According to a Wamda research, in June 2023, startups in the MENA area secured a total of $35.6 million through 45 transactions, which added up to $1.6 billion in total funding for the first half of 2023.
Saudi Arabia took the top…
According to a local newspaper, the Reserve Bank of Zimbabwe (RBZ) has started a dry-run to evaluate the practicality of issuing a digital currency backed by gold.
In order to maintain value in the nation's economy, this effort aims to create a…
Among the objectives of the bill is to transfer power of registration of prospectuses to the CMA, including provisions for virtual and digital assets as well as tokenisation and regulatory sandboxes.
If a private member bill that seeks to give Uganda's Capital…
Egypt-based financial company Masroofi has been successful in raising $1.5 million from unnamed investors.
With the help of this funding, the business will be able to offer digital payment options to more kids, focusing on those between the ages of 5 and…
Flutterwave Turns its Attention to Rwanda Despite Persistent Problems in Kenya, the East African Hub
As it looks to develop a central hub for payment operations in the East Africa region, Flutterwave is shifting its focus to Rwanda, according to sources.
Oluwabankole Falade, the Chief Regulatory and Government Relations Officer of Flutterwave, reportedly stated the company's commitment…
All bitcoin exchanges doing business in South Africa will need licenses by the end of 2023, according to the country's financial regulatory body.
The commissioner of the Financial Sector Conduct Authority (FSCA), Unathi Kamlana, stated that since the organization's recent launch, about…
Introduction:
In recent years, Non-Fungible Tokens (NFTs) have surged in popularity and captured the attention of the world. From digital art and collectibles to virtual real estate and beyond, NFTs have revolutionized the way we perceive and exchange value in the digital…
After a rocky start, the Ghana Stock Exchange (GSE) ended the first half of the year on a positive note as investors continued to find comfort in stocks, driving its market capitalization to an all-time high (ATH) of GH70.24 billion.
Monday, July…
Food inflation in Nigeria increased by 1.13% year over year to 24.19%, with important products including beef, tomato, and rice seeing the biggest increases.
The National Bureau of Statistics recently produced a report titled "Selected Food Price Watch" for May 2023, which…
The BRICS group of rising economies has received official expressions of interest from Ethiopia, according to its ministry of foreign affairs.
Meles Alem, a spokesman for the foreign ministry, stated that "we have applied for membership and we expect BRICS to give…