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Nigeria’s Paystack Gets Payment Service Provider Licence from the Central Bank of Kenya

Paystack has received an operating license from the Central Bank of Kenya, allowing it to provide payment services to Kenyan businesses. The fintech, already successful in Nigeria, Ghana, and South Africa, aims to enhance local commerce and offers various payment options, including M-PESA and card payments.
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Conflux Network Partners with China Telecom to Pilot Blockchain-Enabled SIM Card in Hong Kong

Today China Telecom and Conflux Network announce a partnership to bring Blockchain SIM cards (BSIM) to market. The entry-level Web3 product will be the largest blockchain hardware product ever seen globally, involving the most users and applications. China Telecom will launch the first BSIM pilot pr
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IN PICTURES | Gluwa Visits Vice President of Sierra Leone, Proposes Financial Improvement on Mobile Money Via Digital Currencies

Gluwa's CEO, Tae Oh, discussed potential collaboration with Sierra Leone's Vice President to enhance citizens' engagement in the digital economy through innovative financial programs and blockchain technology.
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PROJECT SPOTLIGHT | How Ethiopian RWA Blockchain Startup, WAGA, is Streamlining the Ethiopian Coffee Chain Through Tokenization

Ethiopian startup, WAGA, is looking to tap into the country’s vast agricultural potential by piloting a blockchain-powered platform in the coffee supply chain by mid-2025.
The Co-Founders, Emanuel Acho (PhD) and Hana Terefe, conceived WAGA while interning at Nethermind, a London-based blockchain re
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LAUNCH | EMTECH Launches CBDC Innovation Kit for Fintech Companies After a Successful Bank of Ghana Collaboration

EMTECH has launched a Central Bank Digital Currency (CBDC) Innovation Kit for fintechs and financial service providers to explore new solutions. This follows the Bank of Ghana's regulatory sandbox collaboration with EMTECH to test innovations.
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PARTNERSHIP | British Actor, Idris Elba, Partners with Stellar Network to Explore Blockchain Solutions for West Africa

Idris Elba has partnered with the Stellar Development Foundation to explore blockchain solutions for financial inclusion in West Africa. This partnership aims to bridge mainstream culture and cryptocurrency, highlighting blockchain's potential as a transformative tool for accessibility in financial services.
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LIST | 2 Out of 19 Startups Announced for VISA Africa Fintech Accelerator Cohort 3 are Blockchain-Based

The VISA Africa Fintech Accelerator has announced 19 new startups shortlisted to participate in its bi-annual program.
The startups, drawn from 21 African countries and diverse sub-sectors, from embedded finance and SME lending to digital banking, the startups will gain access to tools,
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LAUNCH | Tether (USDT) Launches Educational Division to Focus on Africa and Other Emerging Markets

Tether has launched Tether Edu, an educational division targeting skill development in blockchain and digital fields in emerging markets. The initiative encompasses various subjects and aims to empower global education.
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REALITY CHECK | Why Reddit Terminated the Crypto Community Points Project and Looks to Reward Users in Cash Instead

According to a post on Reddit by a member of its Community team, the social platform will put an end to its cryptocurrency project, Community Points, due to difficulty scaling it.

According to the post on r/CryptoCurrency by the user u/cozy\_\_sheets , the regulatory environment has added to sca
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FUNDING | 5 African Projects Among the Recipients of $12.8 Million Ethereum Ecosystem Grant Program in Q3 2024

In Q3, Ethereum awarded $12.8 million in grants to 75 companies, including five African firms, to enhance its ecosystem. The Ecosystem Support Program aims to fund projects that strengthen Ethereum and educate developers globally, highlighting increased support for Africa.
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