In Brief Asset Chain is Africa’s first gasless, Layer 1 blockchain infrastructure designed to keep value within the continent and fund local ecosystems. AI agents, zero‑gas DEX, and RWA tokenization on Asset Chain deliver real‑world utility, high yields, and secure smart‑contract tools. With $100K initial TVL and a 5% global market vision, Asset Chain is rapidly…
Profitability or bust: Flutterwave eliminates 50% of Kenya and South Africa teams, Kenya down to under 8 staff, while hiring same roles in Nigeria. Regulatory reality bites as PSP license delays in both markets trigger mass cuts, including Regional Manager Leon Kiptum and Stablecoins VP Saruni Maina. After $250M raise, CEO Agboola’s mandate is clear: sustainable growth, not expansion. African fintech’s new normal: regulation compliance first, venture-fueled growth second.
Lisk Blockchain, a core blockchain ecosystem with significant roots in Africa, unveiled its second Cohort of promising African ventures in its renowned Lisk Incubation program. In Brief Lisk Incubation Program offers six months of intensive mentorship, access to protocol tools, and up to $100K funding for African Web3 startups. Cohort 2 features 20 diverse ventures—from SACCO…
Stablecoins have solidified its stance as a blockchain finance solution, accounting for 43% of Africa’s total crypto transaction volume. In Brief Tether and Shiga Digital’s stablecoin integration shields African businesses from currency devaluation while streamlining cross-border payments. Shiga’s automated treasury tools and USDT liquidity reduce remittance costs by 70%, empowering SMEs and freelancers. Regulatory shifts…
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…
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…
AI crypto tokens are revolutionizing the tech industry, especially in Africa’s digital landscape. ChatGPT’s image generation caused a significant price surge for The Graph (GRT) recently. Active GRT addresses and sister tokens also saw notable increases in trading volumes. Â In a fast-paced world where AI, cryptocurrency, blockchain and Web3 are staying ahead of the…
IRS crypto rule reversal blasts open vibrant DeFi corridors, igniting African innovation. Innovators, investors and Web3 startups gearing for streamlined reporting fuels faster cross‑border blockchain collaborations. Developers can taste freedom, building privacy‑centric protocols without looming U.S. reporting burdens. President Trump continues to defy logic and stand up to what he claims. Well-known as the “Crypto…
How does DeFi work? It uses blockchain and smart contracts to enable peer-to-peer transactions (e.g., South Africa’s supply chain), cutting costs and intermediaries. DeFi tackles Africa’s corruption, financial exclusion, and sustainability issues via solutions like land registries and fair-trade supply chains. Africa drives global DeFi growth with BRICS partnerships, energy innovations, and ROI-driven projects like…
Blockchain protocols in Africa enable low-cost, decentralized finance for SMEs, bypassing corrupt traditional banking systems. Celo’s mobile-first design and Stellar’s $0.00001 fees dominate Africa’s remittance and cross-border payment sectors. Regulatory ambiguity and infrastructure gaps threaten blockchain protocols’ scalability despite their transformative potential for African economies. Africa’s digital transformation is shifting into high gear with new…
You must be logged in to post a comment.