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Nigerian Crypto Infrastructure Startup, Yuki, Partners with Nigerian Neobank, Aladdin Digital Bank, to Mainstream Digital Assets in Africa
Yuki, a Nigerian fintech, partners with Aladdin Digital to enhance digital asset access for over 75,000 users in Africa. This collaboration simplifies crypto solutions for fintech firms while promoting responsible investing and user-friendly experiences in the crypto ecosystem.
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LIST | Here Are the 6 South African Startups Selected for the 2024 ‘Google for Startups’ Accelerator Africa: Black Founders Programme
Google has selected six South African startups for its 2024 ‘Google for Startups’ Accelerator Africa: Black Founders Programme, providing each up to R1 million in funding, Google Cloud credits, and mentorship to support business growth and digital transformation.
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FUNDING | Nigerian Fintech, JuicyWay, Raises $3 Million to Provide FX Exchange Using Stablecoins
JuicyWay, a Nigerian startup for cross-border payments, has raised $3 million in pre-seed funding to enhance its operations in multiple countries. Founded in 2021, it facilitates currency exchange for businesses using stablecoins and has processed $1.3 billion in transactions.
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WATCH | ‘We’re the Biggest Processors of Starlink Payments in Nigeria’ – A Chat with CEO, PayDay
Favour Ori, CEO of PayDay, discusses the startup's growth as Africa's leading neobank and Starlink payment processor. Recently raising $3 million, PayDay boasts over 100,000 new users monthly and aims to streamline payment collection across Africa.
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FUNDING | Nigerian Web3 Startup, WiCrypt, Receives $150,000 Grant from Microsoft
WiCrypt Network, a decentralized mobile internet sharing platform in Nigeria, secured a $150,000 grant from Microsoft to enhance its operations. The network allows users to monetize spare WiFi bandwidth while accessing the internet securely through decentralized hotspots.
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PEAQ-5.22%
TOKEN-10.24%
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TAXATION | What You Need to Know About the European Union (EU) New Crypto Tax Reporting Requirements
From January 1, 2026, European Union (EU) countries will start enforcing DAC8 – the Eighth Directive on Administrative Cooperation, extending automatic tax information exchange to crypto transactions for the first time. This effectively brings crypto into the same transparency system that already co
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MILESTONE | PanCakeSwap Shatters Records with Over $300 Billion Monthly Volume in June 2025, Over $500 Billion in Q2 2025
PancakeSwap, the leading multi-chain decentralized exchange (DEX), has once again raised the bar for DeFi, reporting $325 billion in trading volume for June 2025, the highest single-month figure in the platform’s five-year history.
This milestone comes just one month after May’s
CAKE-5.86%
BNB-5.23%
ETH-7.81%
ARB-16.29%
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CBDC | Rwanda Moving to Pilot its e-FRW CBDC with Real Users After a Successful PoC
The National Bank of Rwanda (BNR) has published its long-awaited Central Bank Digital Currency (CBDC) Proof of Concept (PoC) Report, marking a significant step toward a potential Rwanda digital franc (e-FRW).
This comprehensive PoC conducted over five months not only tested technical feasibility
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Nigerian Web3 Startup, Nestcoin, Admits Funds Stuck in FTX – Releases 30 Employees
Nestcoin, a Web3 startup in Africa, has laid off employees due to funds being held in the FTX exchange following its bankruptcy. CEO Yele Bademosi emphasized the need to adjust the company's strategy and plans. The layoffs impact 30 employees, with remaining staff facing a 40% salary cut.
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MAGMA-4.08%
J-14.01%
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CALL FOR APPLICATIONS [DEADLINE: JUNE 1 2025] | Fedrok AG Announces $20,000 Blockchain Grant to All African Developers Looking to Build for Chad and Niger
Fedrok AG, a pioneering Swiss blockchain firm renowned for its innovations in carbon credit tokenization and sustainable Web3 technologies, has launched a new $20,000 blockchain development grant aimed at African developers.
This initiative is designed to foster the creation of blockchain-based
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MILESTONE | Aave Now Controls 20% of DeFi Total Value Locked
Aave has achieved significant growth, now representing 20% of the DeFi ecosystem’s total value locked at over $24 billion. Its token AAVE surged 90%, reflecting the broader DeFi rebound as institutional interest and mobile use cases drive engagement, particularly in emerging markets.
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AAVE-11.71%
ETH-7.81%
APT-12.72%
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