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Accra and The Hague Universities Combine to Promote Blockchain in Ghana

Accra and The Hague Universities Combine to Promote Blockchain in Ghana

A partnership between a Ghanaian University and the Hague University of Applied Sciences (THUAS) in the Netherlands has been forged with a view to accommodating a student exchange programme and further promote blockchain in the African nation. The Accra Technical University (ATU) wants to accelerate it graduate programme in order to provide the industry with the necessary skills to fill …


Botswana’s Bitcoin Users Face Daily Challenge of Finding Crypto

Botswana's Bitcoin Users Face Daily Challenge of Finding Crypto

Although Bitcoin and other cryptocurrencies are not prohibited in the Southern African nation of Botswana it is becoming a challenge for locals to find them. The Republic of Botswana is renown for another type of currency; namely diamonds. Botswana has been one of the world’s fastest-growing economies, averaging about 5% per annum over the past decade since gaining its independence. …


Visa, Horowitz, Among Investors in African Lending App’s $170 Million Funding Round

Visa, Horowitz, Among Investors in African Lending App's $170 Million Funding Round

Mobile lending app Branch International has just completed a USD 170 million funding round, considered one of the largest ever Series C funding rounds by an African startup. Led by Foundation Capital and Visa, other participants included Andreessen Horowitz, B Capital, Formation 8 and Trinity Ventures. Branch International provides its services to over 3 million users in the African continent, …


Take Home from Blockchain Africa Conference 2019

Take Home from Blockchain Africa Conference 2019

The recently concluded Blockchain Africa Conference 2019 was declared a resounding success as thought leaders from the industry attended the blockchain event in Cape Town and Johannesburg to discuss relevant issues bordering the socio-economic impacts of blockchain technology. Blockchain technology continues to inspire innovators across the globe to seek out new ways in which emerging technologies could alleviate major economic …


Paxful Facing Accusations of Fraud in Nigeria After Suspending User Accounts

Peer-to-peer (P2P) payment logistics platform Paxful is under scrutiny after being accused of defrauding thousands of Nigerian clients of funds accumulated from online trade in digital currencies. The company has gained popularity on the African continent, principally due to P2P becoming the preferred trading method and also the multitude of ways cryptocurrencies can be purchased on its platform. Unlike many …


Dutch Company Fights Child Labor in Chocolate Industry with Blockchain

Bitcoin Hits 5-Week High as SEC Postpones ETF (1)

An Amsterdam-based chocolate company has been mounting its own campaign to tackle modern slavery in the chocolate industry by using blockchain. The company, Tony’s Chocolonely, might be a lone campaigner, but it has been setting the right tone in addressing a problem which has become common in parts of Africa such as Ghana and the Côte d’Ivoire, where cocoa beans …


Africa and the Middle East: Crypto and Blockchain News Roundup 24th to 30th March, 2019

Africa

Africa and the Middle East Welcome to another weekly blockchain news roundup from around the world. Here we present to you all the latest Bitcoin news continent by continent and country by country. African Union Crypto in Africa: Adoption in Medical, Education, Trading Industries: Africa has been making considerable strides in adopting crypto technology and implementing innovations in the financial markets. …


US Talk Radio Raises Over $80,000 in Crypto to Build Ugandan Orphanage

US Talk Radio Raises Over $80,000 in Crypto to Build Ugandan Orphanage

An independent Free Talk Live broadcast show (FTL) broadcast from New Hampshire has announced that it has been able to raise over USD 80,000 towards establishing an orphanage for Ugandan children. The project to build an orphanage in a small Ugandan village has been led by The Foundation of Hope Uganda and one of the foundation’s ministers, Ndifuna Johnson. Much …


Central Bank of Egypt Announces $57 Million Fintech Startup Fund

Digital news outlet Disrupt Africa has reported that the Central Bank of Egypt (CBE) has announced a financial tech fund worth EGP 1 billion (USD 1 million) to help boost startups in the industry nationwide. The deputy governor of the CBE, Ayman Hussein, was quoted as saying that there was no formal launch date decided yet, but that would be …


Africa and the Middle East: Crypto and Blockchain News Roundup 3rd to 9th March, 2019

Africa

Africa and the Middle East Welcome to another weekly blockchain news roundup from around the world. Here we present to you all the latest Bitcoin news continent by continent and country by country. South Africa Bank in South Africa Develops a New Blockchain Financial System: In a bid to reduce economic trade and foreign exchange problems, South Africa’s Standard Bank has …


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