Africa

World Mobile Wraps $39M Token Sale to Launch Mesh Network in Zanzibar

World Mobile is currently rolling out telecommunications equipment to establish a mesh network and bring internet connectivity to Tanzania.

News  ·  16 August 2021

How Crypto Can Help Nigeria’s Economy

From hedging hyperinflation to lowering the cost of cross-border remittances, crypto can improve financial inclusion in Africa's largest economy.

Opinion  ·  12 August 2021
Nigeria

Yele Bademosi Steps Down as CEO of Bundle Africa

Bademosi will be succeeded by Binance Africa director Emmanuel Babalola

News  ·  30 July 2021
Cardano

The Headache of ‘Crypto Colonialism’

Blockchains can’t rebuild roads or end sectarian violence, famine or natural disasters.

Opinion  ·  14 July 2021
Bitcoin

Economic Union of 15 West African States Voices Concerns Over Crypto Volatility

Several other risks in the crypto markets were identified by the union's members including shallow liquidity and a lack of legal parameters.

News  ·  8 July 2021
First Mover

Africa ‘Is Leading Global Cryptocurrency Adoption’: Paxful CEO

Paxful CEO Ray Youssef said all eyes should be on Africa right now.

Markets  ·  4 June 2021
Cardano

Ethiopian Education Minister Confirms Cardano Blockchain Partnership

Cardano builder IOHK said it is beginning to develop the code and does not expect to launch the project before 2022.

Business  ·  30 April 2021
Ethereum

The NFT Craze Is Helping Nigerian Artists Go Global

Nigerian artists are minting NFTs, but they are cautious about the hype around them.

Markets  ·  13 April 2021
DeFi

DeFi Credit Union Platform Xend Finance Goes Live in Africa First

Xend is the first DeFi protocol to launch from the African continent using the Binance Smart Chain.

Business  ·  22 March 2021
Stablecoins

Nigerians Turn to Stablecoins for Protection Against Inflation

Traditional savings groups in Nigeria are looking at dollar-pegged stablecoins as a tool to protect their savings from local inflation.

Markets  ·  15 March 2021
CoinFlash

Nigeria Is Now Rewarding Citizens for Using Licensed Money Senders, Not Crypto

The "Naira 4 Dollar Scheme" is a bid to funnel remittances through official channels. Meanwhile, peer-to-peer bitcoin remains popular.

Policy & regulation  ·  10 March 2021
CoinFlash

Jack Dorsey, Jay-Z Put 500 Bitcoin Into Trust Supporting Africa and India

"It‘ll be set up as a blind irrevocable trust, taking zero direction from us," said Dorsey.

News  ·  12 February 2021
Regulation

Nigeria’s Senate Summons Central Bank Chief to Explain Crypto Ban

The Nigerian Senate wants Central Bank Governor Godwin Emefiele and chief securities regulator Lamido Yuguda to testify about cryptocurrencies.

News  ·  11 February 2021
DeFi

Binance-Backed DeFi Credit Union Platform Secures Partners, Funding Before Launch

Xend Finance will allow credit unions and cooperatives to earn interest on deposits by converting them to stablecoins.

Business  ·  9 February 2021
Lending

Canadian Crypto Lender Ledn Raises $2.7M for Emerging Markets Expansion

After growing in Latin America, the firm wants to bring its micro-loans and stablecoin savings features to other emerging markets.

Business  ·  8 February 2021