Business

African DeFi lenders need to partner with traditional institutions to scale, says Jia co-founder

Cheng Cheng, COO and co-founder of DeFi lending platform Jia, believes that support from big financial institutions will help scale DeFi loans in Africa.

Blockchain-based carbon credit project receives $250,000 investment from EMURGO Africa

The project, Changeblock, uses blockchain for carbon trading, letting companies offset excess emissions via verified reduction projects.

Nigerian bureau de change union asks the government to ban Binance

ABCON believes the continued operation of Binance in the country threatens the naira’s stability.

PayPal launches stablecoin, but experts doubt it will make a difference in Africa

Experts have told Mariblock that the move makes little difference to the African payments ecosystem.

Police raid Worldcoin’s warehouse in Nairobi

Authorities accused the company of failing to disclose its intentions during its registration process.

EMTECH secures $4 million seed investment

EMTECH currently works with six central banks, including Nigeria and Ghana, and is looking to expand into four more African countries.

KPMG debunks misconceptions: Bitcoin’s environmental impact is less severe than believed

The Big Four firm highlighted Bitcoin’s environmental, social and governmental advantages in a report.