LATEST NEWS
WATCH | ‘There Are Crypto Exchanges Already Paying Taxes’ –…
BitKE caught up with Nickson Omondi, Manager at the Digital Economy Tax Office at the Kenya Revenue Authority (KRA) to talk about the recent developments in crypto…
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WATCH | 'There Are Crypto Exchanges Already Paying Taxes' - A Chat with the Digital Economy Tax Office, Kenya Revenue Authority (KRA) -
REGULATION | Kenya Set to Procure a Realtime Tax System to Track, Record Crypto Transactions on Exchanges, Marketplaces -
Dreamworlds Revolutionizes Global Workforce with AI-Powered Outsourcing Platform -
NORTH AFRICA | MENA Startups See a 234% MoM Growth in Funding in September 2024, Egypt Comes 3rd -
REPORT | What CBDC Systems Like the e-Naira Have Over Payment Systems Like MTN's MoMo and M-PESA -
INTRODUCING | VISA Launches Platform for Banks to Tokenize Fiat-Backed Tokens
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MILESTONE | Egyptian BNPL Fintech, Fawry, Disburses Over 1 Billion Egyptian Pounds and Crosses 10 Million Downloads One Year After Launch -
Virtual Crypto Cards for USD Transactions in Africa -
BITCOIN | Samara Asset Group Plans €30 Million Nordic Bond to Expand LP Stakes and Boost Bitcoin Holdings -
FUNDING | Ugandan Agent Banking Fintech, ABC, Secures Investment After Crossing 20,000 Enrolled Agents -
PARTNERSHIPS | South African Web3 Gaming Publisher, Carry1st, Expands to Offer Music Streaming Payments with AudioMack for its African Customers -
TAXATION | Kenya to Designate All Digital Payment TouchPoints as Virtual Tax Receipts Increasing Tax Payers by Over 10x -
LIST | Cairo, Egypt Leads Africa in the Number of Individuals with Atleast $100 Million in Liquid Assets
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REPORT | Nearly $2 Billion Lost to Crypto Hackers in 2024, $750 Million in Q3 Alone
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....
BitKE caught up with Nickson Omondi, Manager at the Digital Economy Tax Office at the Kenya Revenue Authority...
The Kenya Revenue Authority (KRA) is set to introduce a new real-time tax system that will integrate...
Dreamworlds, a pioneering Web 3.0 work outsourcing platform, is empowering developing countries through...
Startups in the Middle East and North Africa (mena) region raised $282 million in September 2024. This...
The International Monetary Fund (IMF) has released an October 2024 paper examining the possible options...
VISA has announced the launch of the VISA Tokenized Asset Platform ( VTAP), a new product designed to...
Egyptian fintech, Fawry, has announced that its Buy Now, Pay Later (BNPL) business has surpassed EGP...
Residents of many African countries often face significant challenges when attempting to pay for goods...
REPORTS
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...
A new research paper released in August 2024 has provided the first comprehensive evaluation of the early...
The Democratic Republic of Congo (DRC) is now the most profitable market for subsidiaries of Kenyan banks...
Nigeria’s economic growth accelerated in the second quoarter of 2024 (Q2 2024), driven by a rise...
A staggering 97% of memecoins have died, underscoring the precarious nature of these investments according...
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....
Emtech, the software solutions company targeting central banks, has raised $4 million seed investment...
WorldCoin’s parent organization, Tools for Humanity, put in $4.8 million in Kenya to go towards...
mKey app by FinServe After taking a leap into the future with its official launch two weeks ago, Finserve...
FINTECH
Nigerian crypto startup, Bitmama, has raised $1.65 million in a pre-seed extension round, to add to the...
In a blog post, PayPal said it will now support the native transfer of cryptocurrencies between PayPal...
Waya, a cross-border, cross-network remittance and payment solution in Ghana, has partnered with Ripple...
Africa retains the potential to surpass the leading fintech regions if startups on the continent embrace...
BitKE is proud to be a media sponsor of the 2022 Africa Tech Summit, which will be held in Nairobi, Kenya...
As the fintech industry continues to gain traction in Africa, Cameroon is emerging as a hub for innovative...
Duplo, a Nigerian fintech offering payments solutions to businesses across the continent, has raised...
REGULATION
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...
Kenyan wealth-tech startup, Ndovu, has officially launched its new Money Market Fund (MMF), called the...
The Central Bank of Nigeria says it will begin collecting a 0.005% levy on all electronic transactions...
The Nigerian Federal Government wants to mandate all fees collected at its ports of entry to be in Naira...
Kenyan financial institutions, including fintechs, are now expected to begin effecting the Common Reporting...
Binance, the largest cryptocurrency exchange in the world, will not be applying for a license to operate...
The Nigeria Securities Exchange Commission (SEC Nigeria) Chief says the authority will be taking action...
Kwame Oppong, Head of Fintech and Innovation at the Bank of Ghana (BoG), has announced that the central...
The South Africa Revenue Service (SARS) is now issuing tax notices to crypto traders. According to officers...
In a landmark move to support financial technology innovation, the Bank of Tanzania has officially launched...
BANKING
VISA has announced the launch of the VISA Tokenized Asset Platform ( VTAP), a new product designed to...
The Bank of Tanzania is exploring the use of artificial intelligence to forecast inflation and enhance...
Kenyan financial institutions, including fintechs, are now expected to begin effecting the Common Reporting...
The Bank of South Sudan (BoSS), which is the Central Bank of South Sudan, has announced that cash withdrawals...
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
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...
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...
CENTRAL BANK DIGITAL CURRENCIES (CBDCs)
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...
CBDC | National Bank of Rwanda (BNR) Seeks Public Views on a CBDC Ahead of Possible Proof-of-Concept
The National Bank of Rwanda has released a questionnaire seeking views from the public about a Central...
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