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[WATCH] Akoin Sees Over $5 Million in Transactions with Over 35, 000 Active Users in Kenya – A Chat with Akoin Co-Founders

Akoin, the cryptocurrency by Akon, is thriving in Kenya, particularly at the Mwale Medical Technology Centre. Co-founders John Karas and Lynn Liss discuss the app's unique features, revenue generation, and plans to enhance crypto education in Africa.
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CALL FOR APPLICATIONS [DEADLINE: DECEMBER 15 2023] | Base Bootcamp Accepting Applications from Experienced Developers Looking to Transition to Web3

Base, Coinbase's Ethereum layer-2 blockchain, launches an eight-week course for mid to senior software developers to transition into blockchain developers. The program features mentorship, access to engineers, collaboration tools, and a comprehensive curriculum, aiming to grow on-chain development. Applications for cohort 4 close on December 15, 2023.
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BANKING | Over 30 Financial Institutions in Southern Africa to Adopt BankServAfrica’s Cross – Border P2P Clearing System

More than 30 financial institutions in the Common Monetary Area are adopting BankservAfrica's instant cross-border payment system, TCIB, aimed at simplifying peer-to-peer payments. The system offers secure, real-time processing and meets new regulatory standards, with FNB as its first adopter.
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LIST | Here is the List of Countries in Africa Where Stripe Stablecoin-Based Accounts Are Available

Stripe has launched stablecoin-based accounts across over 100 countries, including several African nations, to enhance financial inclusion and offer users a blockchain-powered alternative to traditional banking. This initiative aims to provide easier global commerce and reliable value storage in volatile markets.
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REGULATION | Flutterwave Receives Enhanced PSP License from Bank of Ghana

Flutterwave has obtained an Enhanced Payment Service Provider license from the Bank of Ghana, enabling it to offer diverse payment services in the country. This expansion taps into Ghana's growing digital payments market, enhancing payment processes for businesses and promoting economic growth.
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Kenya to Introduce a New Digital Identity Scheme in 2023 to Replace the Huduma Number

Kenya's government, under President William Ruto, plans a new digital identity scheme to replace the halted Huduma Number program, addressing concerns over data protection. The new plan includes a Unique Personal Identifier for various services, aiming for better integration while using blockchain for data security.
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REGULATION | Egyptian Fintech, Paymob, Secures Payment License from the UAE Central Bank

Paymob, a fintech leader in MENA and Pakistan, has secured a retail payment services license from the UAE's Central Bank, enhancing its regional footprint. Fueled by a $72 million funding round, Paymob aims to support over 350,000 merchants with diverse payment solutions and financial services.
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YellowCard and Block Partner on tbDEX, a Fiat-Bitcoin Cross-Border Payments Decentralized Network

Block, through its bitcoin developer platform, TBD, has joined forces with African crypto exchange, YellowCard, to enable access to a network of fiat on-and off-ramps as well as Bitcoin-based payments across 16 African nations.
According to the shared press release, the objective behind the
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PROJECT SPOTLIGHT | How Ethiopian RWA Blockchain Startup, WAGA, is Streamlining the Ethiopian Coffee Chain Through Tokenization

Ethiopian startup, WAGA, is looking to tap into the country’s vast agricultural potential by piloting a blockchain-powered platform in the coffee supply chain by mid-2025.
The Co-Founders, Emanuel Acho (PhD) and Hana Terefe, conceived WAGA while interning at Nethermind, a London-based blockchain re
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FUNDING | Nigerian Fintech, Klasha, Obtains a U.S. Money Transmitter License, Raises $2 Million to Expand Operations in Asia

Klasha, a Nigerian fintech, has secured an additional $2 million in funding, raising its total to $6.5 million. This investment will enhance cross-border B2B payment services between Asia and Africa, enabling seamless transactions with new operations in China and a Money Service Business license for the U.S.
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