Nigerian venture capital firm EchoVC launches an $8 million blockchain fund
The firm aims to fund solutions across multiple areas of blockchain use cases.
Business
Swiss-based CV Labs selects three African startups for its accelerator program
Six other startups were also selected to be a part of the program
Blockchain property tech startup raises $400,000 in funding
African startup HouseAfrica has raised investment from Future Africa, CV CV and others to push its new product Sytemap.
Peer-to-peer bitcoin exchange Paxful suspends operations amid cofounder legal troubles
CEO Ray Youssef announced the news via a website statement, noting he is unsure whether operations will resume.
Crypto exchange Bybit partners Nigeria-based Innovation Growth Hub for blockchain education
“Our goal is to give young people the knowledge and skills they need to understand and engage with blockchain technology,” a Bybit spokesperson said.
Stellar Network and DFS Lab launch fund to support African fintech startups
The fund will back startups building digital payment solutions on the Stellar blockchain.
Pan-African bank Absa wants to digitize trade finance with blockchain
The bank will be able to adopt a digital process for issuing letters of credit