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Bitcoin & Ehtereum Investment Flows, FTSE Goes Crypto, Tom Brady's NFTs + More News
6.12.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._____ ...
Read More: Bitcoin & Ehtereum Investment Flows, FTSE Goes Crypto, Tom Brady's NFTs + More News
5 year study: Can token rewards improve HIV patient outcomes in Africa?
3.12.2021
A Kenyan university and a blockchain healthcare provider will join forces to study whether Africa’s HIV crisis can be helped by using crypto and blockchain technology
Pandemic Drove Adoption but Information Dissemination Just as Important: Kenya-Based Blockchain Advocate
2.12.2021
The adoption of blockchain technology and the use of cryptocurrencies by people in Africa surged to unprecedented levels in 2020. While many have attributed this to Covid-19, blockchain advocates believe their work is partly the reason many are turning to digital currencies. Importance of Education...
Study: 8.3% of Polled South Africans Own NFTs, a Further 9.4% Plan to Buy
29.11.2021
About 8.3% of polled South African internet users own NFTs while a further 9.4% said they plan to acquire such tokens in the future, a study has found. Twelfth-Highest NFT Adoption Rate According to the findings of the latest Finder online survey, about 8.3% of the 1,205 South African internet...
Nigerian Artist Davido Launches Fan Token That Gives ‘Power Back to the Fans’
27.11.2021
Nigerian artist Davido has launched a fan token, the Echoke Social Token, that he says gives “power” to his millions of fans. Eliminating the Middlemen A Nigerian pop artist and celebrity, Davido, recently announced the launch of his fan token, the Echoke Social Token, via...
‘Financial Inclusion’ — A Buzzword for Central Banks Who Secretly Despise Economic Freedom
27.11.2021
The World Economic Forum (WEF) has released its latest report on “digital currency governance” this month, addressing stablecoins, cryptocurrencies, and “barriers to financial inclusion.” Like most central banks, regulators, think tanks, and politicians, the...
Nigerian Crypto Exchange Raises Over $4 Million in Latest Funding Round
26.11.2021
A Nigerian crypto exchange, Busha, recently raised over $4 million in a funding round led by Jump Capital. Busha, a Nigerian cryptocurrency exchange, is reported to have raised a $4.2 million seed funding round recently. These funds, according to the exchange, will be used to expand its operations...
Tanzania reportedly makes plans to launch CBDC
26.11.2021
The central bank has “already begun preparations” for a digital shilling, according to Bank of Tanzania Governor Florens Luoga
Canada & Tanzania CBDC Plans, Celebrity NFT 'Concierge Service' + More News
26.11.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
...
Read More: Canada & Tanzania CBDC Plans, Celebrity NFT 'Concierge Service' + More News
Number of Africa-Based Users on Kucoin Platform Surge by 200% in First 10 Months of 2021
25.11.2021
Despite largely lagging behind the rest of the world on many other metrics, Africa however appears to have taken the lead where cryptocurrency or the blockchain is concerned. Africa-Based Kucoin Users Skyrocket in 2021 In African countries that are plagued by currency woes or hyperinflation...
Founder of Africa-Focused Media Firm Urges Continent’s Governments to Embrace Crypto
23.11.2021
The founder of Africa-focused media and investment company Footprint to Africa, Osita Oparaugo, has urged governments on the continent to embrace cryptocurrency. Africa Must Not Be Left Behind Osita Oparaugo, founder of Footprint to Africa, has argued that a timely embrace of cryptocurrencies...
Nigerian Remittances Rebound as Country Tops Sub Sahara Africa — Sending Costs Still High
21.11.2021
Nigeria is once again Sub Sahara Africa’s biggest recipient of remittances into the region where the money transfers went up by 6.2 percent to $45 billion, a new World Bank report has shown. The Impact of Nigerian Policies on Remittances According to the November 17, 2021 press release, this...
3air Leverages Blockchain Technology to Deliver Extensive Broadband Connectivity in Africa
21.11.2021
The broadband internet connectivity platform, 3air, aims to bring seamless broadband connectivity within Africa. The recently announced platform recognizes the internet connectivity issues and the enormous interest in blockchain technology on the African continent. 3air solves the connectivity...
Funding platform Orica partners with NGO to use NFTs to build a school in Uganda
19.11.2021
Proceeds from Orica’s NFT auction at Malta AI & Blockchain Summit hope to fund Ssese Islands education
South African Fintech Raises $120 Million in Funding Round Led by Fidelity
14.11.2021
A South Africa and London-based fintech startup, JUMO, recently revealed it has raised $120 million in a funding round led by Fidelity Management & Research Company. AI-Powered Financial Services According to a report by Techcrunch, financial services giant Visa and Kingsway Capital also...
Report: Traditional Banks in Africa Hold Trust Advantage Over Fintechs
13.11.2021
A recent report by CR2 on Africa’s fintech transformation suggests traditional financial institutions can still be a part of the fintech financial revolution if they leverage one of their most significant assets: client trust. Partnerships Between Banks and Fintechs The report urges...
Analysts: Lack of Trust in Nigerian Government an Impediment to CBDC’s Success Prospects
12.11.2021
While Nigerians have seemingly embraced the Central Bank of Nigeria (CBN)’s digital currency, skeptical analysts believe a lack of trust in the government will ultimately limit the e-naira’s prospects for success. Threat From Fintech Startups In addition, some analysts insist...
Zimbabwe minister signals CBDC interest amid Bitcoin adoption rumors
10.11.2021
Minister Monica Mutsvangwa clarified that Zimbabwe is not considering the adoption of cryptocurrencies or Bitcoin
Latest West Africa Art Fair Features NFTs, Organizers Highlight Importance of Blockchain
9.11.2021
The organizers of Art X Lagos, a West Africa art exhibition, recently kickstarted a non-fungible token (NFT) art fair that features the works of African artists drawn from more than six countries. Blockchain Provides Important Opportunity for Artists In a statement made on Art X Lagos’...
Zimbabwe may be the next country to embrace Bitcoin as legal tender
8.11.2021
Zimbabwe is currently engaged in consultations regarding growing interest in crypto and the potential risks