Africa is making significant strides in the world of digital assets, with Kenya, Vodafone, and Ghana all taking pioneering steps.
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Kenya Partners with Bitcoin Miner: Kenya has announced a strategic partnership with Marathon Digital to develop cryptocurrency policies and address…
A significant partnership has formed between Huawei Cloud, a global leader in cloud computing, and EMURGO, a founding entity of the Cardano blockchain.
EMURGO made a formal announcement on April 11th, revealing its new partnership with Huawei. The alliance aims to accelerate the development…
Canza Finance has launched Baki, a new stablecoin platform based on African fiat currencies, in what is described as an initial move to bring forex trading to emerging markets. Baki, built on Avalanche, a popular L2 network, is an infinite-liquidity forex protocol…
Kenya and Namibia have been added to the Financial Action Task Force's (FATF) "grey list" of nations that need closer scrutiny because of insufficient steps taken to prevent money laundering and the funding of terrorism.
Kenya and Namibia were added by the…
Partech Africa II reached its final closing at €280M ($300M+) with all major investors from its predecessor fund as well as top tier investors making their first commitment into the African VC ecosystem and the Partech Africa platform, following a strong first…
Nigeria's Naira was the third worst-performing currency in the world in 2023, according to a Bloomberg report.
The Naira's poor performance is shared by the Lebanese pound and the Argentine peso among the 151 currencies that Bloomberg monitors. Three days remained in…
Africa is warming up to regulated crypto, with Sponge’s compliance-focused relaunch attracting attention.
In the wake of crypto’s legal victories and the subsequent surge in trading volume, Africa’s growing inclination towards globally regulated cryptocurrencies is becoming more apparent, with Kenya, Nigeria and South…
The BRICS alliance, expanding with new members like Egypt, the UAE, and Saudi Arabia, sees its currency as a global alternative to the US dollar, with countries from Africa, Asia, Latin America, and Europe interested in reducing reliance on the US dollar.…
Worldcoin, the multinational cryptocurrency and digital ID firm, is set to resume its operations in Kenya next year following reported successful negotiations with the East African country’s government.
Per a report by Citizen Digital, the firm, whose activities were banned in the country in August over…
On Dec. 8 and 9, the University of Zimbabwe in partnership with the South Africa-based Mzansi Web3 Hub, held the learning institution’s inaugural blockchain hackathon. Taurayi Rupere, the chairman of the institution’s computer science department, said the hackathon’s goal is to produce…