Fedi secures $17 million in funding to drive bitcoin adoption via communities
Built on the closely named open-source protocol, Fedimint, Fedi allows people in the global south to overcome the technical challenges of safely using bitcoin.
Business
Crypto exchange Roqqu receives regulatory approval to operate in South Africa
The exchange can now offer deposits and withdrawals in the South African Rand (ZAR)
Can blockchain solve Africa’s worsening housing shortage? This startup thinks so
Blockchain company Empowa has used NFTs as a fundraising vehicle to grow Mozambique’s home loan market by 5%. It is now looking to expand across Africa.
Nigerian man wins one bitcoin, worth $29,000, in Yellow Card’s lucky draw competition
The competition, dubbed ‘A Whole in your Wallet,’ featured participants from 10 African countries.
Adaverse leads fundraiser for blockchain-based FMCG authentication startup
The startup, Chekkit, provides end-to-end monitoring and tracking of pharmaceutical products. The fresh capital will be used for expansion and hiring for senior roles.
Zebedee and Bitnob partner to help African gamers earn bitcoin rewards
African users will be rewarded in satoshis when they play games or listen to podcasts on the gaming app. They can convert the rewards to their local currency through Bitnob.
A new report says African blockchain firms raised $474 million in 2022, but the methodology is questionable
South Africa, Liberia and Kenya led Nigeria for total funding. MFS Africa, Valr, Jambo, Ejara all feature in the report.