FSCA warns against unlicensed crypto investment companies Afriinvest and MutualWealth have been promising South Africans daily ROIs as high as 10,000 rands on crypto ‘investments.’
Nigeria’s president signs bill recognizing digital assets into law Bola Ahmed Tinubu has signed the Investments and Securities Act 2024, officially recognizing crypto assets and placing them under the Nigerian SEC.
Tether teams up with Quidax on blockchain education in Africa The firms plan to open access to bitcoin and stablecoin education for 15,000 individuals and businesses in Africa
Kenyan official suggests collaboration with Binance for tech innovation John Tanui believes that partnering with the crypto exchange will help cement Kenya as the ‘Silicon Savannah’ for technology.
Bybit partners African talent firm Alt School for tech education The exchange is also launching a $100,000 scholarship for 1000 Alt School Africa students.
Sui blockchain cofounder launches $1.3M fund for African developers Adeniyi Abiodun, cofounder of Mysten Labs (builders of Sui), says the $1.3M fund will offer low-interest loans to Semicolon students.
Kenya fails IMF review, forfeits $850M disbursement The East African country is now seeking a fresh credit program from the IMF.