Africa Archives - Page 10 of 20 - Cryptotimes Africa

Women in Africa: Samara Asset Donates $10,000 To Support BTC Education

by 'Femi Michael September 8, 2023

In a commendable move to advance financial literacy and inclusion, Samara Asset Group has donated $10,000 in bitcoin to Bitcoin DADA, per a press release sent to Bitcoin Magazine. This Kenya-based non-profit initiative is steadfastly working towards empowering African women through extensive…

News

According to the most recent McKinsey report, 12 African cities will have populations over 10 million by 2040.

by Ridwan Ridwan September 7, 2023

According to a new report from Mckinsey, the world's top global consultant business, 31 African cities will have more than five million residents by 2040. According to the estimate, nearly 500 million people are expected to move to urban areas in Africa…

News

Kenyan cryptocurrency on-ramp Kotani Pay completes a $2 million funding round.

by Ridwan Ridwan September 6, 2023

A $2 million pre-seed fundraising round headed by P1 Ventures has been completed by Kotani Pay, which provides crypto on-off ramps in numerous African nations. There were several more investors who took part in the round, including: P1 Ventures DCG/Luno and Flori…

Coins Industry

Crypto-savvy Countries In The World, two Africa countries emerge

by 'Femi Michael September 6, 2023

Cryptocurrencies have transcended their niche status and now captivate the world's attention. Two African countries were on the list of the most crypto-savvy countries in the world However, the use of cryptocurrency remains a contentious issue in numerous markets across the region.…

Bitcoin Coins

$2M secures by Kotani Pay for Pre-Seed Funding of Cross-Border Crypto Remittances in Africa

by 'Femi Michael September 5, 2023

Kotani Pay, a Nairobi-based crypto payments startup, secures $2 million pre-seed funding to facilitate cross-border remittances for underserved populations in Africa. The startup leverages blockchain and stablecoins to address high transfer fees and limited banking access. Nairobi-based crypto payments startup Kotani Pay…

News

VALR Pay Now Allows Over 500,000 Crypto Users to Use Bitcoin at All Pick n Pay Tills in South Africa.

by Ridwan Ridwan September 5, 2023

By trading volume, VALR is the largest cryptocurrency exchange in South Africa. Through a partnership with CryptoConvert, VALR payments are now accepted at all Pick & Pay checkouts nationwide. This indicates that all VALR users will be able to utilise VALR Pay…

News

Nigeria Tops Global Crypto Data With 99% Awareness: ConsenSys Report

by Crypto Oracle September 4, 2023

A recent survey shows Nigeria as the most crypto-savvy nation ahead of the United States and European countries. According to a new report from YouGov and ConsenSys, Nigeria’s crypto awareness stands at 99% as the country leads in digital asset knowledge and perceived investment…

News

After U.S. cryptocurrency exchange Kraken suspends deposits in South Africa, arbitrage premiums increase.

by Ridwan Ridwan September 4, 2023

Due to the banking partner of the exchange's decision to add South Africa to a blacklist for anti-money laundering, Kraken, a U.S. cryptocurrency exchange, has ceased taking deposits from South Africans. Consequently, the cryptocurrency arbitrage premium, which varied between 0.7% and 1.5%…

News

According to a government organisation on WorldCoin, cryptocurrencies and blockchains present monetary risks to the Kenyan economy.

by Ridwan Ridwan September 4, 2023

The Kenyan National Assembly has been informed that the WorldCoin cryptocurrency may have significant effects on the monetary policy and power of the Kenyan government. The National Computer and Cybercrimes Coordination Committee (NCCCC) Director of the nation, James Kimuyu, reportedly made the…

News

Nigeria’s Central Bank Declares a Debt to JP Morgan and Goldman Sachs of $7.5 Billion.

by Ridwan Ridwan September 2, 2023

According to the Central Bank of Nigeria's (CBN) consolidated financial accounts, which were released for the first time in seven years due to an ongoing inquiry, the CBN owes JP Morgan and Goldman Sachs $7.5 billion. The bank also reported that it…