Kenya’s BitPesa has raised $5m from Japanese insurance group Sompo Holdings in a move expected to revolutionize cross-border payments and insurance services globally. Sompo will use Bitpesa’s technology to extend its presence in the international remittance service market and use it for its insurance services. The…
Aeternity Africa, a Nairobi-based blockchain platform is seeking to promote, showcase and demonstrate the disruptive potential of blockchain technology in Africa through its monthly events that bring together entrepreneurs, business leaders and decision makers from specific industries to share with them the…
Recently, Africa has shown to be a fertile ground for Cryptocurrency with several countries such as South Africa, Kenya, Ghana, Zambia, Nigeria and Zimbabwe among others embracing its adoption. There are several reasons to this boom. One of them is the fact…
HTC yesterday launched early access to its first blockchain phone, the ‘EXODUS 1’ at www.htcexodus.com using either BTC or ETH, in an industry first crypto-only payment acceptance. Expected ship date is December, the HTC ‘EXODUS 1’ contains a secure enclave – a locked area on…
Fiat-to-crypto exchange Binance Uganda began accepting deposits and withdrawals of Ugandan Shillings on Wednesday, October 17th. The exchange commenced Know Your Customer (KYC) procedures too and became the first fiat-crypto exchange launched by Binance, the largest cryptocurrency exchange by trade volume. Built on top of technology developed by…
Blockbonds’ SPENN, a Mobile Banking App, banking the unbanked through its blockchain based smartphone app, with current features of opening a bank account, send & receive money and shop in stores – with no transaction fees has added airtime purchase in Rwanda…
Coinfirm along with the Nigerian based KAD ICT Hub and Africa Blockchain Lab launched a dedicated subnetwork of the AMLT Network along with an educational project in which potentially thousands of Nigerians will be trained on how to find, report, and be…
Crypto exchange platform Binance will make a change to its listing fee policy and will starting immediately, and going forward, make all listing fees transparent and donate 100% of them to charity in a bid to fight fraud and increase its charity…
Luno, a bitcoin exchange has launched its new African regional headquarters in Johannesburg, South Africa as a base to reach its 40 other markets it operates in across Europe and Southeast Asia. “We’ve been closely monitoring the rest of the African market and believe…
BitPesa, a digital foreign exchange and payment platform that leverages blockchain settlement to significantly lower the cost and increase the speed of business payments to and from frontier markets has partnered with Japan’s remittance firm SBI Remit to make it easier for Africans…
Block Commodities, a commodity trader operating has partnered with Pure Grow Africa, a supplier of high-quality agricultural produce, to launch the first pilot of a food project commodity cycle ecosystem in Uganda. Pure Grow shares Block Commodities’ values of providing high quality products at fair prices with transparency, and a mission to empower communities with modern technologies for improved agri-business and agro-value chain development. The two parties will also establish a call centre, create and distribute a mobile app, produce and transmit a television show, develop logistics and warehouse protocols and create a ‘fertiliser swap’ opportunity for harvested agricultural products. Pure Grow uses modern technologies and applications to promote economic growth while creating community awareness and shared values. Farmers linked to Pure Grow aim to adhere to the highest standards of food safety, environmental and sustainable policies. Through the agreement, Pure Grow will initially introduce approximately 1,000 farmers and buyers to the Pilot Ecosystem. BlockCommodities will implement and support the Ecosystem by providing finance and fertiliser products, as well as supplying thetechnology. It will coordinate loans in cryptocurrencies (Dala token) for the selected team of farmers from Pure Grow Africa. Farmers will…
Blockbank has purchased a stake in Spire bank to provide international Crypto banking services. Spire Bank will be instrumental in facilitating a wide variety of international Crytpto banking activity in association with Blockbank — to present the world’s first fully licensed crypto…
Citrusxchange Inc., a Canadian Fintech start-up company, has launched its Blockchain based platform catering to small and medium enterprises seeking supply chain financing and invoice financing in Kenya, India, Indonesia and in the UAE. Trading as”Kwikxchange,” the company has launched in India, Kenya, Indonesia and UAE,…
