May 2024 marked a significant milestone for the Celo ecosystem as it implemented its first Retroactive Public Goods Funding (RPGF) program. The RPGF pilot was rolled out with a record reward pool of 250,000 CELO to recognize and incentivize the most valued contributions to the Celo community from th
The Pan-African Payments and Settlement System (PAPSS) is set to introduce an African currency marketplace later in 2025, its CEO revealed in a recent interview.
Supported by 15 central banks and already connected with 150 commercial banks, PAPSS seeks to tackle persistent liquidity and currenc
Anchor, a fintech startup from Nigeria, has raised $2.4 million in seed funding led by Goat Capital. With partnerships in embedded finance, it offers APIs for banking and payment solutions, facilitating growth for fintechs and SMEs. Since its launch in August 2022, Anchor has expanded its client base from 30 to 270 and achieved notable transaction volumes.
The FSCA has licensed 75 crypto asset service providers in South Africa, allowing them to offer advice, intermediary services, and investment management. The authority continues to process 374 applications and emphasizes that crypto assets are not recognized as currency.
Nuzo, an eCommerce platform in Kenya, allows users to earn Nuzo tokens while shopping. These tokens can be used for goods, bills, and crypto swaps. The founder emphasizes community ownership to boost eCommerce, addressing challenges faced by other platforms in the country.
في عام 2025، ارتفعت أحجام معاملات العملات المستقرة إلى $33 تريليون، بزيادة قدرها 72% عن عام 2024، مدفوعة بالاستخدام القوي لعملة USD Coin (USDC) وTether's USDT وسط وضوح تنظيمي في الولايات المتحدة، مما عزز أدوارهما في التمويل الرقمي.
A crypto airdrop is an activity typically performed by blockchain-based startups to help bootstrap a virtual currency project. Its aim is to to spread awareness about the cryptocurrency project and to encourage more people to participate in it when it becomes available. Coins or tokens are sent
Paystack has led a consortium to acquire the struggling Nigerian fintech company Brass, enhancing its growth potential with experienced investors. Brass, founded in 2020, focuses on providing financial products for businesses and has seen rapid growth.
EchoVC, a venture capital firm headquartered in Lagos, Nigeria, has announced its maiden blockchain fund ‘EchoVC Chain,’ with a budget of $8 million. The fund is being piloted to support under-represented founders and under-served markets. “Over the past few years at EchoVC, we have become