Five African projects receive grants from Interledger Foundation
The projects are to build financial services products on the Interledger protocol.
Kenya
Nigeria beats Kenya in Mara’s blockchain hackathon
The participants built USDC-enabled payment tools that use M-PESA and USSD as on- and off-ramp rails.
Kenya’s central bank governor: ‘A lot of people have been pushing me to put our reserve in bitcoin’
Njoroge told the country's legislators during a recent induction retreat in Nairobi.
August inflation watch: High food prices plague African countries
Zimbabwe continues to experience hyperinflation while other countries on the continent struggle to rein in rising consumer prices.
July inflation watch: African countries continue to grapple with high inflation
At least 15 African countries reported inflation rates of over 10%. Zimbabwe continues to experience hyperinflation.
Cardano's developer IOG invests in Kenyan fintech Pezesha
The participation of blockchain-focused entities suggests that the fintech company now employs decentralized finance protocols as a source of debt finance.
Algorand and Boston University want to increase access to machinery for African farmers
Algorand Foundation will provide funds for Boston University and an African agric-tech company to develop a blockchain-based application to connect farmers to tractor owners.