#Africa - Web3Africa

US Bitcoin ETF Launch Creates Precedent for African Digital Assets

KenMichaelsMay 23, 2024July 29, 202608 mins

TL;DR, The US bitcoin ETF approval triggered a price surge, opened doors for institutions, and signals Africa’s need for clear digital asset regulation. For Africa, ETFs bring opportunities: legitimized investments, diversified treasuries, taxable revenues, and expanded access to digital assets. The ETF framework offers African regulators a tested model for cryptocurrency regulation, enabling financial institutions to diversify…

NFT Auction Featuring 10,000 Lions Supports Nairobi School Initiative

KenMichaelsMay 20, 2024July 29, 202607 mins

TL;DR, Ubunation’s NFT Auction features 10,000 unique lion NFTs at $20 each, targeting $200,000 to fund a primary school construction project in Nairobi. Web3 fundraising offers transparency advantages over traditional charity models, allowing donors to trace exactly where their contributions go. Despite its noble mission, skeptics highlight market saturation and lingering doubts over NFTs’ long-term…

Investor Optimism Returns At CV Summit 2024 Blockchain Startup Event

KenMichaelsMay 9, 2024October 2, 202508 mins

TL;DR, CV Summit in Cape Town attracted over 250 attendees at Watershed Workshop 17, with Crypto Valley VC launching an Africa Fund targeting 200,000−200,000−500,000 investments for blockchain startups. African blockchain ecosystem shows recovery from 2022 crypto winter as investors focus on sustainable business models. B2B payment systems, cross-border settlements, and compliance-focused blockchain solutions attracted the most…

South Africa Issues Historic Crypto Licences to Seventy Five Companies

KenMichaelsApril 27, 2024July 29, 2026010 mins

TL:DR, South Africa issued 75 crypto licences under FAIS Act: 71 Category I, 33 Category II, 3 Category IIA, with notable companies like Revix approved but Binance absent. Revix is among the CASPs that received their crypto licences under its incorporated name, RVX SA Capital (pty) Limited. We expect South Africa to be a hotbed of innovation…

Zimbabwe ZiG Currency: Gold-Backed Fiat Replaces Digital Token Plans

KenMichaelsApril 11, 2024August 27, 202508 mins

TL:DR, Zimbabwe’s ZiG currency launches as physical gold-backed money, with 2.6 tonnes gold reserves backing 1.1 billion ZiG units, replacing previous digital token plans in April Zimbabwe abandoned its digital currency ambitions, converting gold-backed digital tokens into physical ZiG notes and coins valued at international gold prices. One ZiG is equivalent to 1 mg of gold, with…

Meet Bitcoin Dada: The Sisterhood Putting African Women on the Bitcoin Map

KenMichaelsApril 1, 2024November 2, 2025012 mins

TL;DR, Bitcoin Dada graduated 28 women from its fifth cohort, showcasing its active mission to educate and uplift women in cryptocurrency across Africa. Founded by Lorraine Marcel, Bitcoin Dada uses education, community “sisterhood,” and career days to break down barriers and foster financial inclusion for African women. The initiative provides live virtual classes, in-person meet-ups,…

The Sisterhood Reimagining Africa’s Crypto Future

KenMichaelsMarch 30, 2024November 4, 2025011 mins

TL;DR, Bitcoin Dada delivers a six-week, live, tuition-free cryptocurrency education program empowering African women. Community-led sisterhood, mentorship, and hands-on training build confidence, practical crypto skills, and pathways into Bitcoin-related roles. Lorraine Marcel’s decentralized vision expands access across Africa while tackling crypto’s gender gap through education and community. Lorraine Marcel, the visionary founder of…

Send USDT remittances using Celo wallet for low costs.

KenMichaelsMarch 28, 2024November 4, 2025010 mins

TL;DR, With a circulating supply exceeding 102 billion, Tether’s integration of USDT on Celo creates a powerhouse for mobile-first, low-cost stablecoin cross-border payments, targeting financial inclusion. Celo’s phone-number-to-wallet framework makes sending USDT as simple as texting, eliminating traditional banking barriers and offering a sustainable, low-cost alternative to expensive Ethereum network fees. The USDT on Celo…

Zeepay’s $3 Million Funding Signals African Fintech Market Confidence

KenMichaelsMarch 23, 2024July 29, 202608 mins

TL;DR, Zeepay secures $3 million equity investment from Verdant Capital Hybrid Fund, becoming the fifth institutional investor in three years. The investment will fuel expansion of mobile money and remittance services to 10 new African countries within two years. With over $3 billion in transactions settled last year, Zeepay’s latest funding highlights investor confidence in…

Inside EMURGO Labs: Incubation, Technical Build, Compliance, and Funding Under One Roof

KenMichaelsMarch 21, 2024December 1, 2025014 mins

TL;DR, EMURGO Labs offers full‑stack venture development for Cardano in Africa and MENA, collaborating with the UNDP SDG Accelerator that supports 40 solutions annually across two four‑month cohorts. The lab blends incubation, a technical studio, advisory, custom builds, and selective funding to help Web2 firms, Web3 teams, and governments adopt or scale on…

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Tag: #Africa

US Bitcoin ETF Launch Creates Precedent for African Digital Assets

NFT Auction Featuring 10,000 Lions Supports Nairobi School Initiative

Investor Optimism Returns At CV Summit 2024 Blockchain Startup Event

South Africa Issues Historic Crypto Licences to Seventy Five Companies

Zimbabwe ZiG Currency: Gold-Backed Fiat Replaces Digital Token Plans

Meet Bitcoin Dada: The Sisterhood Putting African Women on the Bitcoin Map

The Sisterhood Reimagining Africa’s Crypto Future

Send USDT remittances using Celo wallet for low costs.

Zeepay’s $3 Million Funding Signals African Fintech Market Confidence

Inside EMURGO Labs: Incubation, Technical Build, Compliance, and Funding Under One Roof

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