According to the South Africa Reserve Bank (SARB) Digital Payments Roadmap, nearly half of South African adults withdraw all their funds from their bank accounts immediately after they are deposited.…
The Central Bank of the Kingdom of Eswatini has released a design paper detailing its potential central bank digital currency (CBDC), the digital Lilangeni. The digital currency is envisioned as…
Sendwave parent company, ZEPZ, has raised $267 million from new and existing investors to fund expansion in its core African markets and beyond. The round was led by venture capital…
BitKE caught up with Nickson Omondi, Manager at the Digital Economy Tax Office at the Kenya Revenue Authority (KRA) to talk about the recent developments in crypto and digital assets…
The Kenya Revenue Authority (KRA) is set to introduce a new real-time tax system that will integrate with cryptocurrency exchanges allowing the regulator to monitor crypto transactions and collect taxes.…
Dreamworlds, a pioneering Web 3.0 work outsourcing platform, is empowering developing countries through AI tools, training, and access to global job opportunities. Focused primarily on Africa and South Asia, Dreamworlds…
Startups in the Middle East and North Africa (mena) region raised $282 million in September 2024. This figure represents a significant 234% increase month-on-month (MoM) and a 607% rise year-on-year…
The International Monetary Fund (IMF) has released an October 2024 paper examining the possible options between: Central bank digital currencies (CBDCs) Faster payment systems (FPS), and e-Money With a particular…
VISA has announced the launch of the VISA Tokenized Asset Platform ( VTAP), a new product designed to help financial institutions issue and manage fiat-backed tokens on blockchain networks. As reported…
Egyptian fintech, Fawry, has announced that its Buy Now, Pay Later (BNPL) business has surpassed EGP 1 billion ($20.57 million) in total disbursements as of September 2024. The milestone, which…