News about AFRICA

News about Africa

Opportunities For Bitcoin Remittance in West Africa - Bitcoin Magazine

Opportunities For Bitcoin Remittance in West Africa& & Bitcoin Magazine

Opportunities For Bitcoin Remittance in West Africa

Africa stands at the cusp of a financial revolution as Ecowas region financial ministers and central bank governors advanced plans to launch the single currency initiative, known as the ECO. The Economic Community of West African States (ECOWAS) prom...

Egyptian AI Startup Gets $2M for GCC, Africa Expansion

Egyptian artificial intelligence firm Synapse Analytics has secured $2 million to expand into the Gulf Cooperation Council region and Africa. The company has partnered with major banking product providers such as AWS, Crealogix, and TUMM. Using AI to...

East African Scientists Use AI for Accurate Extreme Weather Forecasts

Climate scientists in East Africa are integrating artificial intelligence (AI) into traditional weather forecasting methods to enhance the accuracy of extreme weather predictions. The region faces increasing frequency and severity of extreme weather...

Tether (USDT) and Xion Global Partner to Boost Blockchain Education in South Africa

Tether and Xion Global have announced a strategic partnership to enhance blockchain education in South Africa, aiming to improve digital transaction capabilities. (Read More)

Binance P2P Expands Trading Pairs with African Fiat Currencies

Binance P2P now supports trading pairs for Solana, TRON, USD Coin, Worldcoin, and Ripple against various African fiat currencies. (Read More)

Pan-African Tech Firm Cassava Technologies Launches AI Unit

Africa-focused technology and data services firm Cassava Technologies has created a separate business unit to oversee its artificial intelligence (AI) operations. The AI unit will offer data center, cloud, cybersecurity, fiber connectivity, and renew...

South African Crypto Asset Marketplace Initiates $1.64 Million Capital Raise

The South African decentralized cross-asset marketplace Mesh.trade has facilitated a $1.64 million (ZAR30 million) capital raise for a reverse mortgage provider. The capital raise allows the provider to offer homeowners the potential for lucrative re...

Canza Finance Partners With Stablecoin Issuer to Bring Efficient Financial Solutions to Africa

Canza Finance has partnered with stablecoin issuer WSPN to provide secure and efficient financial solutions to users in Africa and other emerging markets. With the integration of WUSD into Canza Finance’s ecosystem, African users will be able to smoo...

Huawei Aims to Drive AI Adoption in Africa With Data Center Expansion

Chinese tech giant Huawei says it will leverage its experience to help African customers. The company aims to achieve this by providing storage products and services to manage data. Huawei will also offer cloud services to support African businesses....

Study: AI Success in Africa Depends on Availability of Local Language Data and AI Talent

According to the latest Global System for Mobile Communications (GSMA) study report, the success of artificial intelligence (AI) in Africa hinges largely on the availability of local language data and addressing the AI skills gap. The report urges Af...

South African Startup Neonomad to Launch Rand-Backed Stablecoin

Neonomad, the South African hybrid exchange platform, is set to launch Zarcoin, a stablecoin tied to the South African Rand. This innovative stablecoin epitomizes the seamless integration of regulatory safety with decentralized efficiency. Neonomad’s...

African Union Approves Continent’s Artificial Intelligence Strategy - Bitcoin.com News

African Union Approves Continent’s Artificial Intelligence Strategy& & Bitcoin.com News

African Union Approves Continent’s Artificial Intelligence Strategy

The African Union (AU) has approved its Continental Artificial Intelligence (AI) Strategy and African Digital Compact to drive Africa’s digital development. These initiatives aim to accelerate digital transformation by leveraging new technologies whi...

Africa’s Blockchain Funding Drops to 1.3% in 2023, Deal Share Rises – Report

In 2023, Africa’s share of global blockchain venture deals rose marginally to 1.3%, but the continent’s total funding dropped from 1.6% to 1.3%. Only South America’s share of blockchain funding ranks below Africa’s share. The continent achieved an al...

South African Exchange Luno Leverages Fireblocks’ Enterprise-Grade Digital Asset Platform

South African crypto exchange Luno has announced that it is integrating its platform with Fireblock’s enterprise-grade digital asset transfer platform. Aleks Andjelopolj suggested that leveraging Fireblocks means Luno users will experience the...

South African Travel Fintech Turnstay Secures Funding for Regional Expansion from DCG, DFS Lab

Venture capital firms DFS Lab and Digital Currency Group (DCG) recently invested $300,000 in Turnstay, a South African travel-focused fintech startup. Turnstay aims to simplify payment procedures for international travelers by leveraging a global net...

AI Preparedness Index: South Africa Best Prepared African Country; Nigeria Ranks Outside the Continent’s Top 7

The latest International Monetary Fund (IMF) Artificial Intelligence Preparedness Index reveals that only seven African countries have preparedness indices of 0.4 or more. South Africa leads the continent with a score of 0.5, while the Republic of So...

Ultra Conservatism: A Hindrance to Africa’s Economic Progress and Development

Many African countries have adopted an ultra-conservative approach when dealing with revolutionary innovations. However, this has largely left residents behind and stifled talent. As a result, many countries are no closer to attaining ambitious goals...

Cryptocurrency startups surge in Asia, Africa in 2024.

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How South America and Africa are mining Bitcoin for free

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Emerging Digital Asset Trends in Africa: A Closer Look

Explore the key digital asset trends in Africa, including the rise of cryptocurrency adoption, regulatory advancements, and the role of technology providers. (Read More)

BITCOIN This Week: Dip Memes, MTGOX Coins Moving, Germans Sell, ETF Paper IOU's, Saylor, African Bitcoin Mining & More

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South Africa Approves 63 Crypto Asset Service Provider License Applications

South Africa’s financial services industry regulator announced on July 2 that it had approved an additional 63 crypto asset service provider license applications. The Financial Sector Conduct Authority (FSCA) has received a total of 383 applications,...

South Africa Approves 63 Crypto Asset Service Provider License Applications – Africa Bitcoin News - Bitcoin.com News

South Africa Approves 63 Crypto Asset Service Provider License Applications – Africa Bitcoin News& & Bitcoin.com News

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