CBEX promised 100% returns—now Nigerians and Kenyans are counting their losses
The scam entity, rumored to be part of a larger crypto crime ring carted away millions of dollars from its victims in Nigeria and Kenya
Companies
Nigerian blockchain startups raised $20M in 2024, claims 3% of global developers — Report
The report dubbed the Nigeria Web3 Landscape Report says 3% of global blockchain developers are in Nigeria.
Nedbank to rollout smart contract technology within the next 12 months
The exact details of the deployment are not known, but top executive Corbyn de Bruyn sees its impact in revolutionizing agriculture.
CNGN’s developers seeking listing on Yellow Card and Roqqu
However, both exchanges are reluctant to list the cNGN just yet because of a lack of demand and clear use cases.
HRF grants four African projects in Q1 2025
The Human Rights Foundation via its Bitcoin Development Fund gave out 10 bitcoins to 23 projects globally
Ripple donates 25,000 RLUSD stablecoin to provide drought relief to Kenyan herders
The firm is partnering with Mercy Corps Ventures and DIVA Donate to subsidize livestock feed for Kenyan farmers in drought.
Yellow Card appoints new South Africa country manager
Kamogelo Mosime, a former associate at GEMP Group, takes charge of the South African arm of the firm’s operations.