Nigeria Leads Africa in Web3, Adds 4% of Global Devs in 2024
by Nigeria has emerged as Africa’s powerhouse in the Web3 space, contributing a remarkable 4% of all new Web3 developers worldwide in 2024. This milestone positions …
Tag: Africa
Stitch Raises $50M Series B to Accelerate Payment Solutions in Africa
by Stitch, a leading South African payments infrastructure startup, has secured $55 million in a Series B funding round. This significant investment marks a pivotal moment …
PayPal and TerraPay Partner to Boost Cross-Border Payments in MEA Region
PayPal and TerraPay have announced a landmark partnership to transform cross-border payments across the Middle East and Africa (MEA). This collaboration is set to empower …
Somalia Grants Operating License to Elon Musk’s Starlink
In a landmark decision, Somalia’s National Communications Authority (NCA) has officially granted an operational license to Elon Musk’s Starlink. This move positions Somalia as the …
Nedbank to Launch Trailblazing Smart Contract App for Agriculture
South Africa’s Nedbank is making waves with its upcoming smart contract app for agriculture, designed to transform how farmers manage contracts, payments, and supply chains. …
Afrik DeFi to Engage Policymakers at WEF AI Summit in Rwanda
Afrik DeFi is set to make waves at the World Economic Forum (WEF) AI Summit in Rwanda, a landmark event that will bring together policymakers, …
Nigeria and South Africa make up half of Africa’s 22 billionaires.
According to the latest Forbes rankings, Africa’s 22 billionaires have collectively amassed a record-breaking fortune of $105 billion for the first time in history. Nigeria …
Mastercard Drives Africa’s $1.5 Trillion Digital Payment Surge
Mastercard is spearheading Africa’s digital payment transformation, with the continent’s digital payments economy projected to hit $1.5 trillion by 2030. This growth is fuelled by …
Africa Social Impact Summit to Address Climate Crisis and Foster Growth
The Africa Social Impact Summit (ASIS) is gearing up for its fourth edition, set to take place on July 10-11, 2025, in Lagos, Nigeria. Co-convened …
Google officially launches its cloud region in Johannesburg
Google has officially launched its cloud region in Johannesburg, marking a significant milestone in its ambitious $1 billion investment plan to transform Africa’s digital landscape. …