Web3 Africa | Blockchain, Crypto & Web3 News Across Africa

Base by Coinbase: Accelerate dApps and Stablecoin Remittances in Africa

KenMichaelsJune 9, 2025July 30, 202609 mins

With Africa’s Web3 developments rising with new-gen developers building Africa-centric solutions with blockchain technology, Base blockchain has become a particular favourite for many. In Brief Base blockchain’s Ethereum-based Layer 2 design enables scalable, low-cost dApps and stablecoin remittances, ideal for Africa’s high-inflation economies. Coinbase’s Base Batch Workshops and $1M funding empower African developers to build…

Boosting Financial Apps with NGN/USD Price Oracle Integration on Base Mainnet

KenMichaelsJune 9, 2025February 2, 202608 mins

Nigeria’s cNGN stablecoin launches NGN/USD oracle via Base + Chainlink, delivering real-time Naira-Dollar rates on-chain. This powers seamless USDT/USDC swaps, slashes remittance costs, and enables NGN-denominated DeFi. Multi-chain support across Bantu, Ethereum, and Polygon positions cNGN as Nigeria’s privately-issued answer to the failed eNaira, unlocking $125B+ annual on-chain value for African markets.

Navigating the Evolving Fintech Regulation Landscape in 2025: Key Insights from Leading African Nations

KenMichaelsJune 7, 2025January 22, 2026012 mins

Nigeria’s EFCC has sentenced two Chinese nationals to one year in prison for crypto fraud, part of a 792-member syndicate dismantled in the December 2024 “Eagle Flush Operation” that netted nearly 800 arrests. The convictions mark Nigeria’s intensified crackdown on digital asset crime as Africa’s leading Web3 ecosystem strengthens its AML/CFT framework to exit the FATF grey list. With a 45% surge in financial fraud and mounting pressure from the IMF, Nigeria is sending a clear message: bad actors in its crypto sector will face swift justice.

The Unsung Heroes: How Testnets Are Shaping Africa’s Blockchain Future

KenMichaelsJune 7, 2025July 30, 2026010 mins

Blockchain testnets are revolutionizing Africa’s dApp development with over 700,000 miners on Tari Universe alone. South Africa’s Tari, Mara’s Optimism-forked Layer 2, and Cardano’s Preview testnets empower local developers to build sector-specific solutions. Governments from Kenya to Rwanda now leverage testnet infrastructure for supply chains, mining transparency, and financial systems,democratizing access to blockchain development tools.

Building Blocks: How AyaHQ Creates Sustainable Web3 Talent Hubs in Africa

KenMichaelsJune 6, 2025January 29, 202608 mins

AyaHQ builds Africa’s on-chain builder ecosystem through Accra and Kilifi Web3 talent hubs training 100+ developers in decentralized solutions. Velocit8 incubation produces 12 viable MVPs in 8 weeks while AyaHQ x Lisk program graduates 12 projects from 116 applications across 10 countries. Ghana Communication Technology University MoU standardizes talent pipelines; Women in Blockchain Africa partnership launches Stellar Surge Program. muAccra pop-up city (100 builders, 2 weeks) and AyaLabs hackathon platform foster practical problem-solving for African challenges.

Xend Finance: Revolutionizing DeFi and Real-World Asset Tokenization for Global Investors

KenMichaelsJune 6, 2025June 6, 2025010 mins

In Brief Xend Finance’s decentralized credit unions and RWA tokenization address Africa’s financial exclusion and inflation challenges. The platform’s $RWA token enables secure, high-yield staking (up to 15% APY) and fractional ownership of global assets like real estate. Strategic partnerships with Binance, Google, and 5,000+ cooperatives position Xend as a leader in Africa’s DeFi and…

Xend Finance and Risevest Launch Blockchain-Based Tokenized Investment Platform for Global Real Estate and Stocks

KenMichaelsJune 5, 2025June 5, 202509 mins

Two leading African fintech innovators, Xend Finance and Risevest, launch a groundbreaking tokenized investment platform. In Brief Xend Finance and Risevest launch a tokenized investment platform for African investors. Xend Finance’s Asset Chain digitally represents real-world assets on a secure blockchain. Stablecoins like USDT/USDC facilitate low-threshold investments, reflecting Africa’s demand for stability. The new platforms…

Coinbase Crypto Services: Powering Africa’s Financial Inclusion Revolution

KenMichaelsJune 5, 2025January 29, 2026010 mins

Coinbase drives African digital asset accessibility through Yellow Card Widget (20 countries), Onboard Global P2P (Nigeria, no KYC), and Jambo Technology partnership preinstalling Coinbase Wallet on 700,000 smartphones. Low-fee crypto transfers bypass banking costs as Coinbase Ventures invests $23M in Mara pan-African exchange. Supporting Kenya, Nigeria, South Africa via 17,000+ assets, self-custody wallet, staking, Learn and Earn programs, Coinbase Commerce, Prime institutional tools. Mara CEO: “We’re building a financial system that works for everyone.”

Revenue-Backed Crypto Loans: Fuel Small Business Growth Without Collateral

KenMichaelsJune 5, 2025January 28, 2026010 mins

Africa’s $331B MSME credit gap meets its match: Jia Exchange issues collateral-free, USDC-denominated loans tied to revenue performance, not credit scores. Inflation-proof stablecoin lending with $0.00025 transaction costs and flexible repayment (2-6% monthly) serves entrepreneurs banks ignore. Revolutionary bonus: JIA token rewards transform borrowers into platform co-owners with governance rights. Backed by $4.3M from TCG Crypto and partnerships with Ilara Health, Jia redefines inclusive finance for emerging markets.

Stablecoins in Hyperinflationary Markets: A Survival Guide for African Entrepreneurs

KenMichaelsJune 5, 2025February 2, 2026010 mins

Stablecoins evolved from trend to survival tool as African hyperinflation explodes, Zimbabwe hits 85.7%, South Sudan projects 5345% cumulative inflation. Nigeria leads with $21.8B in stablecoin transactions, representing 43% of Africa’s crypto volume. Platforms like Busha, Flutterwave, and Yellow Card slash remittance costs 60% while entrepreneurs pay suppliers in USDT, bypassing FX bottlenecks. USDC and USDT now shield millions from currency collapse.

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