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STABLECOINS | Tether Invests in Kenyan Crypto On-Off-Ramp, Kotani Pay
Tether has invested in Kotani Pay, a Kenyan crypto startup, as part of a strategic Tier 2 investment to enhance partnerships in the growing on-chain economy in Sub-Saharan Africa. This collaboration aims to improve digital asset access and cross-border payments.
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CALL FOR APPLICATIONS | Announcing the $5 Million Core Africa Innovation Fund – Empowering Local Web3 Builders
Core DAO is excited to introduce the African Innovation Fund, a groundbreaking initiative to provide resources and networks to support local Web3 builders and projects across the African continent. This new fund is set to foster innovation, sustainability, accessibility and growth within the African
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Flex ID Partners With Uhuru Crypto Wallet to Launch Digital Identity, Remittance Platform for Zimbabweans in South Africa
Zimbabwean startups Flex ID and Uhuru Wallet have launched an integrated digital identity and remittance platform for Zimbabwean immigrants in South Africa, targeting high fees and financial service access. This marks their first cross-chain collaboration leveraging blockchain technology.
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FUNDING | Ivory Coast Fintech, Djamo, Raises $17 Million After Surpassing 1 Million Customers and Serving Over 10,000 SMEs
Ivory Coast fintech startup Djamo raised $17 million for expansion in mobile banking services across Francophone Africa, aiming to enhance financial inclusion for the underserved and accelerate growth in the region.
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SteemIt, an Early Blockchain Social Media Platform, Claims Over 14% of its User Base is Nigerian
Steemit, one of the earliest blockchain-based social media platforms, says it has now surpassed 1 million registered users globally. According to the company, 14.4% of these users – over 140,000 – are Nigerians, making the country one of its fastest-growing markets.
The platform, which rewards user
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Meta Says it is Pausing its Venture into the NFTs Space
Meta is halting its NFT initiatives to concentrate on more impactful areas, focusing on enhancing creator and business connections. Despite initial plans for an NFT marketplace, the company will now prioritize messaging and monetization opportunities.
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LIST | Top 10 Nigerian Banks with the Highest Mobile App Downloads as of May 2025
In Nigeria’s fast-evolving digital financial landscape, mobile banking apps have become essential tools for enhancing customer experience, expanding access, and deepening financial inclusion.
These applications empower users to conduct a wide range of banking transactions — from transferring
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