The Central African Republic has voted to make bitcoin legal tender. This makes it the first country in Africa to do so and the second globally, behind El Salvador. The Central African Republic has ac...
Tag: African
Bitcoin Is A Legal Tender by Law in Central African Republic
Despite strong volatility and price correction this year in 2022, Bitcoin (BTC) continues to see increasing global adoption. As per the latest reports, the Central African Republic becomes the second ...
South African University to Issue Blockchain-Based Certificates to Graduating Students – Blockchain Bitcoin News
A South African university has said starting this year it will issue blockchain-based certificates to students graduating from the learning institution. University administrators argued that a blockch...
Standard Chartered Plans to Exit 5 African Markets
British multinational banking and financial services provider, Standard Chartered recently announced that it is planning to exit 7 markets in Africa and the Middle East region. The markets include 5 c...
Three African Countries Plan to Adopt Cryptocurrency and Blockchain Solutions – Bitcoin News
Three African countries — namely Cameroon, the Democratic Republic of Congo (DRC), and the Republic of Congo — are reportedly planning to adopt cryptocurrency and blockchain solutions powered by The O...
Russia proposes cross-border cryptocurrency settlement with African nations
The Russian President of the Chamber of Commerce and Industry Sergei Katyrin has proposed a new cross-border cryptocurrency settlement for import-export payments, with the intention of boosting relati...
Climate Activists Renew Pressure On ‘Devastating’ East African Oil Pipeline
Star Ugandan climate activist Vanessa Nakate has spoken out against a major crude oil pipeline being … [+] developed in Uganda and Tanzania. dpa/picture alliance via Getty Images A huge crude oi...
Telegram’s TON In Talks With Three African Countries To Launch Stablecoins
TON Blockchain is working with Cameroon, the Democratic Republic of Congo (DRC) and the Republic of … [+] Congo to launch crypto p2p payments on Telegram. getty Africa has been widely reported a...
The African Union Endorses Plan To Strengthen Healthcare Workforce In Wake Of Covid Pandemic
Doreen Ebong, a nurse-midwife, attends to a mother at the Lira Regional Referral Hospital in Uganda. Brian Kalyesubula/Seed Global Health Global public health experts Agnes Binagwaho, Githinji Gitahi,...
10% Growth in Crypto Market Cap Reduces Value of African Firms by 0.76% – Featured Bitcoin News
A study undertaken by two assistant professors at American University in Cairo (AUC) has suggested that an increase of 10% in the crypto market cap causes the market value of “African micro-entities” ...
Flickto and ZOEPOOL celebrate the emergence of African women in the blockchain industry
Introduction of blockchain As the blockchain industry continues to innovate and flourish, the need for women in the space has never been greater. Cardano has positioned itself as the leader in the dev...
South African rand has more room to run
The South African rand strength accelerated to the highest point in five months as rate hike expectations rose. The USD/ZAR pair is trading at 14.49, which is more than 7% below its highest level this...
African Digital Art Network Rolls Out Nandi NFT Marketplace: Facilitating Black Artists
African Digital Art Network is taking a step forward in the Web3 space by introducing an NFT marketplace Nandi. Chinedu Enekwe co-founded the Nandi marketplace and also happens to be a co-founder of t...
USD/ZAR: South African rand steady ahead of SARB decision
The South African rand has continued to strengthen in the past few months. The USD/ZAR crashed to the lowest level since October as commodity prices rose. It is trading at 14.76, which is about 9.87% ...
How Blockchain Can Ensure Economic Prosperity for African Farmers
An American insurance company is to use blockchain and cryptocurrency to protect the livelihoods of the world’s most vulnerable farmers. The Lemonade Foundation is launching Decentralized Autonomous O...
Number of African Cryptocurrency Users up by Nearly 2,500% – Featured Bitcoin News
The number of cryptocurrency users in Africa grew by almost 2,500% between January 2021 and January 2022, while the average number of monthly transactions went up by 1,400%, a new report by Kucoin has...
African crypto users increased by over 2000 percent in 2021
TL;DR Breakdown • Cairo has seen major crypto usage increase.• African crypto users prefer cross-border operations due to their low commissions. Using cryptos in Africa has gained much interest among ...
FTX partners with African payments company AZA Finance to boost web3 adoption
advertisement Crypto exchange giant FTX has partnered with AZA Finance, the payments firm formerly known as BitPesa, to grow the web3 economy on the African continent. The partnership will explore fiv...
African Crypto Startup, Basqet Launches Payment Gateway to Enable Businesses Accept Bitcoin
press release PRESS RELEASE. Recently, blockchain payments startup Basqet announced the launch of its cryptocurrency payments gateway which will allow businesses to accept Bitcoin and other cryptocurr...
Global crypto exchanges targeted by South African regulator
Crypto exchanges in the world are being targeted by South African regulator Derivative products are not allowed to be offered by exchanges in the country An upcoming regulator regime is about to rin...
Zoe Pool and Flickto aim to nurture African women within blockchain
The evolution of the Cardano space since its birth has been exceptional. There are a lot of vibrant communities within the Cryptocurrency industry, however, the Cardano community stands out by far. As...
South African Regulator Explains Why It Has Been Targeting Global Crypto Exchanges – Regulation Bitcoin News
Brandon Topham, the head of enforcement at South Africa’s financial sector regulator, has insisted that his organization has not issued warnings to some global exchanges because they deal in crypto. R...
South African Crypto Exchange Valr Raises $50 Million in Series B Funding Round – Coinotizia
South African cryptocurrency exchange Valr announced recently that it has raised $50 million in a Series B round led by Pantera Capital. The capital raise means Valr is now valued at a reported $240 m...
South African Crypto Exchange Valr Raises $50 Million in Series B Funding Round – Exchanges Bitcoin News
South African cryptocurrency exchange Valr announced recently that it has raised $50 million in a Series B round led by Pantera Capital. The capital raise means Valr is now valued at a reported $240 m...
VALR secures $50 million in largest African crypto raise
VALR raised $50 million in a Series B equity funding round The round secured a $240 million valuation for VALR VALR launched bitcoin-rand trading in June of 2019 VALR, a crypto trade in South Africa, ...
South African Exchange VALR Raises $50M Series B, Embrace the Largest Funding Round in Africa
Johannesburg, South Africa-based crypto exchange VALR, has secured a $50 million (over 750 million Rand) Series B round led by Pantera Capital. It is the largest ever cryptocurrency funding round in A...
South African exchange raises $50M in Africa’s largest funding round
South African crypto exchange VALR has raised $50 million in a Series B equity funding round, marking the largest-ever funding for an African crypto exchange. With this latest round of funding, VALR’s...
VALR secures $50 million in largest African crypto raise to date
advertisement VALR, a crypto exchange in South Africa, has raised $50 million in a Series B equity funding round. Pantera Capital led the rough with participation from Alameda Research, Coinbase Ven...
Nigeria’s Fintech Firm Tingo Seeks to Raise $500 Million to Serve More African Farmers
Tingo, a fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin o...
M4Markets Strengthens African Presence Hiring David Alagbada
M4Markets, a forex and CFDs broker operating with a Seychelles license, is expanding its focus into the African markets with the recent appointment of David Alagbada as the Regional Head of Africa. Ac...