Binance to Tighten SA Crypto Rules by April 2025
by Binance, the world’s largest cryptocurrency exchange by trading volume, is set to introduce sweeping changes to its compliance procedures for South African users. The new …
Tag: tech
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 …
Tensions Around Elon Musk Cloud Efforts to Launch Starlink in South Africa
Efforts to bring Elon Musk’s Starlink satellite internet service to South Africa have hit significant roadblocks. Regulatory hurdles, accusations of favouritism, and political tensions have …
Chinese automaker launches new models in South Africa, expands in Africa
Chinese automakers are making bold moves to solidify their presence in South Africa, unveiling new models and expanding their reach across Africa. With innovative designs, …
Nvidia Teams Up with Cassava for $720M AI Factory in Africa
Nvidia and Cassava Technologies have announced a groundbreaking partnership to establish Africa’s first artificial intelligence (AI) factory. With an investment of up to $720 million, …