LUNO: Who is buying crypto in Africa? The average African crypto buyer is most likely to be male, spends about $20 USD on the first purchase and holds onto it for about 9 months, according to data from Luno, a crypto platform with over 10 million customers in 40+ countries. Interest in crypto is rising…
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Founded by Joshua King in 2021, Ayoken, the first platform for buying exclusive digital collectables, and social tokens from the musicians, sports brands, creatives, and influencers from Africa, and the global diaspora, has launched its own NFT Marketplace after raising $1.4 million in its pre-seed funding round. Investors that participated in this round include Founders…
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Panel session at Africa Tech Summit Nairobi Exploring Fintech for Resilience. The panelists discuss the impact FinTech has had on the climate risks faced by households and small businesses across the continent, and what affordable and accessible solutions are available for these vulnerable communities. Panelists Emilie Blauwhoff, Co-Founder & COO – TopUp Mama Dave Okech,…
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Kenya’s biggest telecommunications operator, Safaricom, has launched a virtual payment card with Visa Inc, offering the more than 30 million users of its M-Pesa payments system access to global e-commerce platforms. The launch of the M-Pesa GlobalPay Visa virtual card follows a partnership between the two companies forged in 2020 to develop “products that will…
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