Fuse unveils $10 million in grants to enhance Web3 innovation
The $10 million grant program is open to global applications. However, there will be a keen focus on emerging markets like Africa.
Eseose Oseghale
The eCedi will bridge the gap between the banked and unbanked – BoG Governor
Despite a successful pilot, the launch has been delayed due to several factors, including economic concerns such as rising inflation and the depreciation of the cedi.
Kenyan legislators launch law changes for cryptocurrency taxation
The bill will now move to the next stage, where members of parliament will discuss and propose any changes they think are needed. If approved, it will be sent to the President for final approval.
South African financial regulator receives 128 crypto license applications
The number of applications received in November surpassed October’s total of 93 applications.
Somalia joins the East African trade bloc
Although Somalia submitted its application in 2012, it took 11 years to grant its request due to lingering security concerns.
Stitch introduces crypto payment option in South Africa
The novel feature is built on top of the crypto company’s VALR’s application programming interface (API).
IMF expands Kenya’s financing package to $938 million
The additional funding will strengthen the country’s reserves before its $2 billion Eurobond payment in June.