities, what Paga and TBook are doing is a good example of what decentralized financial inclusion could look like on the continent.
Accelerator cohorts surpass $350 million milestone
Google for Startups Accelerator Africa has announced a major milestone, with its alumni collectively raising more than $350 million in funding and creating more than 3,700 jobs. The equity-free initiative recently graduated 15 AI-driven ventures from its tenth cohort, highlighting deep-tech innovation across fintech, agritech, and healthtech.
Entrepreneurs in Africa
Tencent backs Kenyan climate-tech innovators
Kenyan climate technology startups Octavia Carbon, Cella Mineral Storage, and Flux have been selected for Tencent’s $30 million CarbonX 2.0 global initiative. Chosen from 660 global applications, the trio will receive catalytic funding and commercialization resources to pilot and scale breakthrough carbon dioxide removal technologies locally.
Arab Founders
Protests grind South African E-commerce logistics to a halt
Nationwide anti-migrant protests in South Africa have severely disrupted the country’s R14 billion online grocery and delivery ecosystem. Major platforms including Uber Eats and Checkers Sixty60 saw services grind to a halt as safety fears kept delivery riders—who are predominantly foreign nationals—off the roads, exposing a critical structural vulnerability in the region’s on-demand logistics labor force.
TechCabal
Edtech Craydel marks 8th African market with Ghana entry
Kenyan edtech startup Craydel has expanded into Ghana, marking its eighth African market and fifth launch since late 2024. The platform leverages an AI-powered matchmaking tool to help students search, compare, and apply to over 600 higher education institutions globally, targeting West Africa’s booming outbound student market.