The African blockchain funding scene: More deals, less volume
Nigeria saw the most deals done, but Seychelles maintained top spot in terms of deal value.
Business
Tether expands African blockchain education initiative with Zanzibar partnership
The USDT issuer also wants to integrate USDT and XAUT into Zanzibar’s local payments system, ZanMalipo.
Xend Finance is enabling cNGN-powered investments in the Nigerian money market
CEO Ugo Aronu says the feature will provide a platform to attract foreign direct investment into Nigeria
Sidebar: How governments can solve blockchain problems in Africa — Web3Bridge founder
Ayodeji Awosika, founder of Web3Bridge, believes that 70% of Nigeria’s problems can be solved if the government steps up to fix just education, infrastructure, and travel policies.
Luno re-enters Kenyan market after decade-long hiatus
Kenyans can now trade BTC, ETH, USDT and USDC with the Kenyan shilling on the exchange
PAPSS rolls out blockchain platform for African fiat exchange
Interstellar says 19 countries and several multinationals now use the African currency marketplace for cross-border transactions.
Visa expands stablecoin strategy into Africa with Yellow Card partnership
Both firms plan to explore opportunities to drive stablecoin adoption in treasury management and cross-border payments across markets where Yellow Card is regulated.