BitKE

Crypto.com has significantly reduced its workforce by over 2,000 employees, contradicting earlier reports of smaller cuts. The company is also scaling back major sponsorship deals, including some in sports, while still planning to sponsor FIFA World Cup 2022.

Ethio Telecom surpassed its revenue target for the year, generating 75.8 billion birr. Key drivers included mobile voice and data services, alongside significant growth in its digital finance platform, Telebirr, which now supports millions of subscribers.

AgriDex, a Solana-based platform, completed its first on-chain coffee trade, connecting the coffee industry to blockchain technology. The transaction, involving Tiki Tonga Coffee, showcased low fees and instant settlements, while AgriDex aims to tokenize global agricultural markets.

The Celo Community has approved the formation of a community DAO in Africa with the stated goal of scaling Web3 to developers and builders at the grassroots.
The proposal, which was made by Khadijah Amusat, went live for community voting on Wednesday 22 February 2023 and passed with

Tether bekerja sama dengan Perserikatan Bangsa-Bangsa untuk meningkatkan ketahanan komunitas terhadap kejahatan dan perlindungan korban, setelah sebuah bank Kenya mengalami kerugian besar akibat pencucian uang terkait stablecoin USDT.

PayBox, a Ghanaian fintech startup, aims to leverage decentralized finance (DeFi) and blockchain technology to enhance cross-border financial transactions in Africa. Co-Founder David Boye-Doku emphasizes the need for financial inclusion and the potential of central bank digital currencies (CBDCs) to facilitate rapid economic growth.

NALA, an East African payments company, has received a payment service provider license from the National Bank of Rwanda. This approval allows NALA to enhance payment capabilities, manage internal disbursements, and improve international payment reliability, supporting the Rwandan economy.

Stripe and Paradigm’s stablecoin-focused blockchain Tempo has launched its first public testnet, marking a significant milestone in its path toward becoming a full-fledged layer-1 blockchain. The open-source testnet is now live, allowing anyone to ‘run a node or sync the chain’ to experiment with it

Egyptian B2B fintech SETTLE raised $2 million in a pre-seed round to enhance its platform for CFOs and business owners, streamlining financial operations and providing real-time data. The startup has processed over $1 million in transactions, aiming to digitize financial workflows in Egypt's cash-reliant market.