Circle and Onafriq partner to cut Africa’s payment costs with USDC.
by Circle, the global leader in stablecoins and issuer of USDC, has announced a groundbreaking partnership with Onafriq, Africa’s largest payments gateway. Together, they aim to …
Tag: Africa
Kenya set to overtake Ethiopia as East Africa’s top economy.
Kenya is on the brink of a historic economic milestone. According to the International Monetary Fund, Kenya is set to surpass Ethiopia and become East …
DeFi, SovFi, and NSE to launch Kenya Digital Exchange (KDX).
The Kenya Digital Exchange (KDX) is set to revolutionize Africa’s financial landscape. This landmark initiative is a strategic partnership between DeFi Technologies, SovFi Inc., Valour …
Only 38% of Africans used the internet in 2024 — ITU.
The International Telecommunication Union (ITU) has released a sobering report showing that only 38% of Africa’s population was online in 2024. This figure is significantly …
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 …
Stitch Raises $50M Series B to Accelerate Payment Solutions in Africa
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, …