[May 10, 2023 3:48 PM] The blockchain and Web3 hub will serve as a center for knowledge exchange and collaboration between technology firms and government entities in Africa.
[May 9, 2023 11:30 PM] Nigerian human rights activist and lawyer, Femi Falana, has accused the International Monetary Fund (IMF) and the World Bank (WB) of sabotaging the currency swap arrangement between China and Nigeria. Falana said the Nigerian central bank and the…
[May 9, 2023 8:51 AM] Those already using stablecoins and lightning transactions are not affected, but for many in Africa, higher bitcoin fees are a problem.
[May 7, 2023 4:30 PM] The Nigerian payments startup, Nomba, is reported to have raised $30 million via a pre-Series B that was led by Base10 Partners. The new solution is expected to help the startup operate more efficiently and deliver “excellent customer…
[May 6, 2023 1:30 AM] Fedi, the U.S.-based fintech which is led by the Nigerian bitcoin advocate Obi Nwosu, said on May 3 that it recently raised $17 million in a Series A funding round. The company said it will use the funds to help it launch what it called the…
[May 5, 2023 3:30 AM] The Nigerian Federal government said on May 3 it had passed what it called the “national blockchain policy.” The Nigerian minister of communications and digital economy, Isa Pantami, said the new policy is a product of consultations…
[May 4, 2023 7:41 PM] A bill introduced in Kenya could see a tax added to cryptocurrency and NFT transfers and has been met with a mixed reaction online.
[May 4, 2023 6:20 PM] Kenya's Finance Ministry, the National Treasury, has proposed a 3% tax on the transfer of digital assets for the coming budget year.
[Apr 30, 2023 6:00 AM] Just a year after making bitcoin legal tender, the Central African Republic (CAR) abandoned its plans to revitalize its country. Why? This is an opinion editorial by Jonathan Buck, founder of JB & GS Mining GmbH, a German bitcoin mining hosting…
[Apr 30, 2023 4:00 AM] The Reserve Bank of Zimbabwe (RBZ) has said it will start issuing gold-backed digital tokens on May 8. The first phase of the launch will see the digital tokens being issued for “investment purposes with a vesting period of 180 days.”…
[Apr 29, 2023 4:00 AM] According to regulations published by the country’s treasury secretary, global crypto exchanges used by Kenya’s estimated 4 million users will start paying a 1.5% tax on revenues earned. Tax-Avoiding Digital Asset Platforms The Kenyan…
[Apr 25, 2023 5:30 AM] A Judge of a High Court in Uganda recently dismissed an application which sought to quash a Bank of Uganda directive that barred licensed entities and individuals from facilitating crypto transactions. In his ruling, Justice Musa Ssekaana insisted…
[Apr 25, 2023 12:30 AM] The governor of the Zimbabwean central bank, John Mangudya, recently revealed that his institution is planning to introduce a gold-backed digital currency. According to the governor, the soon-to-be-introduced gold-backed digital currency is…
[Apr 23, 2023 11:54 AM] The Reserve Bank of Zimbabwe plans to introduce a gold-backed digital currency as legal tender in a bid to stabilize its local currency.
[Apr 20, 2023 2:30 PM] Nigerian crypto exchange Roqqu received the green light to operate in South Africa, providing on and off-ramps to South Africa's Rand currency.
[Apr 18, 2023 7:52 AM] Africa witnessed a 429% YoY increase in venture funding in 2022, with the majority of funding coming from Seychelles and South Africa.
[Apr 18, 2023 6:00 AM] Podcaster and non-profit educator Anita Posch discusses her mission to travel the world and bring Bitcoin to those who need it most. As an American who grew up in the South, I am ashamed of the lack of financial knowledge I had as a young adult…
[Apr 18, 2023 5:30 AM] Zambia is set to complete real-life crypto usage simulations by the end of June, Felix Mutati, the country’s science and technology minister has said. The Zambian minister said his country is seeking a balance between innovation and consumer…
[Apr 17, 2023 6:13 AM] For most people, crypto custody comes down to the choice of holding their own keys or giving them to an exchange. Fedi offers an intriguing third way – to share the burden with trusted family and friends. That’s why Fedi is one of CoinDesk’s…
[Apr 17, 2023 6:10 AM] Bitcoin mining has a dirty reputation for using more energy than some small countries. But African cryptominers have found a way to use their consumption to keep the lights on in rural communities. That’s why Gridless is one of CoinDesk’s Projects…
[Apr 17, 2023 6:10 AM] Bitcoin maximalist Kgothatso Ngako has brought global digital financial services to Kenya, South Africa and other countries where at least half of the population doesn’t have smartphones and reliable internet service. That’s why Machankura is a…
[Apr 16, 2023 3:30 AM] Nigerian economic experts have said the country’s five-year-old currency swap agreement with China has not eased the pressure against the Nigerian currency. According to one expert, implementation of the swap arrangement is being held back by…
[Apr 15, 2023 2:30 AM] African users of the bitcoin gaming and payments app Zebedee will now be rewarded in the form of satoshis when they play games or when they listen to podcasts. In addition to being able to convert their rewards into local currencies, African users…
[Apr 14, 2023 9:30 PM] The Nigerian crypto and Web3 startup Lazerpay announced on April 13 that it will cease operations. Co-founder and CEO Njoku Emmanuel said the decision to cease operations was made after Lazerpay failed to successfully close a funding round. The CEO…
[Apr 13, 2023 5:14 AM] DeFi-based financial inclusion serves to increase liquidity and earning opportunities for African micro-entrepreneurs through Fonbnk’s partnership with Tanda.
[Apr 12, 2023 8:38 PM] According to Zambia Tech Minister Felix Mutati, the country needs digital identities and other necessary digital infrastructures before it introduces crypto.
[Apr 12, 2023 5:33 AM] The Bitcoin gaming economy gets a boost from Zebedee’s expansion into Africa, complementing its Brazil and Philippines operations.
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