Nigeria launches a $618million fund for the tech and creative sectors The fund was launched in collaboration with the African Development Bank and other private sector stakeholders.
‘CBDCs are potentially useful,’ says Standard Bank’s chief executive However, he does not share the same optimism about privately generated cryptocurrencies.
ConsenSys partners with MoonPay to enable crypto purchases in Nigeria directly in MetaMask The new feature allows users in Nigeria to buy crypto without setting up a centralized exchange account. But appears to be more expensive than using an exchange.
Cryptocurrency scam ring busted in Egypt The scammers had reportedly netted about $620,000 from investors
Nigeria’s president-elect vows to introduce blockchain into banking and other sectors In his manifesto, Bola Tinubu, who was declared the winner of the recently concluded general elections in Nigeria, outlined plans to implement the technology in banking and finance, identity management and revenue collection.
Cardano-focused accelerator Adaverse invests in Nigeria's BoundlessPay BoundlessPay joins a growing list of beneficiaries of Adaverse’s investment. Some other recipients include Afriex, Afropolitan, Bitmama, Canza Finance, Ejara and Stakefair.
Crypto exchange Luno works with South African advertising board to issue new rules for crypto adverts The clause seeks to protect South African consumers against unethical advertising in the crypto industry.