Category: Africa

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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Binance launches African affiliate program after Uganda subsidiary closes

Binance launches African affiliate program after Uganda subsidiary closes

The world’s largest crypto exchange announced two subsidiary suspensions within one month. 8956 Total views 29 Total shares The world’s largest cryptocurrency exchange is launching a new affiliate program in Africa after announcing the termination of its Uganda-based service. On Nov. 3, Binance officially announced the launch of the Binance Africa Affiliate Program, which aims […]

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