Blockchain property tech startup raises $400,000 in funding
African startup HouseAfrica has raised investment from Future Africa, CV CV and others to push its new product Sytemap.
Business
Peer-to-peer bitcoin exchange Paxful suspends operations amid cofounder legal troubles
CEO Ray Youssef announced the news via a website statement, noting he is unsure whether operations will resume.
Crypto exchange Bybit partners Nigeria-based Innovation Growth Hub for blockchain education
“Our goal is to give young people the knowledge and skills they need to understand and engage with blockchain technology,” a Bybit spokesperson said.
Stellar Network and DFS Lab launch fund to support African fintech startups
The fund will back startups building digital payment solutions on the Stellar blockchain.
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
Cardano-focused Adaverse invests in Cameroon-based crypto company Ejara
The platform helps French-speaking Africans access crypto saving, investment and cross-border payments.
Nigeria launches a $618million fund for the tech and creative sectors
The fund was launched in collaboration with the African Development Bank and other private sector stakeholders.