World Mobile launches its first aerostat in Mozambique The team waited in vain for 11 months to receive regulatory approval for the aerostat’s launch in Zanzibar, Tanzania, before it moved to Mozambique
Sophisticated crypto scam run by Chinese nationals busted in Namibia: Reports The scammers employed young Namibians and trained them to target victims to invest in a non-existent crypto investment platform.
Idris Elba partners with Stellar Development Foundation to build blockchain solutions in West Africa Elba sees crypto’s underlying blockchain technology as a means to remove financial barriers in emerging markets.
Embattled crypto exchange Patricia secures funding to repay some of its debt Controversies and questions still trail the company’s move to manage a security breach it had suffered and repay its customers’ lost funds.
MTI’s liquidators to refund part of victims’ recovered bitcoins 1,281 bitcoins have so far been recovered and will be repaid to victims who submit claims only after the courts have made some clarifications.
Kenyan parliamentary committee recommends shutdown of Worldcoin The committee deemed Worldcoin and its partners’ activities criminal and called for legal action against them.
Tanzania moves to diversify its foreign reserves with gold Tanzania’s local currency has seen record depreciation levels attributed to US rate hikes.