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CryptoCurrency
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Blockchain Funding: Can Countries outside Africa’s ‘Big Four’ Break the Mold?

  • Africa's blockchain companies raised $127 million in 2021.
  • However, Nigeria, Kenya, South Africa and Seychelles alone got 96% of the funds.
Tuesday, 31/05/2022 | 07:54 GMT by Solomon Oladipupo
Analysis
Analysis
Analysis
Analysis
Analysis

CAR: Will Other African Countries Also Adopt Bitcoin as Legal Tender?

  • Africa is the fastest-growing cryptocurrency market among developing economies.
  • Infrastructural deficit, distrust, etc. mean BTC as legal tender is far-fetched.
Thursday, 26/05/2022 | 11:35 GMT by Solomon Oladipupo
CryptoCurrency

Blockchain Funding in Africa Beats Others down 11 Times: Report

  • Blockchain firms' funding skyrockets to 1,668% YoY in Q1 of 2022.
  • CV VC's new fund will invest in 100 startups in Africa.
Monday, 23/05/2022 | 19:41 GMT by Solomon Oladipupo
News

Mastercard Announces Strategic Collaboration with OPay

  • The partnership will facilitate a cashless ecosystem.
  • According to Mastercard, the partnership is an important part of the company’s emerging market strategy.
Friday, 20/05/2022 | 10:34 GMT by Bilal Jafar
CryptoCurrency

MARA to Build Pan-African Crypto Exchange, Advise CAR’s President

  • Coinbase Ventures is one of the top investors backing the startup.
  • CAR is first African country to make Bitcoin a legal tender.
Friday, 13/05/2022 | 15:16 GMT by Solomon Oladipupo
Retail FX

Online Retail Forex: Where Does Africa Stand?

  • Young people are the heart of Africa’s emerging online retail FX industry.
  • However, weak regulations and illiteracy are stumbling blocks.
Thursday, 12/05/2022 | 16:37 GMT by Solomon Oladipupo
Institutional FX

Standard Chartered Plans to Exit 5 African Markets

  • The markets include Angola, Cameroon, Gambia, Sierra Leone and Zimbabwe.
  • Standard Chartered also announced its plan for the Middle East region.
Monday, 18/04/2022 | 08:58 GMT by Bilal Jafar
Executives

Scope Markets Kenya Names New CEO

  • Alex Karanja Njoroge previously worked at ICEA Asset Management as a Financial Advisor.
  • Waiganjo has worked in a variety of sectors for over 19 years.
Tuesday, 12/04/2022 | 23:36 GMT by Felipe Erazo
News

Equinix Completes $320 Million Acquisition of MainOne

  • The acquisition will play an important role in the company’s expansion in Africa.
  • MainOne is headquartered in Lagos.
Tuesday, 05/04/2022 | 10:47 GMT by Bilal Jafar
CryptoCurrency

Canza Raises $3.27M to Offer Crypto Financial Services in Nigeria

  • The crypto 'neobank' was founded by Pascal Ntsama and Oyedeji Oluwole.
  • Canza offers cross-border settlement and treasury management services.
Wednesday, 23/03/2022 | 21:12 GMT by Felipe Erazo
Executive Moves

M4Markets Strengthens African Presence Hiring David Alagbada

  • He headed the African operations for several other brokers.
  • He will now focus on growing M4Markets’ business in African markets.
Monday, 21/02/2022 | 09:37 GMT by Arnab Shome
Retail FX

XTB to Start Forex Trading in South Africa in Second Half of the Year

  • XTB is focusing on developing its forex business in the Middle East.
  • The forex and CFD broker is also keen on offering its products in Africa.
Thursday, 03/02/2022 | 07:35 GMT by Nicholas Otieno
CryptoCurrency

Serena Williams Invests in Nestcoin to Make Crypto Mainstream in Africa

  • Nestcoin Raised $6.45 Million in the latest funding round
  • The funding will enable the African crypto firm to drive crypto adoption.
Wednesday, 02/02/2022 | 07:33 GMT by Nicholas Otieno
News

Equinix to Enter Africa with $350 Million MainOne Acquisition

  • The all-cash deal is expected to close by Q1 of 2022.
Tuesday, 07/12/2021 | 11:19 GMT by Arnab Shome
Thought Leaders

Sheer Markets Expands to Global Markets with New License

  • Amazing new opportunities for traders and investors worldwide.
Monday, 06/12/2021 | 09:24 GMT by Sheer Markets
News

Tanzania to Develop Its Own Central Bank Digital Currency

  • The Bank of Tanzania's Governor said that they have already started the preparations.
Friday, 26/11/2021 | 20:50 GMT by Felipe Erazo
Thought Leaders

How Blockchain is Helping Half A Billion Africans Solve the Identity Problem

  • Governments in Africa are adopting digital systems and blockchain to tackle document and identity fraud.
Monday, 22/11/2021 | 10:49 GMT by Finance Magnates Staff
Thought Leaders

African Startups Are on the Rise. Here's Why

  • Investment is pouring into the continent’s tech sector.
Tuesday, 09/11/2021 | 10:13 GMT by Finance Magnates Staff
Regulation

Zimbabwe to Consider Adopting Cryptocurrencies as Legal Tender

  • The government is already having talks with some members of the crypto industry to assess the matter.
Monday, 08/11/2021 | 16:34 GMT by Felipe Erazo
News

Cryptocurrency Adoption Increases Significantly in Africa

  • The total value of Africa’s crypto market jumped by nearly 1,200% between July 2020 and June 2021.
Wednesday, 15/09/2021 | 08:04 GMT by Bilal Jafar
Thought Leaders

AFEN Blockchain Group Set to Develop Key Areas of the African Continent

  • The introduction of blockchain-based solutions could catalyze the growth of the region’s dwindling economy.
Monday, 23/08/2021 | 14:36 GMT by Finance Magnates Staff
Analysis

Africa – The Land of Future Opportunities?

  • Although not fully regulated, Africa is growing in size on the map of FX/CFD brokers.
Wednesday, 18/08/2021 | 09:19 GMT by Sylwester Majewski
News

Bank of Ghana Signs Partnership with Giesecke+Devrient for CBDC Pilot

  • The e-Cedi CBDC pilot will be conducted under three phases with the support of the German finance firm.
Monday, 16/08/2021 | 21:20 GMT by Felipe Erazo
Thought Leaders

Lirunex Limited Continues Expansion, Adding Africa to its Jurisdictions

  • The broker is on a roll as, eyeing a launch of operations in South Africa and across other regions.
Thursday, 15/07/2021 | 10:20 GMT by Finance Magnates Staff
News

Tanzanian President Urges Central Bank to Prepare for Crypto

  • Recently, El Salvador has given Bitcoin the status of a legal tender.
Monday, 14/06/2021 | 10:35 GMT by Arnab Shome
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