Btrust, cofounded by Jack Dorsey and Jay Z, acquires African Bitcoin talent development firm Qala The acquisition will see Qala rebrand as Btrust Builders with a new focus on providing training in open-source Bitcoin software development.
A new report says African blockchain firms raised $474 million in 2022, but the methodology is questionable South Africa, Liberia and Kenya led Nigeria for total funding. MFS Africa, Valr, Jambo, Ejara all feature in the report.
Central African countries to ditch French colonial currency The move follows widespread calls for a change of currency and to end French representation in key decision-making bodies
Cardano-focused Adaverse invests in Cameroon-based crypto company Ejara The platform helps French-speaking Africans access crypto saving, investment and cross-border payments.
September 2022 inflation report: Food prices have become Africa’s main inflation driver At least 16 countries on the continent reported inflation rates higher than 10% in Sept. Zimbabwe's inflation rate slowed from 285% in Aug. to 280.4% in Sept.