Beyond all the hype, blockchain technology has multiple use cases that could bring positive changes to various sectors on the African continent. Some critics dismiss blockchain technology or reduce its application to only cryptocurrencies. However, the application of blockchain tech has evolved over the years with more attempts to create real-world impacts. In this article,…
Read Article →
Opera, a global web innovator, unveils MiniPay – a blockchain-based wallet built on the Celo blockchain. Directly integrated into the Opera Mini browser, MiniPay makes it easier and more affordable for individuals across Africa to acquire and to send or receive stablecoins – simply by using mobile phone numbers. Leveraging the unique benefits of Celo’s…
Read Article →
The Hedera network, the most used, sustainable, enterprise-grade public ledger for the decentralized economy, has been named to the Constellation ShortList™ for Blockchain Services in Q3 2022. The technology vendors and service providers included in this program deliver critical transformation initiative requirements for early adopters and fast-follower organizations. Hedera offers a range of different DLT services that…
Read Article →
Dedicated Swiss blockchain investor Crypto Valley Venture Capital (CV VC) and its ecosystem company CV Labs have opened CV Labs Cape Town, the African region’s first in situ blockchain incubation and ecosystem hub. As an initiator of Crypto Valley, Switzerland – the world’s most mature blockchain hub, with an admirable regulatory landscape and 14 blockchain…
Read Article →
It’s almost 2024, and everyone is making projections into the new year. 2023 continued Africa’s study growth in the Web3 industry with more adoption and innovation. The list of African-owned or based Web3 projects continues to increase as various innovators find ways to use blockchain technology to fix some of the biggest issues on the…
Read Article →
Ghana is one of the bright spots in Africa’s cryptocurrency story. The West African country has often been touted as a state with immense potential and one of the candidates for major cryptocurrency adoption on the continent. In this article, the Africa Money & DeFi Summit looks at the state of the cryptocurrency industry in…
Read Article →
Africa Money and DeFi Summit has announced nine ventures selected to showcase their cutting-edge Web3, Blockchain, Fintech, and Decentralised Finance (DeFi) businesses to investors and industry leaders, live on stage, in Accra, Ghana on October 3rd and 4th. With a focus on forging connections and bridging the gap between African ventures, corporates and global investors,…
Read Article →
The African financial system is broken and requires innovation to fix it. Despite attempts by new financial technology firms to fill the gaps that exist, the foundation of the entire ecosystem, which is traditional finance backed by government-issued currencies and institutions, has left some gaps still wide open. The creation of blockchain technology and the…
Read Article →
The African cryptocurrency market continues to evolve as more people adopt cryptocurrencies, new companies are started, and regulators make new pronouncements. Despite the evolution, more has stayed the same regarding the spread of adoption geographically. In this article, we explore the top cryptocurrency markets in Africa in 2023. Since cryptocurrency adoption on the continent became…
Read Article →
By: Ebenezer Ghanney, Co-founder and CEO of Wewire Africa. Cross-border payments have long been a challenge for individuals and businesses in Africa seeking to engage with tier-one countries such as the United States, the United Kingdom, and Europe. The complex web of regulations, high costs, and limited access to traditional financial services have hindered economic…
Read Article →