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 Bybit and Tether’s South African crypto scholarships run Oct 2–Nov 7, offering a $3,000 top prize and 50 total awards. Applicants submit a short video, share it on social, and compete for weekly picks, making the program accessible while spreading blockchain literacy. Through initiatives like the Bybit Rising Fund and Tether Edu, both are…
TL;DR, BlockchainHub Africa launched a physical blockchain incubation hub in Enugu State on October 4th, endorsed by Nigeria’s government to train developers in DeFi, digital identity, and supply chain solutions. The physical hub combines hands-on training, coworking, mentorship, and investor access to accelerate globally competitive Web3 solutions. With clearer rules and interest from Solana, Lisk,…
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…
The Stellar Community Fund awarded $2.57M globally, with six African startups securing $437,500 for local innovation. Freedom PayWallet received $150,000 to scale financial aid in Gambia and Tanzania , while Minah secured $97,500 for RWA tokenization in West Africa. These projects use Soroban smart contracts to solve real-world challenges, proving Africa’s lead in blockchain utility.
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…
Africa’s largest independent asset manager issues a stark warning: limit Bitcoin to 5% of portfolios. Sygnia, managing $20B in assets, counters the hype despite BTC’s 82% annual surge and $100K milestone. CEO Magda Wierzycka cites volatility risk as AltVest goes “all-in” with treasury reserves. For African investors facing currency instability and capital shocks, diversification trumps maximalist strategies. Learn why sustainable crypto adoption requires strategic allocation, not reckless wagers.
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