LATEST NEWS
FUNDING | SeedStars Africa Secures $42 Million Raise to Invest…
SeedStars Africa Ventures I, a venture capital fund making early-stage investments in highly scalable start-ups in Africa, has announced the close of a $42 million raise. The…
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FUNDING | SeedStars Africa Secures $42 Million Raise to Invest in Highly Scalable Early Stage Startups -
FUNDING | African Startups Raised $180 Million in November 2024 - a 29% Decline from October 2024 -
REGULATION | African Crypto and Stablecoin On/Off-Ramp, Yellow Card, Files for Regulatory Approval in Nigeria -
CALL FOR APPLICATIONS | Binance and AltSchool Africa Partner to Empower 500 Africa Youth with Scholarships in 2025
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LAUNCH | Africa-Focussed Solana RWA Marketplace, AgriDex, Officially Launches $AGRI Token, Gets Listed on South Africa's VALR Crypto Exchange
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MILESTONE | Bitcoin Surpasses the $100,000 Mark for the First Time in History
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REGULATION | SEC Nigeria Warns Public Against Trading on Unregistered Crypto Exchange, Marino FX -
FUNDING | Ivory Coast Startup, HUB2, Raises $8.5 Million in Series A Round to Simplify Mobile, Card, Bank, and Crypto Payments in Africa -
BRICS | Trump Threatens 100% Tariffs on BRICS De-Dollarization Efforts -
REGULATION | Nigeria Court Freezes Bank Accounts Linked to a ~$28,700 Crypto Mining Fraud -
REGULATION | INTERPOL Snubs Over 1,000 Cyber-Criminals Across 19 African Countries - Stolen Funds Funneled into Digital Asset Institutions
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MILESTONE | Africa-Focussed ID Solutions Provider, SmileID, Exceeds 200 Million Verification Checks, Doubling From 100 Million in Just 11 Months -
MILESTONE | Bitcoin ETFs Set a New Monthly Inflows Record in November 2024 - Now Account for Almost 6% of Total BTC Supply -
Kenya's VunaPay Emerges Victorious at Latitude59 Pitch Competition
BITCOIN
OPPORTUNITIES
Binance, a global leader and Africa’s leading crypto exchange, has announced a partnership with...
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...
SeedStars Africa Ventures I, a venture capital fund making early-stage investments in highly scalable...
Venture funding in Africa experienced a decline in November 2024, with 32 startups across the continent...
Pan African exchange, Yellow Card, is seeking regulatory approval from Nigeria’s Securities and Exchange...
Binance, a global leader and Africa’s leading crypto exchange, has announced a partnership with...
Solana-based real-world assets (RWA) marketplace, AgriDex, has announced the launch of $AGRI token. With...
Bitcoin finally crossed $100,000 in early December 5 2024 reaching an important milestone as the world’s...
Nigeria’s SEC has issued a warning against cryptocurrency exchange, Marino FX Ltd, saying the company...
Ivory Coast fintech, HUB2, has raised $8.5 million in a series A funding round led by pan-African early-stage...
The U.S. President-elect Donald Trump strongly cautioned the BRICS alliance urging its member states...
REPORTS
Venture funding in Africa experienced a decline in November 2024, with 32 startups across the continent...
Diaspora remittances to Kenya reached $437.2 million ( KES 56.2 billion) in October 2024, the largest...
There were 73 private market deals recorded across the continent in Q3 2024, including 39 deals with...
As of 2022, Nigeria boasted approximately 3,360 startups, the highest number in Africa, with Lagos alone...
To date, three jurisdictions have launched a nation-wide CBDC: The Bahamas Jamaica, and Nigeria while...
There have never been more monthly active crypto addresses, says the latest ‘State of Crypto’...
Startups in the Middle East and North Africa region raised $134 million across 56 deals in October 2024,...
The number fintech companies in Africa has nearly tripled since 2020, significantly improving access...
African crypto communities on Telegram have grown by 189% since early 2023, according to a recent October...
CB Insights, a global startup performance analytics firm, has unveiled its list of the 100 most promising...
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...
ETHEREUM
Being chosen as a legal scholar for DevCon by the Ethereum Foundation was a profound honor. This unique...
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...
In a blog post by CEO, Lanre Adelowo, FluidCoins, a startup focusing on APIs to enable businesses support...
Forex trading, with its vast daily trading volume and 24/5 availability, offers tremendous opportunities...
FarCaster is a decentralized social platform running on Ethereum. It enables users to create profiles,...
FINTECH
Kuda Bank has reported a $14,214,681 loss for 2021, latest reports have reavealed. The report also shows...
Johannesburg has been ranked the top fintech destination in Africa in the latest Global Fintech City...
Egyptian startup, Swypex, has unveiled the rollout of its comprehensive financial services platform for...
Egyptian fintech startup, MNT Halan, has achieved unicorn status after attracting $400 million in the...
The 4th Annual Lecture on Financial Inclusion organized by FSD Kenya featured the reknowned and well...
Umba, a digital bank, has raised $15 million in its Series A round of funding almost two years since...
The penetration of financial technologies in Nigeria stands at only 35%, with this proportion of the...
Africa retains the potential to surpass the leading fintech regions if startups on the continent embrace...
REGULATION
SeedStars Africa Ventures I, a venture capital fund making early-stage investments in highly scalable...
Pan African exchange, Yellow Card, is seeking regulatory approval from Nigeria’s Securities and Exchange...
Nigeria’s SEC has issued a warning against cryptocurrency exchange, Marino FX Ltd, saying the company...
The Federal High Court in Abuja has issued a freezing order on five bank accounts linked to the alleged...
Global policing organization, INTERPOL, has announced the arrest of 1,006 suspects of cybercrime in...
Aza Finance has received a payment services provider (PSSP) license from the Central Bank of Nigeria...
The National Bank of Rwanda (which is the Central Bank of Rwanda) has agreed with the Capital Markets...
Taxpayers in eight Ethiopian cities have been granted a three-month deadline to integrate QR (quick response)...
Morocco is on the way to adopting a draft law on cryptocurrencies, the Central Bank Governor, Abdellatif...
Being chosen as a legal scholar for DevCon by the Ethereum Foundation was a profound honor. This unique...
Yellow Card, a leading provider of stablecoin-based infrastructure in Africa, has been granted a Category...
Nigeria’s Economic and Financial Crimes Commission (EFCC) has secured a conviction against local...
BANKING
Diaspora remittances to Kenya reached $437.2 million ( KES 56.2 billion) in October 2024, the largest...
BANKING | South Africa to Develop Public Payments System to Replace Cash, Says Reserve Bank Governor
The South Africa Reserve Bank (SARB) has begun a process to transition into a cashless society, which...
Ethiopia’s national financial switch operator, EthSwitch, says that the value of interoperable...
To date, three jurisdictions have launched a nation-wide CBDC: The Bahamas Jamaica, and Nigeria while...
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)
Ivory Coast fintech, HUB2, has raised $8.5 million in a series A funding round led by pan-African early-stage...
The Bank of Ghana (BoG) says it has completed its Central Bank Digital Currency (CBDC) pilot project...
To date, three jurisdictions have launched a nation-wide CBDC: The Bahamas Jamaica, and Nigeria while...
The Bank of Ghana (BoG) has won the prestigious ‘Innovation in Digital Currency Design for Financial...
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...
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