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…
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By TradingView The creators of the Africa Tech Summit are getting ready to organize the most eagerly awaited event of the year in the African financial sector: the Africa Money & DeFi Summit West Africa 2023. And to ensure the success of this event, the Africa Money & DeFi Summit has partnered with key players…
Read Article → By TradingView The creators of the Africa Tech Summit are getting ready to organize the most eagerly awaited event of the year in the African financial sector: the Africa Money & DeFi Summit West Africa 2023. And to ensure the success of this event, the Africa Money & DeFi Summit has partnered with key players…
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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…
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In a significant move towards expanding cryptocurrency accessibility in Nigeria, Yellow Card, a pioneering African fintech company, has joined forces with MoonPay, a global leader in the cryptocurrency ecosystem. This strategic partnership aims to streamline and enhance the crypto purchasing experience for Nigerians by leveraging local bank transfers. Nigeria has emerged as a powerhouse in…
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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…
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The Africa Money and DeFi Summit, supported by Amazon Web Services, Pivo and Fonbnk, aims to connect African fintech and Web3 industries with international players and will take place in Accra, Ghana on October 3rd and 4th, 2023. With a focus on driving tech investments and fostering collaborations, industry experts, investors, regulators including Bank of Ghana,…
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The partnership includes three parts: first, enabling Alibaba Cloud customers to pay for their Cloud services using Data Mynt’s crypto as currency option; second, listing and selling Data Mynt services to Cloud customers on Alibaba Cloud International Marketplace; and third, bringing advanced, secure and reliable cloud and web3.0 services and technologies to businesses in Africa,…
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Yellow Card has made another significant stride in the industry, becoming the first cryptocurrency company on the continent to be granted a Virtual Asset Service Provider licence to operate in Botswana. The licence, in accordance with Section 11 of the Virtual Asset Act, 2022, was issued by the Non-Bank Financial Institutions Regulatory Authority [NBFIRA] on the 29th…
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Nigerian Banking as a Service (BaaS) startup, Maplerad announced that it has raised $6 million in a seed funding round led by Peter Thiel’s Valar Ventures. Other participants in the round include Golden Palm Investments Corporation, Michael Vaughn (ex-COO, Venmo), Fintech Fund, Babs Ogundeyi (CEO, Kuda) Armyn Capital, Dunbar Capital, Strawhat Investment, Polymath Capital, Unpopular Ventures, Sean…
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