Africa


Finance

DeFi Credit Union Platform Xend Finance Goes Live in Africa First

Xend is the first DeFi protocol to launch from the African continent using the Binance Smart Chain.

piggy banks

Markets

Nigerians Turn to Stablecoins for Protection Against Inflation

Traditional savings groups in Nigeria are looking at dollar-pegged stablecoins as a tool to protect their savings from local inflation.

coins jars pensions savings

Policy

Nigeria Is Now Rewarding Citizens for Using Licensed Money Senders, Not Crypto

The "Naira 4 Dollar Scheme" is a bid to funnel remittances through official channels. Meanwhile, peer-to-peer bitcoin remains popular.

Nigerian naira banknotes

Videos

Jack Dorsey & Jay-Z Donate 500 Bitcoin for New Endowment Fund

Twitter CEO Jack Dorsey is teaming up with rapper Jay-Z to create a new endowment named “Btrust” to fund Bitcoin development with an initial focus on teams in Africa and India. The Hash Panel weighs in.

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Videos

Jack Dorsey & Jay-Z Donate 500 Bitcoin for New Endowment Fund

Twitter CEO Jack Dorsey is teaming up with rapper Jay-Z to create a new endowment named “Btrust” to fund Bitcoin development with an initial focus on teams in Africa and India. The Hash Panel weighs in.

Recent Videos

Markets

Jack Dorsey, Jay-Z Put 500 Bitcoin Into Trust Supporting Africa and India

"It‘ll be set up as a blind irrevocable trust, taking zero direction from us," said Dorsey.

Square And Twitter CEO Jack Dorsey Speaks At Empowering Entrepreneurs Event

Markets

Nigeria's Senate Summons Central Bank Chief to Explain Crypto Ban

The Nigerian Senate wants Central Bank Governor Godwin Emefiele and chief securities regulator Lamido Yuguda to testify about cryptocurrencies.

nigeria flag

Finance

Binance-Backed DeFi Credit Union Platform Secures Partners, Funding Before Launch

Xend Finance will allow credit unions and cooperatives to earn interest on deposits by converting them to stablecoins.

africa, network

Finance

Canadian Crypto Lender Ledn Raises $2.7M for Emerging Markets Expansion

After growing in Latin America, the firm wants to bring its micro-loans and stablecoin savings features to other emerging markets.

Toronto

Markets

Binance Suspends Deposits in Nigeria Following Central Bank Directive

Nigeria's central bank told financial institutions they couldn't provide crypto companies or users with services on Friday.

Lagos, Nigeria