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South African crypto exchange VALR has gained initial approval from Dubai's VARA, a significant step in its global expansion. The approval allows VALR to move toward establishing a virtual asset exchange in Dubai, targeting the region's growing crypto market.

Canza Finance, a Web3 neobank for African startups, raised $2.3 million to secure financial licenses and develop its DeFi platform, Baki, for cross-border payments.

Egypt plans to introduce a digital Pound (E-Pound) by 2030 as part of a financial digitalization initiative aimed at enhancing monetary policy, boosting economic competitiveness, and achieving 100% financial inclusion.

Chipper Cash has expanded its fintech services to Rwanda, aiming to enhance financial inclusion through a mobile app facilitating cross-border transactions and global payments. This expansion seeks to empower Rwandans with easy access to financial services, supporting economic growth. Future offerings include a virtual card and tools for SMEs.

Partech has raised €245 million for its second AfricaTech Fund, surpassing its initial goal of €230 million. The fund aims to invest $1 million to $15 million in startups, attracting significant global interest in African venture capital.

Gitcoin seeks more African projects for grants to support public goods. Public Goods Africa aims to enhance funding opportunities on the continent, promoting innovation and community empowerment while showcasing local talent. Applications for Gitcoin Grants 19 are now open.

Google has announced a list of 11 African startups to join the Google for Startups Accelerator: AI First program.
The startups, which include Kenyan Blockchain AI startup, Fastagger, will be embarking on a 10-week journey to scale their AI solutions globally and for Africa, Google said. They’ll

In the evolving world of agri-fintech, Kenyan startup, VunaPay, is making waves by addressing one of the most pressing challenges faced by smallholder farmers – delayed payments.
With a mission to provide instant payout solutions, VunaPay is transforming the financial landscape for farmers across K

The Bank of South Sudan, in collaboration with the AfricaNenda Foundation, is launching a National Instant Payment System (NIPS) to enhance real-time financial transactions and improve access to services, aiming for greater financial inclusivity.

Treasury Secretary Janet Yellen predicts a gradual decline in the dollar's global reserve share, though no alternatives can fully replace it. With increasing diversification and questioning of dollar reliance, BRICS nations aim to establish a new currency.

Momint, a South African startup, launched a blockchain wallet allowing users to buy 1Vouchers with Ethereum or USDC for transactions at over 10,000 local merchants. The app facilitates international fund transfers at low costs and partners with major retailers like Checkers and Woolworths.

One of the problems that troubled crypto projects in 2022 was an increased vulnerability to hacks.
So far in 2022, ~$3.4 billion has been lost to various scams and exploits in the Web3 world and a total of 573 attacks recorded in 2022, according to blockchain security company, CertiK.
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Solidus Ai Tech is set to launch Agent Forge, a groundbreaking platform designed to redefine how users interact with AI agents.
By harnessing the power of artificial intelligence, Agent Forge enables anyone – not just developers – to create customized AI agents that automate tasks, enhance

Opera has launched MiniPay, a blockchain wallet integrated into its Opera Mini browser, facilitating affordable stablecoin transfers in Africa through mobile numbers, with automatic key backups for user recovery.