Fonbnk, a renowned African DeFi organization, has officially announced a partnership with Avalanche, a crypto firm. Fonbnk will make its no-code, low-code,...

MPESA was the first iteration of decentralized finance that allowed individuals to bypass the hectic processing of bank transfers ushering in mobile money. ...

Chi Nnadi founded the African fintech, MARA, in April 2021 as a part of a move to prompt the African crypto ecosystem Mara's...

Hilda Moraa started Weza Tele, a mobile solution firm in distribution, supply and financial services Chipper Cash's innovation came to fruition when the...

DeFi in Africa focuses on creating an immutable financial system that defies today's traditional financial system Mpesa made it easier by introducing digital...

Eventually, DeFi inventors and regulators must collaborate to grow this technology throughout Africa for optimal benefits. DeFi might provide inexpensive and quick liquidity pools for African merchants and SMEs, faster transactions, and enhanced security. And, for the last mile, DeFi may provide blockchain-based financial services that are inexpensive, if not free, quick, and accessible through any mobile phone.

Mastercard has introduced a new piece of secure crypto software that will assist banks in identifying and blocking transactions from fraudulent crypto exchanges ...

Like many other crypto economy areas, regulation remains a significant concern. No specific rules govern and address tokenized real-world assets and linked on-chain loans. Regulators have highlighted worries about the industry’s immaturity, the volatility of connected assets, and the possibility for these products to operate illegitimately. At the moment, the most that users and service providers can do is to remain as compliant as possible while getting ready to cope with new requirements when they emerge. In other circumstances, authorities tackle the problem by applying current financial laws to tokenized assets or altering existing rules to fit them. When clear regulatory guidelines are in place, it may unleash a surge of institutional capital into DeFi credit services. This might usher in a new DeFi boom when the crypto yield landscape feeds on real-world revenue.

Empowa believes that by tackling the funding problem in housing, especially in Africa's hostile credit markets, we can build a better Africa ...

The Africa Money and DeFi Summit bring in critical stakeholders, including tech corporates, mobile operators, fintech, DeFi & crypto ventures, investors, and leading...

In contrast to the traditional financial system, DeFi gives individuals greater control over their assets and the ability to choose how to invest them without relying on an intermediary.

DeFi in Africa doesn’t only take power away from traditional governmental institutions and corporations, it also may provide an opportunity for underrepresented groups to...