#Blockchain - Web3Africa

Why Absa Bank Chose Ripple to Secure Its Digital Future

KenMichaelsOctober 18, 2025October 20, 2025011 mins

TL: DR, With Nigeria alone processing over $660 million in blockchain transactions, the Ripple-Absa partnership introduces regulated digital asset custody to meet Africa’s surging institutional demand. Ripple’s enterprise custody stack brings FSCA-aligned, multi-signature, cold storage and audit controls, giving banks a compliant, lower-risk path into tokenization. Absa moves from pilots to production—powering treasuries, tokenized portfolios,…

PRESS RELEASE | Block your dates for The Global Blockchain Show 2025 hosted by VAP Group in Abu Dhabi

KenMichaelsOctober 10, 2025November 19, 202505 mins

Following the resounding success of past two editions, VAP Group in association with Times of Blockchain is set to host an exclusive event on 10-11th December, 2025 in Space42 Arena,Abu Dhabi, that will bring together 5,000+ attendees, 200+ global expert speakers, 300+ leading investors, and 150+ media representatives on one dynamic platform to shape the…

US‑based Global Settlement Network and Diacente’s blueprint for the billion-dollar Uganda CBDC.

KenMichaelsOctober 9, 2025October 9, 2025012 mins

TL;DR, A $5.5B uganda cbdc pilot targets 40M users, 1M jobs, and up to $10B in exports via a USSD-enabled digital shilling. Unlike struggling CBDCs like Nigeria’s eNaira, Uganda’s model is “production-first,” giving citizens and industries an immediate reason to use it by integrating it into supply chains and job creation from day…

Antugrow Is Putting Farm Credit On-Chain, and 500 Global Accelerator Took Notice

KenMichaelsOctober 9, 2025October 9, 2025010 mins

TL;DR, Antugrow secured a spot in 500 Global’s accelerator, a major step to refine its strategy, attract investors, and expand its innovative agricultural finance model beyond East Africa. The company standardizes co-op records, issues anonymized NEAR-based IDs, and matches farmers to DeFi liquidity via Base and UTU—cutting risk, fees, and time-to-credit. With Base…

Kenya VASP Bill 2025 Passes Third Reading: One Signature Away From Becoming Law

KenMichaelsOctober 8, 2025July 30, 2026012 mins

TL:DR, Kenya VASP Bill clears third reading; existing providers get six months to apply, with VASP fines up to $154,000 and individuals facing up to 10 years. The bill establishes a “twin-pillar” regulatory model, appointing the Central Bank of Kenya (CBK) and Capital Markets Authority (CMA) as joint regulators to oversee all crypto…

Bybit, Tether Roll Out $3,000 CSR Scholarship to Support Education in South Africa

KenMichaelsOctober 7, 2025October 7, 2025010 mins

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…

Your Guide to Securing a Cheque from the Lisk Empower Fund

KenMichaelsOctober 3, 2025October 3, 202509 mins

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…

Stellar Community Fund Awards $437,500 To Six African Startups Scaling Real-World Blockchain Use Cases

KenMichaelsOctober 3, 2025February 4, 202609 mins

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.

SARS Eliminates Crypto Anonymity Through CARF Reporting Framework

KenMichaelsSeptember 23, 2025July 30, 2026010 mins

TL;DR, CARF Framework forces South African crypto exchanges to report all transactions above R5,000 starting March 2026, ending crypto anonymity. SARS opens public consultation until October 2025 for new crypto reporting rules that will require exchanges, brokers, and wallet providers to verify user identities and report annual transactions to tax authorities. Focus shifts from anonymity…

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…

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