Zimbabwe has taken a significant step towards boosting transparency in its carbon credit system by launching a blockchain-based registry system. The country’s Environment Minister, Evelyn Ndlovu, highlighted the […]
Binance Africa Offers P2P Zero Fees and USDT Rewards: A Win-Win for Crypto Adoption
Binance launched a promotion across Africa, making peer-to-peer (P2P) trading completely free with the chance to win up to 150 USDT per transaction. This move underlines Binance’s commitment […]
Jumia’s Q1 2025 Revenue Down 26%, Driven by Decline in Corporate Sales
Jumia Technologies, a leading e-commerce platform operating across Africa, has released its financial report for the first quarter of 2025. The report reveals a significant revenue decline to […]
Google Introduces AI-Powered Campaign Feature for African Businesses
Google is launching a global beta of its enhanced Search Ads platform, AI Max, specifically designed to empower African businesses with smarter advertising tools. This feature leverages artificial […]
Zar Secures $7 Million to Launch Rand-Pegged Stablecoin
A $7 million funding round has propelled Zar, a stablecoin startup focused on Africa, closer to its goal of launching a stablecoin pegged to the South African Rand. […]
Onafriq partners Circle to Offer Faster Cross-Border Remittances in Africa
Onafriq, Africa’s leading payment gateway, has teamed up with Circle, a prominent stablecoin issuer and market leader behind USDC, to streamline cross-border payments across the continent. This collaboration […]
Circle and Onafriq Pilot USDC Payments for Lower Cross-Border Costs in Africa
A new partnership between Circle and Onafriq aims to revolutionize cross-border payments in Africa by utilizing stablecoins. The pilot program, launched with the goal of reducing expensive and […]
Stablecoin Startup Zar Secures $7M Funding Round Led by a16z
Zar, a stablecoin company focused on enhancing cross-border transactions in Africa, has secured a $7 million funding round led by venture capital firms a16z, Dragonfly Capital, and VanEck […]
Bitcoin Mining Booms in Africa: Hydropower Fuels Expansion Amidst Price Surge Prediction
A surge in Bitcoin mining activities is sweeping across Africa, driven by the utilization of hydroelectric power. Phoenix Group has secured a 52 MW mining site in Ethiopia, […]
Circle and Onafriq Partner to Revolutionize Cross-Border Payments in Africa
Circle has joined forces with Onafriq, Africa’s largest payments gateway, to tackle high costs associated with cross-border transactions across the continent. Utilizing USDC, these companies aim to pilot […]
Circle Partners with Onafriq to Lower Cross-Border Payments Costs in Africa
Circle, a stablecoin issuer, has partnered with Onafriq, the leading payments gateway in Africa, to reduce the high costs associated with cross-border transactions across the continent. The collaboration […]
Yellow Card Secures South African Regulatory License, Expanding Reach in Africa
Cryptocurrency platform Yellow Card has secured a new license from South Africa’s financial regulator, solidifying its presence and commitment to fostering crypto adoption across the continent. Led by […]
Homely: Simplifying Short-Term Rental Management in Africa
From a personal experiment with Airbnb, Hanson Nnadi’s vision took shape as Homely emerged to address the growing pains of short-term rental hosts across Africa. The company’s platform […]
Phoenix Group Expands Mining Capacity in Ethiopia, Reaching 132 MW
Bitcoin mining company Phoenix Group has bolstered its operations in Ethiopia by adding 52 megawatts (MW) of mining capacity. This significant expansion brings the firm’s total capacity in […]
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