TL;DR, The Lisk EMpower Fund is tapping into Africa’s booming on-chain economy, which saw $205 billion in value move in one year, by funding startups that solve real problems. Lisk’s Ethereum-compatible L2 and JavaScript SDK cut costs and complexity, giving local builders in Africa, Southeast Asia, and LATAM a scalable Web3 path. A local-first playbook (grants, regional…
TL;DR, Lisk has launched the $15M Lisk Empower Fund to invest in 40 Web3 startups, capitalizing on emerging markets that deliver 9-11% annualized returns traditional VCs often overlook. The fund focuses on startups providing real-world utility in areas like payments and supply chains, offering checks from $250k to $750k and hands-on advisory to prepare them for global…
TL:DR, Pesalink processed over 8.2 million transactions but still struggles to deliver true payment interoperability across Kenya’s fragmented financial system. Kenya’s payment ecosystem is fragmented with banks, mobile money, and fintechs on separate rails, creating inefficiency and high costs for users and merchants. PesaLink’s future as a universal payment rail is uncertain, facing challenges from…
TL;DR, Clarrio.ai, an AI-powered health platform achieving 78.9% accuracy in predicting seizures, has raised over $1 million and expanded to Netcare Hospitals in South Africa. Founded in 2017 to help manage epilepsy, the platform now connects 300+ wearable devices using CNNs and LSTMs for predictive health analytics. Operating on a B2B model charging hospitals $942−$1,178…
TL;DR, PayPal investment of $100M targets African fintech infrastructure through minority stakes and acquisitions. New $100M fund supports startups with capital, market access, and PayPal’s APIs, yet raises questions of corporate dominance. PayPal’s dual strategy combines genuine financial support for local innovation with strategic positioning to potentially dominate Africa’s digital payment backbone. PayPal’s fresh $100…
TL;DR, Venom blockchain announces ambitious target of 500,000 daily transactions by December 2025, challenging global competitors like Polygon and Arbitrum. UAE-based blockchain platform Venom aims to more than double its current 150,000-200,000 daily transactions through multi-pronged strategies. Venom positions itself as critical Web3 infrastructure by supporting CBDCs, asset tokenization, and offering developer grants while establishing…
TL;DR, MazaoHub’s AI farming sensors and management software, backed by $2M funding, increase yields 30%, reduce costs, and scale climate-smart African agriculture. Tanzanian startup combines AI-powered soil analysis with human expertise through Farmer Excellence Centers, creating a hybrid “Tech and Touch” approach for smallholder farmers. Latest update reveal CRDB Bank Foundation backing to overhaul payment…
TL;DR, Africa’s crypto economy surged 52% to $205 billion, ranking third globally as stablecoins provide inflation protection amid currency volatility. Nigeria leads with $92.1 billion in crypto flows, while peer-to-peer platforms replace expensive traditional remittance services. Institutional adoption grows as South African banks offer digital assets and Nigerian regulators partner with Chainalysis for transparency. Africa’s…
TL;DR, Circle Ventures funding backed CV VC’s African Blockchain Fund with $20 million as Africa’s crypto economy grew 52% with stablecoins comprising 43% of the market. African blockchain startups are shifting from hype to utility-focused solutions, with 70% providing localized stablecoin use cases for payments and remittances. The partnership signals Africa’s emergence as a serious…
TL;DR, The Hedera hackathon 2025 prize pool doubled to $2M with UGFS North Africa’s investment. Africa’s largest blockchain competition combines $2M in prizes with extensive developer training through 100+ university partnerships, focusing on practical solutions for finance, sustainability, identity, and gaming applications. The expanded hackathon program offers Hedera network certification, technical workshops, and hands-on guidance…
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