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Blockchain in Africa

Six takeaways from Njoku of Lazerpay’s interview with the Crypto@Scale podcast

Six takeaways from Njoku of Lazerpay’s interview with the Crypto@Scale podcast

In his first interview since the company shut down, Njoku Emmanuel talks about how regulation, high burn rate and his misunderstanding of being product-led played parts in the Lazerpay story.

DeFi lending is taking shape in Africa as Jia raises $4.3 million in funding

DeFi lending is taking shape in Africa as Jia raises $4.3 million in funding

The platform has now gone live in Kenya and the Philippines, with sights set on West Africa, Latin America and Asia.

The banking floor at the Central Bank’s headquarters in Nairobi

CBDC is not a priority, says the Central Bank of Kenya

The bank said Kenya’s payments problems could be solved by other measures besides launching a CBDC.

Why Jack Dorsey’s $30 billion empire is betting big on Africa

Why Jack Dorsey’s $30 billion empire is betting big on Africa

During Block's most recent earnings call, CEO Jack Dorsey listed the Global South, which includes Africa, as one of the three trends the company is “focused on.”

CBDCs, like the eNaira, are potentially risky, IMF official says

CBDCs, like the eNaira, are potentially risky, IMF official says

The IMF MD believes retail CBDCs may result in “unforeseeable” results for central banks.

Nigeria approves national blockchain adoption policy over two years after initial draft

Nigeria approves national blockchain adoption policy over two years after initial draft

The approval means blockchain technology can now be institutionalized into the Nigerian economy and security sectors.

Kenya plans to tax cryptocurrency exchanges despite the central bank’s unfriendly stance

Kenya plans to tax cryptocurrency exchanges despite the central bank’s unfriendly stance

Crypto exchanges in Kenya will soon be mandated to pay a 1.5% duty on every commission received by Kenyans.