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…
Ideanomics, a New York-based Platform-as-a-Service (PaaS) solutions fintech and asset digitization services firm has entered into a joint venture agreement with TPJ Ltd, to create Ideanomics Resources LTD a U.K. company based in London to unlock value in the commodities and energy sectors in Africa and…
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…
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,…
Overstock.com, Inc. has announced that its blockchain-property rights subsidiary, Medici Land Governance, has partnered with the Ministry of Land and Natural Resources in Zambia, to develop a program for systematic land governance within the country. Zambia, like many other developing countries around the…
TransferTo has partnered with Stellar.org to further enhance the way in which money is transferred across borders. Under this collaboration, financial institutions and partners of both Stellar.org and TransferTo will benefit from the combined network coverage, and be able to leverage new technologies to send and…
UTU Technologies has joined ÆTERNITY Ventures as part of ÆTERNITY Starfleet Incubator to deliver its proprietary trust recommendations to decentralized applications including its flagship operation in Kenya, MARAMOJA transport. The machine-learning algorithm optimized for trust, aims to disrupt the ubiquitous systems of…
ModulTrade creates a foundation for the launch of ModulTrade blockchain based smart-contract platform (MT WALLET and MT MARKET) in the African continent after signing agreements with leading financial & logistic organizations and meeting with an Ambassador of the Russian Federation, Vladimir Baikov. Logistics company SIMAT, and SERFIN, one of…
A technology startup Akropolis, founded by ex-Lehman Brothers fund manager Anastasia Andrianova, has announced it is building a new smart contract based pensions infrastructure it believes can fix the worldwide pensions crisis. According to the World Economic Forum, the retirement savings gap around the world…
Peatuce is using blockchain technology to solve age old problems that have consistently plagued the operations of smallholder farmers on the African continent; from poor financing to stringent policies, haphazard regulation, climatic changes and obsolete technology. Like Agrikore, Peatuce believes these challenges…
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…