The Legatum Center for Development and Entrepreneurship at the Massachusetts Institute of Technology (MIT), with support from the Mastercard Foundation , has named South African startup Wala as the grand prize winner of the 2018 Zambezi Prize for Innovation in Financial Inclusion. Wala is a mobile financial platform geared toward…
Tmxglobal coin set to be launched in Kenya said to be the the first blockchain cryptocurrency to save the logistic business in Africa from the problems experienced in the import-export sector. So many issues have been discussed around the import export trading…
Mazzuma, an online payments system in Ghana launched in 2015 with a record of over $1 million USD worth of transactions till date and over 26,000 registered users is incorporating Mazzuma blockchain technology through the creation of the MAZ cryptocurrency to enable instant…
ImpalaCoin, an initiative of Kenya’s ImpalaPay powere by the Stellar platform, aims to be the crypto currency powering the Impala crypto financial network working to improve financial inclusion and trade across borders especially in Africa. ImpalaCoin’s primary target is to power trade which is…
Treon (TXO), a “Utilities Token” that securely and seamlessly enables consumers around the world, including the unbanked, to easily manage and pay for their telecom, energy, and water usage is focusing on Africa and the developing world where its services are highly…
As internet penetration grows, paying in cash is slowly giving way to digital payment systems that allows online stores, casinos, and even even restaurants to accept payments from across the world. Online casinos such as CasinoBillions.com, are also not being left behind. The…
Based at the KAD ICT Hub in Kaduna, Nigeria, the Africa Blockchain Lab will bring together world-class blockchain companies working on solutions for African markets. -One of the first initiatives to launch in the Lab is the AMLT Network, the first global…
After launching Bitkoin Africa last year, Timi Ajiboye, has launched BuyCoins, a cryptocurrency exchange platform set to enable users to buy and sell all the other types of crpto coins online and not just bitcoin like it was with Bitkoin Africa, a sister person-to-person…
Cryptocurrency has become the new global digital currency of the 21st century with interesting features like the privacy of the sender & receiver and without the interference of regulations of the third party i.e. Banks. The traditional banking system is governed by…
Despite the drop in the price of Bitcoin, it has become a widely accepted means of transaction. Today, it is no longer strange to get a question like Will you accept Bitcoin? That time is coming when this question will become…
Cryptocurrency burst in the mainstream when the price of one bitcoin (BTC) reached a new all-time high of $19,783.06 spurring a massive worldwide interest in the blockchain-supported technologies. Like betting, the Cryptocurrency craze has caught up with Kenya and is exciting discussions…
AID:Tech, a firm that uses Digital Identity and Blockchain technology to revolutionize how governments, enterprises and NGOs deliver digital entitlements has partnered with PharmAccess Foundation to monitor pregnancies through blockchain technology. Through an initiative called Chain of Trust (CoT), the firm saw their first…
Sun Exchange, a blockchain-based solar micro-leasing marketplace, has appointed Max Keiser and Stacy Herbert known for commandeering successful ventures such as the Keiser Report and Heisenberg Capital to help drive sustainability and equitable distribution of sustainable energy. Other key Sun Exchange advisors include David Orban, a…
KWHCoin is a blockchain based solution for a cost-effective and network incentive based platform to integrate renewable energy and distributed energy resources into the grid. They are developing a model to compensate the value of distributed energy resources at the edges of…
I have a dream that you will soon be paid your monthly salary in Bitcoin…Yeah…I want to be like Martin Luther King who dreamt of an America where whites and blacks are equal. Years later, Barrack Obama became President. Well, that is…
BitMEX (Bitcoin Mercantile Exchange) Bitcoin’s most advanced peer-to-peer trading platform has partnered with Caspian in order to further support and facilitate institutional investment’s move into crypto trading. BitMEX offers 100x leveraged trading of Bitcoin, Bitcoin futures, and swaps, along with altcoin futures for Ethereum, Litecoin,…
