Fuse unveils $10 million in grants to enhance Web3 innovation
The $10 million grant program is open to global applications. However, there will be a keen focus on emerging markets like Africa.
News
Ethiopia set to make an “unnecessary and unfortunate” default on Eurobond repayment
The country’s finance ministry is looking to restructure its Eurobond following recent success with restructuring the terms of its bilateral debt.
🟠 Bitmama X Payday: When Web3 acquires Web2
Plus:
🇿🇦 South Africa could license up to 36 crypto firms this month.
🌍 Yellow Card integrates Block’s open-source protocol for cross-border payments.
BIS says token-based CBDCs like the eCedi pose counterfeiting and money laundering risks
The Bank of Ghana previously assured that the eCedi would keep with financial regulations while maintaining privacy.
The eCedi will bridge the gap between the banked and unbanked – BoG Governor
Despite a successful pilot, the launch has been delayed due to several factors, including economic concerns such as rising inflation and the depreciation of the cedi.
UfarmX wants to create blockchain-based digital ‘credit scores’ for African farmers
The US-based startup is expanding its operations into Senegal after conducting pilots in Nigeria.
Kenyan legislators launch law changes for cryptocurrency taxation
The bill will now move to the next stage, where members of parliament will discuss and propose any changes they think are needed. If approved, it will be sent to the President for final approval.