Africa Money DeFi Summit West Africa 2023
The Africa Money DeFi Summit West Africa is set to take place live on October 3rd and 4th, 2023, in the vibrant city of Accra, Ghana. After a sold-out [...]
CMA to Support Creation of Kenya's Carbon Credit Markets
The Capital Markets Authority(CMA) plans to engage sector players in a detailed assessment of Kenya’s carbon market, its ecosystem, do a stakeholder mapping, and determine demand and supply conditions as [...]
Betting Gaming Sites Pay KSh 6.6 B as Excise Duty in 2022/23
The Betting and Gaming Sector in Kenya paid KSh 6.64 billion in Excise Duty to Kenya Revenue Authority(KRA) at the close of the 2022/23 financial year ended on 30th June [...]Despite Crypto Downturn, Celo Reinforces Focus on Web3 Advancements in Africa
In a time when the cryptocurrency market experiences fluctuations, Celo, a carbon-negative, mobile-first, EVM-compatible blockchain ecosystem, continues to prioritize the development of Web3 technology in Africa. The potential impact of [...]
Designing Crypto Products for the African Market: Insights and Best Practices
Cryptocurrency is steadily gaining influence as an alternative currency across different markets worldwide, including Africa despite skepticism from central banks advising their population to be cautious when it comes to [...]Tether and Yellow Card Collaborate to Foster Stablecoin Adoption in Africa Through Education and Outreach
Tether, the company behind the widely used stablecoin USD₮, has announced a strategic alliance with Yellow Card, a prominent pan-African fintech and cryptocurrency exchange. The collaboration aims to raise awareness, [...]Central Bank of Kenya Says CBDC Implementation Not a Priority
The Central Bank of Kenya (CBK) recently announced its decision regarding the implementation of a Central Bank Digital Currency (CBDC) in the country. After carefully reviewing public comments and considering [...]Why The Blockchain Association of Kenya Opposes the Finance Bill's Taxation of Cryptocurrencies
The Blockchain Association of Kenya (BAK) recently submitted its views on the proposed Digital Asset Tax (DAT) under the Finance Bill 2023 to the National Assembly's Departmental Committee on Finance [...]Kenya's Ministry of Finance Proposes Tax on Digital Assets in 2023 Finance Bill
Kenya's Ministry of National Treasury Economic Planning has proposed the inclusion of digital assets such as Bitcoin and NFTs in the country's tax regime through the 2023 Finance Bill. [...]TBD and Yellow Card's Partnership Paves Way for Global Interoperability in Digital Payments
Block-owned open developer platform TBD recently partnered with African digital assets exchange platform Yellow Card to launch a platform that facilitates fiat on- and off-ramps and payments in 16 African [...]Introducing Tether Gold: A Stable and Secure Way to Invest in Gold
The rampant currency depreciation being witnessed across many emerging markets has intensified the case for decentralized cryptocurrencies like Bitcoin and USDC as stores of value, or hedging assets. But gold [...]African Blockchain Ventures Witness a 429% Increase in Funding, Outstripping Global Growth of 4%
Africa is emerging as a vital destination for blockchain-based startup investment, as blockchain venture funding continues to rise globally. According to CV VC's second African Blockchain Report 2022, African blockchain [...]
