As Africa moves into 2024 with a promising GDP growth forecast of 3.5%, up from 3.1% in 2023, the continent faces a key moment in its economic progress.
Despite global headwinds, this growth trajectory signals Africa's resilience and untapped potential. Yet…
South Africa – Blockchain Africa Conference 2024 is set to unite blockchain developers, influencers, investors, entrepreneurs, and business leaders from around the world at the CSIR International Convention Centre in Pretoria (Tshwane) on 20 November 2024.
This premier event, marking the 10th…
There are more than 200 million people relying on cross-border transfers to send money home, and more than 800 million people benefit from these transactions.
Remittance flows in low- and middle-income countries, according to the World Bank, reached US$656-billion in 2023. However, Africa continues to struggle…
The global geopolitics is undergoing a profound transformation, and the BRICS, this group of emerging powers, are at the heart of this dynamic. As economic and political tensions with the West continue to grow, more than thirty countries have expressed their desire…
It might sound like a conspiracy, but central banks are almost certainly already buying Bitcoin. Here’s why:
Hedging Against Their Own Policies
Nearly all countries are up to their ears in debt. Since austerity measures are not politically acceptable, they must find other…
Nasdaq-listed cloud mining services company Bitfufu has announced an agreement to acquire a majority stake in an 80-megawatt (MW) Bitcoin mining facility in Ethiopia. This strategic move marks a significant shift for the company as it transitions from an asset-light strategy to…
Bitget Wallet, the leading Web3 non-custodial wallet, has surpassed 40 million users, doubling its user base in just six months. The wallet also climbed to the second spot in global crypto app downloads for September, with nearly 6 million downloads in that…
Yellow Card, the leading stablecoin on/off ramp in Africa, has successfully closed a Series C financing round worth $33 million. This significant investment, led by Blockchain Capital with participation from prominent investors like Polychain Capital, Third Prime Ventures, and Block, Inc., validates…
Yellow Card secures $33 million in Series C funding to boost stablecoin services in Africa.
The company operates in 20 African countries and has processed $3 billion in transactions.
New funding will enhance Yellow Card’s API, expand services, and improve regulatory engagement.…
A report published by EMURGO Africa and PwC revealed that Web3 technologies are being adopted more widely in Africa. A separate report by EMURGO Africa emphasized that Big Tech companies actively contributed to the widespread adoption of Web3 technologies throughout the continent. …