With over 65% of the total capital obtained throughout the time period, East African companies emerged as the leaders in terms of finance.
In May 2023, startups in Africa marked a key milestone by raising $645 million through transactions worth at least…
cryptocurrency payment method The ramp increases on-ramp service and now accepts 40 fiat currencies.
The Bermudian Dollar, Costa Rican Colón, Hungarian Forint, Mexican Peso, Singapore Dollar, and Swiss Franc are among the 40 new currencies that Ramp adds to its platform's compatibility list.
An announcement made on June 21 stated that the expansion would make it…
Visa says this is part of its long-term commitment to promoting economic prosperity and inclusive growth on the continent and that the move follows its previous pledge to invest $1 billion in Africa's digital transformation.
The Visa Africa Fintech Accelerator program, Visa's…
To reward network node operators, the company uses the World Mobile Token ($WMT). The CEO of World Mobile revealed exclusively to BitKE that the Cardano blockchain is the foundation for the currency.
The owner of a decentralized wireless (DeWi) network, World Mobile,…
According to recent financial data, BRICS has surpassed the G7, which currently contributes 30.7% of the global GDP, as the largest group of countries in terms of gross domestic product (GDP). Brazil, Russia, India, China, and South Africa are together known as…
According to WEF, there isn't yet a consensus on how to define or categorize crypto assets. As an illustration, the EU views cryptocurrencies as "digital assets or property," whereas the UK's tax authorities views them as "exchange tokens" for use in payments.…
This is the first known instance of a case employing crypto that has been heard by the state.
A Zimbabwean bitcoin dealer named Lloyd Chiyangwa has reportedly been charged with stealing funds totaling more than $457,000 from one of his clients'…
Before the Central Bank of Nigeria implemented a controlled exchange rate in 2017, this is the first significant decline in the Naira's value since 2016.
In response to allowing the official exchange rate of the Naira to lose 36% of its value,…
According to IR4LAB, the decision to expand into Africa is driven by a dedication to the continent and the objective of fostering innovation in advanced technologies. IR4LAB aims to implement various use cases using its blockchain solution, DocCerts, along with other solutions…
According to the analysis, First Community Bank (FCB) offers the lowest loan rate among the examined commercial banks, which is 9%. The bank with the highest loan rate, however, is listed as Credit Bank, at 17.6%.
According to a recent study,…