News about AFRICA

News about Africa

Bulgarian ‘Cryptoqueen’ Alive, Hiding in South Africa: Report

submitted by /u/KIG45 [link] [comments]

Russia, India, Africa Advance Bold Plans to Sideline US Dollar

Russia, India, and several African nations are accelerating dedollarization, embracing national currencies in trade to enhance economic independence and reduce reliance on the U.S. dollar. Global Trade Gets a Shake-Up as Powers Pivot from the US Doll...

Withanage Foundation Bets Big on African AI With Launch of Research, Investment Program

The Withanage Foundation is launching a research and development program and $500 million investment vehicle to support AI development in African agriculture, finance, and governance. AI for Data-Driven Innovation The Swiss-based Withanage Foundation...

African Payment System Gets Banker’s Endorsement, but Viability Questions Linger

The Pan-African Payments and Settlements System aims to formalize $50 billion in informal trade and save the continent $5 billion in processing costs. Boosting Local Currencies Africa’s recently launched Pan-African Payments and Settlements System (P...

Ethiopia turns to bitcoin miners to power growth and green energy - The Africa Report

Ethiopia turns to bitcoin miners to power growth and green energy& & The Africa Report

Paying in-store with Bitcoin at South Africa's biggest retailer Pick N Pay is very easy now with Blink wallet

submitted by /u/bottomupbitcoin [link] [comments]

Africa Crypto Surge Hits 189% as Youth Choose Telegram over Traditional Banking

Africa's cryptocurrency adoption is surging, with Telegram-based crypto communities growing by an unprecedented 189% since early 2023, according to new research from cryptocurrency exchange Bitget. The findings highlight a significant shift in global...

From Smuggling Gold Out of Africa to Bridging Bitcoin and Cardano - CoinDesk

From Smuggling Gold Out of Africa to Bridging Bitcoin and Cardano& & CoinDesk

Bitfufu Expands to Africa: Acquires 80MW Bitcoin Mining Facility in Ethiopia

Nasdaq-listed cloud mining services company Bitfufu has announced an agreement to acquire a majority stake in an 80-megawatt (MW) Bitcoin mining facility in Ethiopia. This strategic move marks a significant shift for the company as it transitions fro...

Linkedin Under Scrutiny for Potential South African Privacy Violations

A South African artificial intelligence association has accused Linkedin of violating local data privacy laws by using user data to train its AI models without explicit consent. The association has urged the country’s data regulator to investig...

South African Bank Blocks Crypto Payments, Faces Industry Backlash

South African bank Capitec has blocked electronic funds transfers and real-time payments to cryptocurrency exchanges as a security measure. While Capitec acknowledges growing interest in cryptocurrencies, the bank maintains that the measure is necess...

Yellow Card Raises $33M to Expand Stablecoin Presence in Africa

Yellow Card, a leading African stablecoin platform, closed a $33 million Series C funding round led by Blockchain Capital. The funding signifies a milestone for Yellow Card and the African fintech industry, highlighting the potential of stablecoins o...

Binance Expands Mobile Money Across Africa — 6 More Countries Gain Access

Crypto exchange Binance has expanded its reach in West and Central Africa, integrating mobile money payments for cryptocurrency purchases in six countries. This move supports Binance’s goal to boost financial inclusion and make digital assets m...

Binance Expands Mobile Money Across Africa — 6 More Countries Gain Access - Bitcoin.com News

Binance Expands Mobile Money Across Africa — 6 More Countries Gain Access& & Bitcoin.com News

Binance Turns On Mobile Money Payments for Crypto in Six African Countries

Binance has expanded its services in Africa. The platform now allows users in Benin, Cameroon, Ivory Coast, the Democratic Republic of Congo (DRC), Togo, and Senegal to purchase cryptocurrency using mobile money payments. This feature is made possibl...

Behind Alchemy Pay and Yellow Card’s Bold Plan for African Crypto Adoption

Alchemy Pay and Yellow Card have teamed up to make cryptocurrency more accessible in Africa. Alchemy Pay’s on-ramp product will utilize Yellow Card’s payment infrastructure in 20 African countries, allowing users to purchase crypto with t...

South African Revenue Service Cracks Down On Crypto With New Tax Rules

In an update shared over the country’s news agency, the South African Revenue Service (SARS) has called taxpayers to declare their digital currencies and other crypto assets through its Voluntary Disclosure Programme (VDP). Given the increasing popu...

South Africa’s Tax Agency Adds Crypto to Compliance Programs

The South African Revenue Service (SARS) has announced plans to include crypto assets in its tax compliance programs. SARS is seeking information on crypto users and is increasing its efforts to identify and audit non-compliant taxpayers. The revenue...

South Africa's Tax Agency Adds Crypto to Compliance Programs - Bitcoin.com News

South Africa's Tax Agency Adds Crypto to Compliance Programs& & Bitcoin.com News

Inflation, Dollar Shortage Fuel Stablecoin Use in Sub-Saharan Africa

Stablecoins are surging in popularity across Sub-Saharan Africa, accounting for 43% of crypto transactions compared to bitcoin’s 18.1%. This trend is driven by the instability of local currencies and limited access to US dollars. Businesses an...

Inflation, Dollar Shortage Fuel Stablecoin Use in Sub-Saharan Africa - Bitcoin.com News

Inflation, Dollar Shortage Fuel Stablecoin Use in Sub-Saharan Africa& & Bitcoin.com News

All-Women AI PhD Program Launches in Africa

A pioneering Africa-Europe collaboration aims to train 700 African Doctor of Philosophy (PhDs) in artificial intelligence (AI) over the next decade. The first intake of this program, however, will be unique: it will consist entirely of women. This in...

Sub-Saharan Africa’s Crypto Revolution: 40% Of Economy Now In Stablecoins

Rising stablecoins in Sub-Saharan Africa are transforming the financial landscape, providing a lifeline to millions of desperate individuals struggling against instability in their economies. According to recent reports, stablecoins now make up 43% o...

Kenyan Deputy President Urges Africa to Embrace AI

Kenyan Deputy President Rigathi Gachagua is urging African leaders to tap into the potential of artificial intelligence (AI) to supercharge their economies. Gachagua highlighted that tech-leading countries are already reaping the rewards of infusing...

EA Capital Obtains Crypto Asset Service Provider License in South Africa

EA Capital, a financial service provider focusing on blockchain technology in South Africa, has obtained a regulatory license in the region. The company received a Category I license as a Crypto Asset Service Provider from the Financial Sector Conduc...

	The Riveting World of Bombay Club
	SOCIAL GOOD 100$ free sign up bonus + 100% Cashback on daily purchases
	Ethereum Expected to Thrive in 2023
	How To Get Started On Cryptocurrency Gaming
	5 Important Features of White Label NFT Marketplace
	How to get started with crypto gambling
	Best 7 Web3 Apps That Pay You Crypto
	6 Must-Have Tools For Crypto Traders
	Can Ethereum 2.0 Be Converted to Cash?
	Cryptocurrency in Gambling: Features and Benefits
	What are the Core Facets of a Successful Cryptocurrency?
	Cost to Develop Your Own Cryptocurrency Website
	EgldRush - The best Elrond NFT project Farming, Staking, Rewarding
	Choosing a Safe Cryptocurrency Exchange 2022
	Let's Talk About Security in Crypto