Opera MiniPay Celebrates Milestone with Over 1 Million Users in Africa
Opera, in collaboration with Celo and Mento Labs, is delighted to announce a significant achievement of surpassing 1 million users of the MiniPay wallet across Nigeria, Kenya, and Ghana. This milestone will be officially celebrated at the Africa Money and DeFi Summit, taking place on February 14-15 in Nairobi, Kenya. MiniPay is a self-custodial dollar stablecoin wallet seamlessly integrated into the…
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First Cohort of Visa Africa Fintech Accelerator Program Showcase Their Solutions at Demo Day in Nairobi
Visa, a world leader in digital payments, held its Africa Fintech Accelerator program first demo day on February 13th in Nairobi to showcase innovations from emerging fintech startups from 18 countries across Africa. Launched in June 2023, the program aims to enable Africa’s expanding startup community by bringing expertise, connections, technology, and investment funding. During…
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Will 2024 be the year of explosive crypto growth? A breakdown of the Bitcoin Halving and other major events
2024 is here, and the cryptocurrency market is abuzz with anticipation of what happens next. Beyond the crypto enthusiasts, the rest of the financial world is keenly focused on Bitcoin and the entire cryptocurrency ecosystem due to its popularity and divisive debates about its future. This year holds the potential to be a watershed moment,…
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Africa Tech Summit Nairobi Announces GIZ as its Gold Sponsor
Africa Tech Summit (ATS) is thrilled to announce the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ GmbH) as a gold sponsor of its sixth edition taking place on February 14th and 15th, 2024 at the Sarit Expo Centre in Nairobi. As a leading global organization promoting sustainable economic development, the GIZ partnership with Africa Tech Summit…
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The State of Crypto in Kenya
Kenya, often hailed as a hub of technological innovation in Africa, is one of the biggest cryptocurrency markets on the continent. Aptly nicknamed the “Silicon Savannah,” Kenya has carved a unique niche in Africa’s burgeoning Web3 landscape. With a tech-savvy population, a vibrant mobile money ecosystem, and a growing entrepreneurial spirit, it presents a compelling…
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Unlocking Prosperity: Creating Meaningful Financial Inclusion in Nigeria
By Tosin Eniolurunda There is one undeniable truth, that even the most ardent of skeptics might actually hold to be true – Nigeria, as Africa’s most populous nation, has the potential to become the greatest country on the continent. From its vast arable land to an enormous population which has a high propensity to be…
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The Future of Payments: What’s Changing in Kenya in 2024?
By Oluwatofunmi Alo In 2023, Kenya’s Central Bank initially projected a robust GDP of 6% in 2024. However, this optimism encountered a reality check driven by unpredictable weather which could affect output from the agricultural sector prompting a downward revision to 5.5%. In this article, we take a closer look at dynamic transformations shaping the future…
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Verdant Capital funds Enable Capital
Verdant Capital is pleased to announce a USD2.5 million revolving credit facility for Enable Capital of South Africa. Enable Capital specialises in providing short-term funding solutions to SME subcontractors involved in the physical construction and deployment of local, regional, and national fibre network infrastructure across South Africa. Enable Capital has built up a successful track record since…
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2024: What is next for the African Web3 Space? Key industry figures predict
As crypto leaders head to Nairobi for the Sixth Africa Tech Summit, this last year may have been relatively quieter for Web3 development on the African continent. Despite the general cryptocurrency market downturn and waning interest in cryptocurrency, some moves were made to push adoption, as discussed in our 2023 African crypto roundup. With the…
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Yellow Card and Coinbase Partner to Expand Access to Digital Assets in Africa
Yellow Card, the largest and only licensed Stablecoin on/off ramp on the African continent, and Coinbase, the leading U.S. cryptocurrency exchange, have partnered to expand and simplify access to USDC and digital assets in Africa. Coinbase has integrated the new Yellow Card Widget, giving Coinbase Wallet customers access to Yellow Card’s extensive network of payment…
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