🟠 Circle backs CV VC’s $20M African Blockchain Fund
Plus: 🌍 USDC-issuer Circle backs CV VC’s $20M African Blockchain Fund
🇳🇬 Experts call Nigeria’s crypto tax regime “progressive”
Crypto in Africa
Experts call Nigeria’s crypto tax regime “progressive”
At a series of Mariblock webinars last week, experts in tax and digital assets said the new tax laws put a stamp on the legitimacy of the sector.
USDC-issuer Circle backs CV VC’s $20M African Blockchain Fund
Circle joins the Swiss-based venture capital firm to invest in early-stage African blockchain companies over a period of ten years from 2022.
Nigeria set to tax individual crypto transactions and exchanges in 2026
Individual crypto transactions will now be subjected to a maximum of 25% personal income tax on profit made.
Kredete raises $22 million to fuel expansion efforts
The firm wants to launch a host of new products and expand into new markets.
Sub-Saharan Africa now the third-fastest-growing crypto region, Chainalysis
Nigeria led the region with $92.1 billion in value received over the 12-month period, nearly three times that of South Africa.
Superteam Nigeria: Inside Solana’s community-led adoption strategy in Nigeria
The community has incubated several notable projects, including cross-border remittance platform Ribh Finance and WhatsApp-based on- and off-ramp product Azza.