Guaranty Trust Bank (GTBank) is eliminating transaction fees for Pesalink transfers under KES 1,000, effective 1st March 2026, a move aimed at boosting digital transaction volumes.

• GTBank will offer free Pesalink transactions for amounts between KES 0 – 1,000.
• The decision was announced by Jubril Adeniji, Managing Director of GTBank Kenya.
• This strategy prioritizes transaction frequency and customer engagement over short-term fee income, while other tiers will see fees of KES 5 and KES 20.

The African Development Bank Group (AfDB) has committed €6.5 million to the Saviu II fund to bolster technology startups across Africa through seed-stage and early institutional funding.

• The investment includes €4.5 million in equity and €2 million as first-loss hedging from the European Commission under the Boost Africa Programme.
• This funding will primarily target B2B tech startups, with 60% of commitments focused on French-speaking West and Central Africa.
• The Saviu II fund aims to invest between €500,000 and €3 million in approximately 20 startups.

Cassava Technologies has launched the Cassava Autonomous Network, an AI-powered solution designed to optimize mobile Radio Access Networks (RAN) across Africa.

• The system reportedly increases network efficiency by up to 75%.
• Key players include Cassava Technologies and NVIDIA.
• This AI-driven network automates tasks, reducing repair time for minor network issues from four days to approximately 35 minutes.