Cryptocurrency adoption in Africa has been gaining momentum, with an increasing number of individuals, businesses, and governments recognizing the potential benefits of digital money. As the continent faces various economic challenges, cryptocurrencies offer a promising alternative that can revolutionize financial systems, foster…
Binance Nigeria Limited is hereby directed to immediately stop soliciting Nigerian investors in any form whatsoever,” stated the Securities and Exchange Commission (SEC) on Friday. The statement added that the company was not registered or regulated, rendering its operations in the country,…
Listing the best African cryptocurrency projects has not been so difficult, though. The startups that we listed have shown potential in the first months of existence to diversify the use of blockchain and a high number of users in a short time.…
Women in DeFi Community, a prominent organization dedicated to empowering women in the decentralized finance (DeFi) space, is set to host an exciting web3-themed event titled "Codes, Charts, and Cocktail."
The event, themed "Navigating the Blockchain Realm: Opportunities & Challenges,"…
Africa trails behind with just 3% of the world's developer talent, whereas the United States and Europe account for about 60% of all blockchain developers globally.
Despite an almost 70% drop in cryptocurrency prices, the number of monthly active Web3 developers climbed…
Cryptocurrency has emerged as a revolutionary form of digital currency that has captured the attention of investors worldwide. With its potential for high returns and decentralized nature, cryptocurrencies like Bitcoin, Ethereum, and others have become a popular investment option. However, navigating the…
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…
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…
Decentralized wireless (DeWi) network operator World Mobile said on June 8 it has completed field tests of its DeWi technology in Kenya, Mozambique and Nigeria, bringing it closer to a full rollout across the African continent.
World Mobile, which aims to offer…
Web3 Clubs, an initiative focused on championing Web3 developer education in Africa, has kicked off its second cohort in March 2023. The cohort seeks to train about 50 developers on how to build decentralized applications (dApps) on the Ethereum blockchain, and install…