africa
Yeshara Tokens Joins Kenya’s Regulatory Sandbox to Revolutionize Real Estate Tokenization
The Capital Markets Authority of Kenya (CMA) has announced the admission of Yeshara Tokens Limited into its Regulatory Sandbox, marking another significant milestone for blockchain innovation in Kenya. Yeshara Tokens will test its blockchain-powered platform designed to tokenize real estate assets, aiming to enhance retail participation in capital markets. What Is Yeshara Tokens? Yeshara Tokens…
Canza Finance: The Hidden Powerhouse Set to Transform RWA Access Across Africa and Beyond
In a world where financial inclusion remains elusive for millions, Canza Finance emerges as a beacon of hope. This innovative platform is harnessing the power of blockchain technology, decentralized finance (DeFi), and real-world assets (RWAs) to bridge the gap for individuals and businesses across Africa and beyond. For decades, accessing financial services has been a…
Tether Report: Almost Half of 2024 USDT Transactions Originated in Emerging Markets
In its Q4 2024 report, Tether, the issuer of the USDT stablecoin, revealed that nearly half of all USDT transactions this year originated from emerging markets. This underscores the growing reliance on stablecoins as a tool for financial inclusion and stability in regions where traditional banking systems often fall short. USDT Adoption Reaches Record Highs…
BIT Mining Acquires Ethiopian Bitcoin Mining Facilities and Machines in $14.3 Million Deal
In a significant move reflecting the growing prominence of Ethiopia in the global Bitcoin mining industry, NYSE-listed BIT Mining Limited has announced its acquisition of 51-megawatt crypto mining data centers and 17,869 high-performance Bitcoin mining machines in Ethiopia. The transaction, valued at $14.3 million, was finalized on December 3, 2024, marking a new chapter in…
Kenya National Fire Brigades Association Adds Bitcoin to Its Balance Sheet
In a groundbreaking development, the Kenya National Fire Brigades Association (KENFIBA) has officially added Bitcoin to its balance sheet, marking a bold step into the cryptocurrency space. This strategic move positions KENFIBA as a pioneer in adopting digital assets among governmental organizations in Kenya. It also potentially makes KENFIBA the first labor union in the…
How Kenyan developer, Chris Oketch is Leveraging Blockchain to Redefine Education in Africa Through EduPay
In this episode of TawkAfrica Spotlight, we had the privilege of interviewing Chris Oketch, a blockchain developer from Kenya who is making waves in the Web3 space with his innovative project, EduPay. The platform leverages blockchain technology to address critical issues in education access and sponsorship transparency. Through a written interview, Chris shared insights into…
Yellow Card Secures Category 1 Crypto Asset Service Provider License in South Africa
In a landmark achievement for Africa’s cryptocurrency ecosystem, Yellow Card, a leading fintech platform specializing in crypto transactions, has secured a Category 1 Crypto Asset Service Provider (CASP) License in South Africa. This pivotal development marks a significant step forward for the company and the broader cryptocurrency industry on the continent. Understanding the CAT I…