🇲🇦NORTH AFRICA | #Morocco Unveils a $1.1 Billion Digital Morocco 2030 Strategy with DLT Being a Key Focus Technology One of the primary objectives of the Digital 2030 strategy is to elevate Morocco’s position in the United Nations Online Services Index, moving from 100th to

#TBT | One Year Ago Today

🇪🇹REPORT | Stablecoin Transfers Account for 43% of All Crypto Transfers Across Africa, #Ethiopia is Fastest-Growing Market, Says Chainalysis According to Chainalysis, Ethiopia has become the continent's fastest-growing market for retail-sized stablecoin transfers, experiencing a

CALL FOR APPLICATIONS | Bloomberg Announces the Inaugural ‘Africa Startups to Watch List’ The selected startups will be unveiled in the first quarter of 2025, with profiles featured on Bloomberg TV and its other platforms. bitcoinke.io/2024/10/bloomb… Bloomberg Bloomberg Africa

Congrats to Payd HQ for this achievement! It is estimated that there are over 1.2 million online freelancers in Kenya and over 80 million in Africa making #PayD an innovative solution that serves this growing userbase. This is the second grant win for PayD following their

🇹🇿REGULATION | Digital Lending Platforms Must Now Indicate They Are Registered by the Regulator, Says Bank of #Tanzania Existing licensed microfinance service providers who intend to offer digital loan products and services, are required to apply to the Bank for a no objection

🇪🇹 [EVENT] AFRICA BITCOIN MINING SUMMIT 2024 The event, organized by Gridless is currently ongoing in Addis Ababa, Ethiopia Did You Know? Ethiopia is home to the most #Bitcoin hashrate Africa. shorturl.at/vCR6V

🇰🇪INFLATION | Kenya Inflation Drops to 3.6% in September 2024 – The Lowest in 12 Years The Kenyan Shilling (KES) has made a remarkable recovery, going from being one of the world's worst-performing currencies to the best-performing against the dollar this year [2024], according

🇿🇦MILESTONE | South African NeoBank, TymeBank, Continues Rapid Growth After Crossing 10 Million Users TymeBank is not just a digital bank but a hybrid bank, which is one of the factors for its success. Its so-called ‘phygital’ operating model, which integrates digital banking

🇹🇿[EVENT: OCTOBER 24 2024, TANZANIA] | EAVCA 4th Private Capital in Tanzania Conference The conference will gather industry leaders, investors, policymakers, and stakeholders to explore the latest developments, opportunities, and challenges in Tanzania’s private equity

🇰🇪CALL FOR APPLICATIONS | Latitude59 Kenya Edition 2024 is Seeking B2B African Startups with Traction This marks the second year of Latitude59's exciting satellite event in Nairobi, following 2023's successful gathering that drew nearly 800 participants from across Africa and

🇪🇬 🇩🇿🇲🇦NORTH AFRICA | Out of The Top 10 Largest Crypto Markets in the #MENA region, 3 Are African Centralized exchanges remain the primary source of crypto inflows across MENA overall, indicating that most users and institutions still prefer traditional crypto platforms.

🇿🇦FUNDING | South Africa Infrastructure Fintech, Scale, Raises $700K in Funding Africa has the lowest payment card penetration per capita globally, with the region's numerous fintechs not finding it easy to launch and sustain card-issuance operations. bitcoinke.io/2024/10/scale-…

🇰🇪TAXATION | Blockchain Can Simplify Tax Compliance, Says #Kenya Finance Minister The Minister highlighted how innovations like digital #taxation platforms, #blockchain, and electronic invoicing systems can simplify compliance, improve trade transparency, and integrate the

#TETHER | 2024 #Coinbase Global will delist all unauthorised stablecoins from its crypto exchange in the European Economic Area by year-end [2024], a potential blow for tokens like Tether Holdings $USDT. The European Union is set to fully implement new rules to oversee the

🇿🇦REGULATION | South Africa’s Ovex is the First Crypto Exchange to Receive a Notice of Forfeiture from the Central Bank Regulation 22A of the Exchange Regulations permits the National Treasury to confiscate assets connected to or suspected of being linked to violations of

For clarification Nick Bergonzoli here is the notice and order of forfeiture, with additional details, from the Reserve Bank of South Africa as highlighted in the article.

FINTECH AFRICA | ‘We’re Yet To Scratch the Surface in Africa,’ Says CEO Of Africa’s Most Valuable Startup Flutterwave For Business (FFB), which banks, startups, and companies in e-commerce, transportation, and FMCG use  to accept payments, generates 90% of the fintech’s