Tag: Africas

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Africa’s blockchain journey begins with poverty alleviation

Africa’s blockchain journey begins with poverty alleviation

There has been a resounding call for Nigeria, and Africa in general, to incorporate blockchain technology into its mainstream living. However, during [...]
President Tinubu Receives Petition Against Africa’s Richest Man, Dangote Over $3.4Billion ‘Siphoned’ Through Nigeria’s Central Bank

President Tinubu Receives Petition Against Africa’s Richest Man, Dangote Over $3.4Billion ‘Siphoned’ Through Nigeria’s Central Bank

  President Bola Ahmed Tinubu has received a petition against Africa’s richest man, Alhaji Aliko Dangote over $3.4 billion allegedly siphoned through [...]
South Africa’s Crypto Firms Will Soon Need to Apply for Registration or Face a Heavy Fine

South Africa’s Crypto Firms Will Soon Need to Apply for Registration or Face a Heavy Fine

Continuing operations without applying for registration could lead to a $542,854 fine or imprisonment. www.coindesk.com [...]
How Bitcoin mining saved Africa’s oldest national park from bankruptcy

How Bitcoin mining saved Africa’s oldest national park from bankruptcy

Virunga National Park in the Democratic Republic of the Congo has become the first national park in the world to run a Bitcoin (BTC) mine in an effort [...]
EMERGING MARKETS-EM stocks, FX climb on hopes of less hawkish Fed; S. Africa’s rand firms ahead of budget

EMERGING MARKETS-EM stocks, FX climb on hopes of less hawkish Fed; S. Africa’s rand firms ahead of budget

*Hungary's Forint rises as c.bank commits to stability measures*Dollar, U.S. Treasury yields fallBy Devik JainOct 26 (Reuters) - Emerging market curre [...]
South Africa’s Monetary Authority Greenlights Banks to Serve Crypto Clients

South Africa’s Monetary Authority Greenlights Banks to Serve Crypto Clients

The guidance was released after some local banks previously moved to shut down accounts tied to crypto exchanges, citing exposures to risk. In the pub [...]
South Africa’s economy threatening downturn

South Africa’s economy threatening downturn

DURBAN, South Africa - April 16, 2022: Massive debris at the Durban harbor following heavy rains, mudslides, rain and winds in Durban. The harbour ser [...]
Africa’s top golfers to shoot for Bitcoin prize on Sunshine Tour

Africa’s top golfers to shoot for Bitcoin prize on Sunshine Tour

Top golfers from Africa and Europe will be eyeing lucrative Bitcoin (BTC) payouts at the end of the 2022 season after a new sponsorship of South Afric [...]
South African exchange raises $50M in Africa’s largest funding round

South African exchange raises $50M in Africa’s largest funding round

South African crypto exchange VALR has raised $50 million in a Series B equity funding round, marking the largest-ever funding for an African crypto e [...]
Fire ravages Cape Town seat of South Africa’s Parliament

Fire ravages Cape Town seat of South Africa’s Parliament

City of Cape Town Fire and Rescue Service spokesman Jermaine Carelse said no injuries were reported. Parliament was closed for the holidays. Secur [...]
Desmond Tutu, South Africa’s moral conscience, dies at 90

Desmond Tutu, South Africa’s moral conscience, dies at 90

Nicknamed “the Arch,” the diminutive Tutu became a towering figure in his nation’s history, comparable to fellow Nobel laureate Nelson Mandela, a [...]
South Africa’s financial regulator plans to introduce framework aimed at protecting vulnerable crypto investors: report

South Africa’s financial regulator plans to introduce framework aimed at protecting vulnerable crypto investors: report

Unathi Kamlana, the commissioner of South Africa’s Financial Sector Conduct Authority has reportedly said the government’s rollout of a crypto fram [...]
South Africa’s Financial Regulator Is Planning Crypto Rules to Protect Vulnerable Population: Report

South Africa’s Financial Regulator Is Planning Crypto Rules to Protect Vulnerable Population: Report

PolicyThe regulations, to be unveiled early 2022, are being brought forward in response to two major scams that defrauded investors of significant [...]
Africa’s ‘Great Green Wall’ shifts focus to hold off desert

Africa’s ‘Great Green Wall’ shifts focus to hold off desert

The citrus crop provides a haven from the heat and sand that surround it. Outside the low village walls, winds whip sand into the air, inviting de [...]
South Africa’s last apartheid president F. W. de Klerk dies

South Africa’s last apartheid president F. W. de Klerk dies

It was de Klerk who in a speech to South Africa’s parliament on Feb. 2, 1990, announced that Mandela would be released from prison after 27 years. [...]
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