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Sony Bank plans to launch a U.S. dollar-pegged stablecoin by 2026 for payments within the Sony ecosystem, targeting its significant U.S. customer base. This initiative is part of Sony's broader Web3 push, aiming to improve transaction efficiency and reduce reliance on traditional payment methods.

Safaricom’s M-PESA platform is undergoing a major upgrade to handle unprecedented transaction volumes – planning to double its current peak capacity from 4,000 transactions per second (TPS) to 8,000 TPS by the end of 2026,

In May 2024, Solana saw a surge in token creation with nearly 455,000 new tokens, primarily memecoins, due to simplified processes via the Pump.Fun platform. This trend follows strong performances from other networks like Base and BNB Chain, indicating a shift in token launch preferences.

AI systems are only as good as the data they’re trained on, yet most of this data comes from digital-first countries, creating a global imbalance.
When AI is trained on narrow, incomplete datasets, it reinforces systemic inequalities, produces flawed insights, and excludes billions from the

Egyptian fintech Qardy has raised a 7-figure USD pre-seed investment, becoming the first digital lending marketplace in Egypt and the MENA region for MSMEs. With over 1,000 clients, Qardy facilitates significant loan transactions and plans to expand in KSA and beyond.

Moniepoint Inc., a Nigerian fintech firm, plans to acquire Kopo Kopo Inc., a Kenyan provider of digital financial services. The acquisition has received approval from Kenya's Competition Authority, marking Moniepoint's entry into the Kenyan market to enhance financial service delivery.

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 collabore avec les Nations Unies pour renforcer la résilience des communautés face à la criminalité et à la protection des victimes, suite à une perte importante d'une banque kényane liée au blanchiment d'argent avec le 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.