Tag: Industry Talk

Flutterwave secures two digital currency licenses from Rwanda

On March 15th 2023, Flutterwve fintech announced it had received two new digital currency licenses from the National Bank of Rwanda. Fluttwave fintech...

Emurgo Africa-Kepple Africa Ventures merge to fund tech startups in 36 African countries

Kepple Africa Ventures is a VC funding company located in Tokyo, Japan focused on African tech startups. On September 2022, Emurgo Afica and...

Blockchain technology transforming Africa’s real estate Industry

Africa is home to 60% of the world's youth population, which means that by 2050 Africa, will effectively be one of the...

Blockchain-as-a-Service potential to transform Africa’s business sector

The Blockchain-as-a-Service model takes care of all the additional tasks that typical African business models would struggle to accomplish. According to MarketsandsMarkets,...

FTX Expansion into Africa: A new initiative to regain its former glory

As the FTX crypto exchange tries to recover from last year's crash, it has turned its attention towards Africa's crypto ecosystem. In search of more African crypto ambassadors, FTX is now targeting the high youth count within the continent. They stated that each student that referred their fellow peer to trade with the already bankrupt crypto exchange would receive a 40% commission. Some claim this is a strategic move from the former titan to gain momentum through African crypto traders. Others claim it is a mere act of desperation.

Blockchain in the energy Industry; transforming the globe directly

In Africa, Blockchain has led to an increase in financial inclusion from 40% to 77%  in the last decade. Ethereum yielded an estimated...

Digital KYC system ability to revolutionize the African Fintech Industry

It is a standard implemented in investments, Fintech and blockchain startups that can verify a customer's identity and know their investment knowledge, pattern...

Chipper Cash forced to lay 12.5% of its staff

In 2021, Chipper Cash application had over 4 million active users across Kenya, Uganda, Rwanda, etc. Chipper Cash fired more than 12.5%...

Kraken crypto exchange fined US$30 million for violating crypto regulations

On February 9, the US SEC stated that Kraken had failed to register offer and sale of their crypto staking-as-a-service. The Kraken crypto...