Nigeria leads stablecoin adoption with $22 billion in transactions
According to the study, stablecoins accounted for 43% of total crypto transaction volume in sub-Saharan Africa in 2024.
INTERPOL-led operation in Africa recovers $97 million
South Africa to introduce cross-border crypto framework in 2025
Ethiopia halts new crypto mining permits as power capacity reaches limit
Stablecoin flows in Africa hit 6.7% of GDP in 2024 – IMF
HoneyCoin secures $4.9M in seed funding for stablecoin-focused payment platform
Top 5 sites to convert BTC to naira
Business
HoneyCoin secures $4.9M in seed funding for stablecoin-focused payment platform
The company announced that the new capital will be used to accelerate HoneyCoin’s scaling plans, expand its product suite, hire senior talent and strengthen compliance and licensing capabilities.
Western Union is working on stablecoin settlement systems in Africa — CEO
Xend Finance users can now invest in tokenized U.S. assets via Risevest — but regulation limits access across Africa
Kaleo Ventures backs Cr3dentials’ decentralized income tool
DR Congo launches blockchain-based platform for diploma verification
The African blockchain funding scene: More deals, less dollars
Tether expands African blockchain education initiative with Zanzibar partnership
Policy
South Africa to introduce cross-border crypto framework in 2025
It will set parameters, conditions, administrative responsibilities, and reporting requirements for cross-border crypto transactions.
Ethiopia halts new crypto mining permits as power capacity reaches limit
DR Congo launches blockchain-based platform for diploma verification
Bank of Ghana asks VASPs to register as regulations ramp up
Bank of Ghana warns against Yellow Pay, Yellow Card responds
PwC lends weight to crypto lobby against Kenya’s digital asset tax
South African court rules that crypto is not subject to exchange control regulations
technology
Bank of Ghana warns against Yellow Pay, Yellow Card responds
BoG claims Yellow Pay is offering digital payment services, crypto trading, and stablecoin-based remittances without proper licensing.
CAR to tokenize 1,700 hectares of land using meme coin
Stripe goes global with stablecoins — but skips Africa’s big four
State of fiat
Kenya fails IMF review, forfeits $850M disbursement
The East African country is now seeking a fresh credit program from the IMF.
Kenya and Namibia join 10 African countries on FATF grey list
Nigeria seeks $1.5 billion World Bank loan to ease forex shortage
Ethiopia faces challenges as it integrates into BRICS
IMF approves Kenya’s financial package of $941 million
IMF set to review Ghana’s second loan payout of $600 million on Friday
Four reasons Ghana is developing the eCedi CBDC
Enterprise
Pan-African bank Absa wants to digitize trade finance with blockchain
The bank will be able to adopt a digital process for issuing letters of credit
Exclusive: How blockchain is processing $1 million worth of ATM transactions daily in Nigeria
Mastercard launches tool to fight cryptocurrency fraud
BlackRock enters the cryptocurrency market with its bitcoin private trust
