Africa

Bitcoin Exchange Paxful Reveals Plan to Reach Venezuela’s Unbanked

1 month ago admin2 Comments Off on Bitcoin Exchange Paxful Reveals Plan to Reach Venezuela’s Unbanked
Peer-to-peer bitcoin exchange Paxful is doubling down on developing markets. Revealed exclusively to CoinDesk, the startup plans to open an office in hyperinflation-ridden Venezuela in September and release an Android app, its first for mobile devices, in October. According to Paxful co-founder Ray Youssef, the reason for both moves is that exchange use is surging Read More

How soccer and religion fight it out for the hearts of Africans

1 month ago admin2 Comments Off on How soccer and religion fight it out for the hearts of Africans
In this age of globalization few events draw more attention than sport as the World Cup in Russia illustrates with billions of people across the globe glued to their screens. At this time in football crazy Africa, specialists and ordinary fans are watching, discussing and analyzing the World Cup. But the excitement and euphoria come Read More

How Senegal became a soccer fan favorite at World Cup 2018

2 months ago admin2 Comments Off on How Senegal became a soccer fan favorite at World Cup 2018
As the World Cup moves into its final group stage matches, one of the teams that has quickly become one of the neutrals’ favorites is Senegal. Prior to the tournament, the team received very little by way of attention. For teams from Africa, Nigeria stole the headlines with their popular jersey and Iceland with its Read More

Crypto Startup Wala Is Reaching Real Africans with Ethereum Micropayments

2 months ago admin2 Comments Off on Crypto Startup Wala Is Reaching Real Africans with Ethereum Micropayments
In several countries throughout Africa, citizens are spending an average of 27 cents to top up their mobile airtime, and they’re using a crypto token to do it. That might sound strange to many in the crypto industry, since the vision of today’s blockchains allowing the movement of millions of microtransactions across the globe has Read More

Britain’s colonial legacy is still hurting LGBT people around the world

3 months ago admin2 Comments Off on Britain’s colonial legacy is still hurting LGBT people around the world
At the recent Commonwealth Heads of Government Meeting in London, the British prime minister, Theresa May, urged Commonwealth nations to reform existing anti-gay legislation held over from British colonial rule. And while stopping short of a formal apology, she used her speech to explicitly acknowledge Britian’s responsibility: “As the United Kingdom’s prime minister, I deeply Read More

Ethiopian Gov’t Signs Agreement With Cardano To Introduce Blockchain In Agritech

4 months ago admin2 Comments Off on Ethiopian Gov’t Signs Agreement With Cardano To Introduce Blockchain In Agritech
The Ethiopian government has recently signed a memorandum of understanding (MOU) with cryptocurrency startup Cardano (ADA), The Next Web reports May 3. The agreement will see Ethiopian developers apply blockchain technology to the country’s agritech industry. CEO and founder of Cardano Charles Hoskinson confirmed the move in a tweet. Hoskinson stated that the agreement with Read More

African bluechips need to start corporate venture arms to invigorate startup funding

4 months ago admin2 Comments Off on African bluechips need to start corporate venture arms to invigorate startup funding
An increasing number of African companies are competing in the global arena. Riding on the wave of growth that has buoyed African markets over the past two decades, companies such as MTN, SABMiller and Dangote Group have all expanded outside of Africa making flagship acquisitions from China to Poland. The Dangote Group has grown rapidly Read More

MyBucks And Naga Group Team Up To Bring Cryptocurrencies To Emerging Markets

4 months ago admin2 Comments Off on MyBucks And Naga Group Team Up To Bring Cryptocurrencies To Emerging Markets
Image: Cryptocurrencies by r.classen via Shutterstock.com Fintech firms MyBucks and the Naga Group have announced a new partnership to implement Naga’s cryptocurrency wallet within MyBucks’ client interface and existing mobile wallet, enabling some 1.5 million users across Africa, Australia and other countries to manage, send and receive cryptocurrencies. The Naga Wallet will provide MyBucks users Read More

Sierra Leone’s Fake Blockchain Election Hasn’t Damaged the Technology’s Reputation

5 months ago admin2 Comments Off on Sierra Leone’s Fake Blockchain Election Hasn’t Damaged the Technology’s Reputation
In the wake of seemingly positive news for both Sierra Leone and Blockchain, where it was alleged that the technology formed part of an election process, it later emerged that there was some misinformation. Agora, the company that was at the heart of the miscommunication, was called out for proclaiming that they ran part of the African Read More

African governments are withholding millions of dollars meant to increase internet access

5 months ago admin2 Comments Off on African governments are withholding millions of dollars meant to increase internet access
At just 22%, Africa is the region with the lowest levels of internet use in the world. But as a new research shows, countries continue to fall short of financing projects aimed at removing barriers to internet access in rural, remote, and poor urban areas—even when they have those funds. The joint report, from the Read More