Africa

SEC DG Agama named AMERC vice-chair, projects $10tn market

The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has been elected Vice-Chair of the Africa/Middle East Regional Committee (AMERC) of the International Organisation of Securities Commissions...
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Ethiopia Suspends Crypto-Mining Power Permits

Ethiopia’s state utility, Ethiopian Electric Power (EEP), has suspended issuing new electricity delivery permits to crypto-mining (or “data mining”) operators, a move prompted by mounting strain on the national grid...
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Shiga, Among Blockchain Startups Selected for Visa Africa Accelerator

Visa has unveiled the 22 startups chosen for the fourth edition of its Africa Fintech Accelerator, with several blockchain-powered ventures making the list. The 12-week program, launched in mid-2023, offers...
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Yellow Card: The infrastructure that works

Introduction In many parts of the world, converting your local currency into cryptocurrency is still a battle. Between unreliable peer-to-peer networks, unstable exchange rates, and vague regulatory frameworks, the journey...
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Shiga Digital Secures DIFC License to Drive Blockchain Finance for Africa

Shiga Digital, an African-founded blockchain firm, has achieved a significant milestone by becoming the first of its kind to receive a Digital Assets License from the Dubai International Financial Centre...
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SEC Calls for Regional Licensing as Crypto Fraud Rises in West Africa

Nigeria’s Securities and Exchange Commission (SEC) has intensified its call for tighter regulatory coordination across West Africa following alarming revelations about cryptocurrency-linked fraud in the region. According to a recent...
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Algeria Bans Crypto, Says it’s a Criminal Act

Algeria has taken one of the harshest positions on cryptocurrency globally, officially criminalising all activities involving digital assets under its 2024 Finance Law. Under the new legislation, any act related...
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EcoBuiltConnect launches South Africa’s first blockchain marketplace

EcoBuiltConnect, a Cape Town-based climate-tech startup, has launched South Africa’s first blockchain-powered marketplace for surplus building materials and reduced industry waste. The platform will enable builders, suppliers, and recyclers to...
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Nigeria Greenlights Stablecoin Growth Under Strict Rules

At the Africa Stablecoin Summit held in Lagos, Nigeria’s top financial regulator announced that the country is open to stablecoin innovation, as long as businesses operate within a defined regulatory...
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Africa’s Stablecoin problem is not technical, it’s structural: Insights from the Africa Stablecoin Summit

At the inaugural Africa Stablecoin Summit held at Lagos Oriental Hotel, leaders across blockchain, fintech, and regulatory sectors tackled a central question confronting the continent’s digital economy: Why hasn’t crypto-enabled...
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