LIST | A Look At 10 of the Leading Fintech Startups in Ghana
Ghana has, over the past few years, established itself as one of the main countries for technology innovation on the continent. According to a local report, the West African nation…
DEVELOPER PERSPECTIVE | Rekt 2.0 – Your PhD in Next-Level Crypto Scams for The Overconfident Crypto Bro
The “I’m Too Smart to Fall for That” Syndrome So, you think you’re the Sherlock Holmes of the blockchain world, eh? You scoff at those peasants who fall for “send…
EXPERT OPINION | Why the African Leapfrogging Narrative Has Failed Over a Decade Later
2023 was a brutal year for Africa’s tech ecosystem as funding dropped by almost 50% and startups closures filled the headlines while those with runway slowed down expansion plans. Moreover, in a recent…
FUNDING | Founders Factory Rebrands to 54 Collective, Transforms to a Full-Fledged VC Firm for Early-Stage Startups
Founders Factory Africa, a leading venture capital firm in Africa, has rebranded itself to 54 Collective, unveiling a new chapter in their investment strategy. The firm announced that it will…
FUNDING | Egyptian Fintech, Lucky ONE, Raises $3 Million After Reportedly Crossing 13 Million Users
Cairo-based fintech, Lucky ONE, has announced the successful raise of $3 million in a convertible note with participation from existing investors, including Lorax Capital Partners, KEM and DisrupTech Ventures. According…
EAST AFRICA | Nairobi Securities Exchange (NSE) Signs MoU to Introduce Digital Asset ETPs in Collaboration with Valour and SovFi
Kenya’s Nairobi Securities Exchange (NSE) has signed a memorandum of understanding with Valour, a global crypto fund issuer and SovFi, a financial instrument issuance platform, on issuing and trading digital…
CBDC | Global CBDC Platform, mBridge, Launches Minimum Viable Project (MVP), Invites International Participation
Project mBridge, the multi-central bank digital currency arrangement that connects different jurisdictions to a single common technical infrastructure, reached minimum viable product stage in June 2024, inviting further international participation.…
MILESTONE | Binance Becomes First Crypto Brand to Reach One Million Subscribers on YouTube
Binance, the global blockchain ecosystem behind the world’s largest cryptocurrency exchange, today announced it has reached one million subscribers on its official YouTube channel becoming the first crypto brand to reach this milestone. The…
NORTH AFRICA | Egyptian Fintech, Qardy, Announces 7-Figure USD Investment to Support Expansion into MENA
Egyptian fintech, Qardy, has secured a 7-figure USD pre-seed round of investment, with participation from White Field Ventures and Vastly Valuable Ventures among other angel investors. Qardy is described as…
REGULATION | National Bank of Ethiopia Announces Dollar Auction As Local Birr Plummets
Weeks after floating its currency, Ethiopia is set to run an auction to help stabilize the plummeting currency. The National Bank of Ethiopia (NBE) has announced a Special Foreign Exchange…