LATEST NEWS
REGULATION | Tanzania to Withdraw Bank Notes Printed Between 1985…
The Bank of Tanzania is withdrawing some old bank notes introduced between 1985 and 2010 from circulation, the bank said in a recent circular. The bank asks…
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REGULATION | Tanzania to Withdraw Bank Notes Printed Between 1985 and 2010 from Circulation
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BANKING | South Africa's Leading Retail Bank, Capitec Bank, Restricts Customers From Sending Funds to Crypto Exchanges
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LIST | Here Are the 3 African Nations Added to the FATF Grey List While Senegal Gets Removed
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REPORT | Binance Sheds 13% Spot Trading Market Share in Last 12 Months, Says New Report
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INFLATION | Zimbabwe Inflation Rises to 37.2% in One Month Following ZiG Currency Devaluation
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REGULATION | 2 Crypto Firms Forced to Surrender ~$100,000 as Nigeria Cracks Whip on Unlicensed Operators
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BRICS | The BRICS 2024 Summit Resolves to Establish of an Alternative International Payment System Based on National Currencies
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REGULATION | Nigerian Crypto Company Fined and Forfeits ~$85,000 for Exchanging USDT/Naira Without License
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LIST | Here Are 6 African Countries Where Banks and Crypto Wallets Are Getting Targeted by the Grandoreiro Trojan Malware
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POLITICS | Why the Nigerian Government Likely Released Binance Officer, Tigran Gambaryan
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REGULATION | Nigeria Government Withdraws ML Case Against Binance Officer But Company Tax Evasion Charges Remain
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FUNDING | African Startups Raise Over $600 Million in Q3 2024, Best Quarter of the Year So Far
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HOW TO | How to Use Request.Finance for Crypto Payroll Processing
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REGULATION | World Economic Forum (WEF) Recommends Sandboxes in Risk-Averse Approach to Support DeFi Innovations
OPPORTUNITIES
Bloomberg is thrilled to announce the launch of the inaugural Africa Startups to Watch List. Two decades...
Timbuktoo’s Greentech Hub has issued a callout for African entrepreneurs with a business solution...
Base blockchain is currently running a hackathon dubbed ‘Based Africa,’ for Africans building...
T-Vencubator, a leading venture capital firm and incubator in Egypt, has launched its inaugural investment...
Web3 startup accelerator, CV Labs, has announced the launch of applications for Batch 07 of its program....
The Bank of Tanzania is withdrawing some old bank notes introduced between 1985 and 2010 from circulation,...
In a recent announcement, South Africa’s largest retail bank by customers, Capitec Bank said it...
Financial crimes watchdog, the Financial Action Task Force (FATF), has announced that Senegal has been...
Binance, the world’s largest exchange, has shed a significant portion of its market share in the...
Zimbabwe’s inflation rose to 37.2% from 5.8% a month earlier, the Zimbabwe National Statistics...
Two crypto companies are the latest victims of Nigeria’s new crypto regulation regime. According...
Following a summit held on October 23-23 2024 in the Russian city of Kazan, BRICS members issued a joint...
A court in Nigerian capital city, Abuja, has convicted Official Gredo Limited, a local crypto dealing...
REPORTS
Binance, the world’s largest exchange, has shed a significant portion of its market share in the...
As a follow-up to its maiden Wimbart Investor Communications Report, Wimbart, a PR agency focused on...
According to a new report by Galaxy Digital, venture capital investment in crypto startups declined to...
Daily unique active wallets (UAWs) in the blockchain ecosystem surged to an all-time high of 17.2 million...
The International Monetary Fund (IMF) has released an October 2024 paper examining the possible options...
There are currently 29,350 individuals worldwide with liquid investable assets of $100 million or more,...
Hackers managed to get away with $750 million across 155 incidents in Q3 2024, bringing the year’s...
The Middle East & North Africa (MENA) region has emerged as the seventh-largest crypto market globally...
Stablecoins now account for approximately 43% of the total cryptocurrency transaction volume in sub-Saharan...
Diaspora remittances by Kenyans hit $427.2 million in August 2024, the highest monthly value sent by...
Mauritius has been ranked highest among African countries Global Innovation Index (GII) 2024 by the World...
A recent World Bank report has declared South Africa the most unequal country globally, with race playing...
The number of crypto millionaires worldwide has increased to 172,300 individuals, while the number of...
The upcoming decade is poised to be the digital era for Sub-Saharan Africa. According to a new 2024...
The global Islamic halal economy is expected to reach a market value of $7.7 trillion by 2025 boosted...
Accessing cryptocurrency remains the primary use case for stablecoins in emerging markets, accounting...
Nigeria was the only African country that made it to the top 20 in Chainalysis’ latest 2024 Crypto...
The Central Bank of Egypt (CBE) has announced a notable turn-around with a net profit of Egyptian Pounds...
Startups in Africa announced $56 million in funding in August 2024, down from $443 million in July 2024...
ETHEREUM
U.S-traded spot Ethereum (ETH) exchange-traded funds (ETFs) saw about $476 million in outflows during...
In a recent social media post, Vitalik Buterin and the Ethereum Foundation spokesperson, Josh Stark,...
Coinbase’s Ethereum layer-2 network, Base, has reached a new milestone with over 1 million daily active...
Bitcoin and Ether ETFs recorded nearly $6 billion in trading volume amid the global market turmoil on...
The “I’m Too Smart to Fall for That” Syndrome So, you think you’re the Sherlock...
This week, we’re celebrating Ethereum’s 9th birthday – that’s right, our favorite blockchain...
The nine United States Ether Exchange-Traded Funds (ETFs) saw about $1.08 billion in cumulative trading...
