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“# Funding platform Orica partners with NGO to use NFTs to build a school in Uganda ” The rising number of social impact projects using digital art to fundraise for charitable causes marks a powerful development in the nonfungible token (NFT) space. One such project leveraging technology for social good is Orica, an ethical funding…
“# Zimbabwe minister signals CBDC interest amid Bitcoin adoption rumors ” Zimbabwe’s Minister of Information publicly dismissed ongoing rumors about the country considering the adoption of cryptocurrencies and Bitcoin (BTC). Rather, Minister Monica Mutsvangwa clarified that the government of Zimbabwe is keen to experiment with a central banking digital currency (CBDC). The rumor about Zimbabwe’s…
“# Zimbabwe may be the next country to embrace Bitcoin as legal tender ” Zimbabwe has been paying attention to the increasing demand for crypto among its people, which it views as a possible avenue for growth. The country has also been receptive to regulating the entire sector. Zimbabwe’s government is considering utilizing Bitcoin (BTC)…
“# Cardano prepares to scale with Hydra upgrade as network reaches 2M wallets ” In a tweet posted by the Cardano Foundation on Monday, the number of Cardano (ADA) wallets has surpassed the 2 million mark. The network reached the previous milestone of 1 million ADA wallets on May 22, 2021. During that period, the…
“# Stellar partners tap USDC for remittances between Europe and Africa ” The Stellar Development Foundation (SDF) has announced that it will facilitate a new remittance channel between Europe and Africa using the USD Coin (USDC) stablecoin. On Oct. 25, the SDF announced that global payments technology company Flutterwave will use the USD Coin (USDC)…
“# Nigerian president to unveil eNaira central bank digital currency ” Nigerian President Muhammadu Buhari is set to officially introduce the country’s central bank digital currency (CBDC), the eNaira. The Central Bank of Nigeria (CBN) has published a document in which it reaffirmed its intention to introduce the eNaira after previously attempting but failing to…
“# Ghana to explore offline transactions for upcoming CBDC ” Ghana is working to develop offline capabilities for its forthcoming central bank digital currency (CBDC) in a bid to promote its use across all segments of Ghanan society. According to a Oct. 18 report from Bloomberg, Kwame Oppong, head of fintech and innovation at the…
“# Jelurida will launch 30-day blockchain education campaign across East Africa ” The African arm of the company behind the Ignis, Nxt and Ardor blockchains will be launching a multi-country tour to provide blockchain education in the public and private sectors. According to information provided to Cointelegraph, Jelurida Africa said it would begin a blockchain…
“#What is Namibia famous for?” Namibia isn’t the most well-known country in the world, but you’ll surely have heard about a few of its most famous things. We will explore what Namibia is famous for and explain why they are important and interesting. From world-renown safaris to the Himba people Namibia is a fascinating country…
“# African crypto exchange Yellow Card closes $15M Series A ” African cryptocurrency exchange Yellow Card has concluded a $15 million Series A financing round led by some of blockchain’s biggest venture funds, underscoring the growth potential of digital assets on the continent. The fundraiser, which was described as the largest ever by any African…