Verda Ventures partners with Opera to launch $40 million MiniPay fund
The fund will support Web3 startups to build products around Opera’s MiniPay wallet.
Sam Adeyemo
CV VC hires former KPMG and Deutsche Bank employee to lead African investments
Jarryd Kennedy is expected to lead the venture capital firm’s fundraising for an Africa-focused investment fund.
Rwanda to establish crypto regulations in 2025 — NBR
The National Bank of Rwanda said it is in talks with its capital markets regulator create crypto rules in Q1 2025
Tether stablecoin sees increased usage in Africa since January — Chainalysis
This development confirms the growth in the USDT-dominated stablecoin market in Africa since 2022.
Kenya’s apex court upholds 3% Digital Asset Tax
Meanwhile, the KRA said it is working on a system to ensure real-time compliance with the tax regime.
Court sets Gambaryan free as Nigerian government withdraws charges
The EFCC asked the court to release the Binance executive, citing his failing health and behind-the-scenes diplomatic meetings between the Nigerian and United States governments.
Baxi, FairMoney, and KongaPay join Zone’s decentralized payment network
These fintechs follow the steps of other notable Nigerian tradfi banks in implementing Zone’s blockchain-based payments processing network