ETH Exchange Traded Funds are set to launch on July 23 2024 after U.S. regulators gave their final approval...
Think about it for a sec, A blockchain is just a large single database that is not owned by anyone but...
If you’re a regular user of applications on the Ethereum blockchain, chances are you’ve come across MetaMask....
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Xago, a South African XRP-only exchange, has announced the launch of its stable coin, XUS, which is pegged...
[PRESS RELEASE] [VIDEO DEMO] How to buy #Bitcoin on @yellowcardio using Botswana Pula. Video by @JoshVazzz:...
Modus, a venture platform operating in the Middle East and North Africa (MENA), has announced the launch...
FINTECH
Nigerian fintech startup, TeamApt, is relaunching its Moniepoint product as a business bank in a bid...
Flutterwave CEO, Agboola Olubenga, has arrived in Kenya to spearhead efforts to free up his company’s...
Kippa, a financial management and payments platform for Nigerian SMEs, has announced it has raised...
Payd, a fintech startup that provides a payment platform catering to freelancers and creatives, was one...
Egyptian fintech startup, Paymob, has raised a $50 million in Series B funding round to help it launch...
In a blog post by CEO, Lanre Adelowo, FluidCoins, a startup focusing on APIs to enable businesses support...
92% of the financial institutions in Kenya have adopted or developed an online banking solution (mobile...
REGULATION
The Bank of Tanzania is withdrawing some old bank notes introduced between 1985 and 2010 from circulation,...
Financial crimes watchdog, the Financial Action Task Force (FATF), has announced that Senegal has been...
Two crypto companies are the latest victims of Nigeria’s new crypto regulation regime. According...
A court in Nigerian capital city, Abuja, has convicted Official Gredo Limited, a local crypto dealing...
The Nigerian Federal government has withdrawn a money laundering case against Binance executive, Tigran...
According to the World Economic Forum (WEF), policymakers and regulators worldwide should conduct decentralized...
A newly proposed bill in Nigeria will mandate that individuals involved in banking, insurance, stockbroking,...
In a new press release, the South Africa Revenue Service (SARS) says it will be stepping up measures...
The Central Bank of Kenya (CBK) says it has authorized JPMorgan Chase Bank, the largest bank in the world,...
The Kenya Revenue Authority (KRA) is set to introduce a new real-time tax system that will integrate...
According to local reports, the Kenyan government has announced a new policy that will designate all...
The Bank of Tanzania (BoT) has published new requirements aimed at safeguarding borrowers from abusive...
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BANKING
The Bank of Tanzania is withdrawing some old bank notes introduced between 1985 and 2010 from circulation,...
In a recent announcement, South Africa’s largest retail bank by customers, Capitec Bank said it...
Kudzai Dominic Chiwenga, an Associate Professor at the University of Zimbabwe, has discussed currency...
According to the South Africa Reserve Bank (SARB) Digital Payments Roadmap, nearly half of South African...
Neil Leon De Waal, a South African associate of the controversial investment scheme GS Partners, was...
The Mauritius Financial Services Commission (FSC), the regulatory authority responsible for the regulation,...
Proof of attendance protocol, often shortened to POAPs, function as digital badges you can collect at...
Meta, the parent company of Facebook, Instagram, and WhatsApp, has started a slow rollout that allows...
A new survey conducted by IPSOS for the World Economic Forum (WEF) finds that half of adults across 29...
The term, metaverse, can trace its roots back 3 decades ago to a sci-fi novel by Neal Stephenson called...
FRANCOPHONE AFRICA
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EDUCATION
Long before we used paper money, people used many different objects as money. One of the defining characteristics...
Bitcoin’s mining difficulty has surged to its highest level ever, occurring just over a week before...
Bitcoin exchange-traded funds (ETFs) on Wall Street experienced five consecutive days of net outflows...
The Human Rights Foundation (HRF) has allocated a total of $500,000 across 14 diverse projects worldwide,...
Every four years, the amount of Bitcoin rewarded to cryptocurrency miners is halved in a process aptly...
In a new analysis, crypto asset management firm, GrayScale, says that Bitcoin’s technical fundamentals...
Open interest in Bitcoin surged to $31 billion on March 4 2024 surpassing the previous record of $24.3...
A Bitcoin address is a string of alphanumeric characters that represents a destination for Bitcoin transactions....
The Bitcoin Lightning Network has seen growing adoption since its inception in 2018, accumulating a total...
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DAOs
Core DAO is excited to introduce the African Innovation Fund, a groundbreaking initiative to provide...
Celo has finally unveiled a regional DAO which is expected to drive adoption of the blockchain in grassroots...
The South Africa Reserve Bank (SARB) will be exploring multiple use cases involving a wholesale CBDC...
The Kamusi DAO Project is an initiative which aims to create a Kiswahili Web3 dictionary that represents...
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CENTRAL BANK DIGITAL CURRENCIES (CBDCs)
The Central Bank of the Kingdom of Eswatini has released a design paper detailing its potential central...
The International Monetary Fund (IMF) has released an October 2024 paper examining the possible options...
The Central Bank of Nigeria (CBN) has pledged more measures to jumpstart the low adoption of its digital...
A new research paper released in August 2024 has provided the first comprehensive evaluation of the early...
Project mBridge, the multi-central bank digital currency arrangement that connects different jurisdictions...
According to a post by the National Bank of Ethiopia, the country’s Council of Ministers has approved...
Rwanda is aiming to launch its own national Central Bank Digital Currency (CBDC) within the next two...
The Bank of Ghana (BOG) and the Monetary Authority of Singapore (MAS) have successfully completed a proof-of-concept...
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