#Africa - Web3Africa

Why Altvest Became Africa’s First Publicly-Listed Firm to Add Bitcoin to Treasury Reserve

KenMichaelsSeptember 23, 2025July 30, 2026010 mins

TL;DR, African Bitcoin Corporation becomes Africa’s first publicly-listed firm to adopt bitcoin treasury strategy, purchasing 1.00464 BTC and raising R3.68 billion to expand holdings. Equity route gives pensions compliant BTC exposure; dual-engine model blends operating cash flows with appreciating reserves to grow BTC per share via NAV premiums. The company’s “accretive dilution” approach incrementally builds…

What $2M Funding Means for MazaoHub’s AI-Powered Agriculture Solutions

KenMichaelsSeptember 22, 2025July 29, 2026010 mins

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…

Africa Records $205 Billion Crypto Flows Breaking Growth Records

KenMichaelsSeptember 19, 2025July 30, 202609 mins

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…

Why Circle Ventures Backed CV VC’s African Blockchain Fund with $20M

KenMichaelsSeptember 19, 2025July 29, 202609 mins

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…

Tunisian VC Doubles Hedera Hackathon Prize Pool to $2M

KenMichaelsSeptember 19, 2025July 29, 202608 mins

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…

Kenya’s Ex-prime Minister Involved in a Deepfake Crypto Scam

KenMichaelsSeptember 18, 2025July 30, 2026010 mins

TL;DR, A deepfake crypto scam targeted Kenya’s Ex-Prime Minister Raila Odinga’s verified X account to promote a fake Kenya Token, attracting 1,620 Telegram members before being exposed as fraud. The sophisticated scam followed patterns seen in Tanzania where billionaire Mohammed Dewji’s account was similarly compromised, raising $1.48 million through deepfake. Kenya’s upcoming Virtual Asset Service…

How Luno’s Tokenized Stocks Introduces a New Investment Era for Africa

KenMichaelsSeptember 18, 2025July 30, 202609 mins

TL;DR, Luno introduces tokenized stocks in South Africa and Nigeria, allowing investors to access US equities through blockchain technology with lower barriers to entry. African investors can now purchase fractional shares of major US companies through Luno’s platform, bypassing traditional forex complications and high fees. The new tokenized stock feature offers 24/5 access, instant settlement,…

Investors Back Kredete Stablecoin Credit Approach With $22M Series A Funding

KenMichaelsSeptember 17, 2025July 29, 202607 mins

TL;DR, Kredete secured $22M Series A funding to take its stablecoin credit card services to the next level, serving 700,000+ monthly users across 30+ African countries with $500M+ in cross-border remittances. AfricInvest, Partech, and Polymorphic Capital funded Kredete’s expansion plans, bringing total funding to $24.75M since 2023 as the platform becomes Africa’s largest payment aggregation…

Yellow Card Becomes Core Participant Of Fireblocks Enterprise Network

KenMichaelsSeptember 8, 2025July 30, 202608 mins

TL;DR, Yellow Card becomes core Fireblocks’ $10 trillion stablecoin payment network, connecting Africa’s $53 billion transaction volume to enterprise-grade infrastructure with unified APIs and global reach. The partnership transforms Yellow Card’s manual processes into automated, secure systems while positioning Africa as a proving ground for blockchain’s real-world financial impact. Fireblocks’ network spans 100+ countries supporting…

Circle Gateway Arrives on Mainnet with Blockradar as Day 1 Partner

KenMichaelsAugust 21, 2025July 29, 202609 mins

In Brief Circle launched the Circle Gateway on August 19th to address stablecoin fragmentation. BlockRadar integrated this product into its infrastructure for better USDC management. BlockRadar’s upgrade improves treasury management, automating processes across multiple chains. On Tuesday, August 19th, Circle officially launched its Circle Gateway within its mainnet. The product offering tackles…

Category Collection

Top Stories

Tag: #Africa

Why Altvest Became Africa’s First Publicly-Listed Firm to Add Bitcoin to Treasury Reserve

What $2M Funding Means for MazaoHub’s AI-Powered Agriculture Solutions

Africa Records $205 Billion Crypto Flows Breaking Growth Records

Why Circle Ventures Backed CV VC’s African Blockchain Fund with $20M

Tunisian VC Doubles Hedera Hackathon Prize Pool to $2M

Kenya’s Ex-prime Minister Involved in a Deepfake Crypto Scam

How Luno’s Tokenized Stocks Introduces a New Investment Era for Africa

Investors Back Kredete Stablecoin Credit Approach With $22M Series A Funding

Yellow Card Becomes Core Participant Of Fireblocks Enterprise Network

Circle Gateway Arrives on Mainnet with Blockradar as Day 1 Partner

Blockchain Infrastructure

Industry Talk

Blockchain Infrastructure

Regulation

Industry Talk

Blockchain Infrastructure

Featured