Category: Africa

Optimism abounds for crypto and blockchain adoption at virtual Blockchain Africa

Optimism abounds for crypto and blockchain adoption at virtual Blockchain Africa

The first-ever virtual version of Blockchain Africa delivered an optimistic outlook for the cryptocurrency and blockchain space in the continent as the world settles into a new normal dictated by COVID-19. The conference featured a number of well-known industry commentators, participants and thought leaders from around the world who addressed a completely virtual audience. The […]

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Africa’s solarized digitalization agenda in the time of coronavirus

Africa’s solarized digitalization agenda in the time of coronavirus

The seventh session of the Africa Regional Forum on Sustainable Development convened earlier this month with the theme “Building forward better: Towards a resilient and green Africa to achieve the 2030 Agenda and Agenda 2063” and to promote the economic, social and environmental dimensions of sustainable development. Amina Mohammed, deputy secretary-general of the United Nations, […]

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Binance-Backed DeFi Credit Union Platform Secures Partners, Funding Before Launch

Binance-Backed DeFi Credit Union Platform Secures Partners, Funding Before Launch

Xend Finance will allow credit unions and cooperatives to earn interest on deposits by converting them to stablecoins. Feb 9, 2021 at 2:00 p.m. UTCUpdated Feb 9, 2021 at 2:52 p.m. UTC Binance-Backed DeFi Credit Union Platform Secures Partners, Funding Before Launch Xend Finance, a Nigeria-based decentralized finance (DeFi) platform for credit unions and cooperatives, […]

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Token-based electricity top-up app expands in Africa but faces headwinds

Token-based electricity top-up app expands in Africa but faces headwinds

Crypto payments network Electroneum is expanding its utility bill and mobile phone airtime top-up coverage to more countries in Africa. 5322 Total views 33 Total shares Electroneum (ETN) has announced the expansion of its service coverage to four additional West African countries: Benin, Togo, Côte d’Ivoire, and Sierra Leone. The move brought the company’s African service […]

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Everyone’s talking crypto for solving Sub-Saharan Africa’s payments problems

Everyone’s talking crypto for solving Sub-Saharan Africa’s payments problems

Stablecoins and continentwide regulations are key to breaking down barriers to Africa’s economic growth. 891 Total views 8 Total shares As global interest in stablecoins explodes, a number of key players are pushing especially hard for more adoption in Sub-Saharan Africa. On Thursday, the Center for Strategic and International Studies’ Africa Program published new analysis […]

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