Nigeria Launches Tech Funds Totalling $618 Million For Youth Investors.
Nigeria’s Vice President Yemi Osinbajo launched the $618 million fund under the Investment in Digital and Creative Enterprises (iDICE) in the federal capital Abuja, on Tuesday to support tech and creative sectors for young investors who struggle to raise capital…
Binance P2P MarketPlace Will Now Support More New African Currencies Without Third Parties.
Crypto Exchange platform Binance has announced that its peer-to-peer (P2P) marketplace will now support more African currencies, including Liberian dollar (LRD), Sierra Leonean leone (SLL), Gambian dalasi (GMD), Mauritanian ouguiya (MRO), and Cape Verdean escudo (CVE). Users in these regions…
The African Development Bank’s Coding for Employment Program Opens Second Center in Kenya
The African Development Bank has opened a second Information and Communications Technology Centre of Excellence at the United States International University-Africa in Nairobi. This marks an important milestone for the Bank’s Coding for Employment program, and its growing partnerships with…
Zambia Is Set To Regulate And Open To Use Crypto Technologies.
The central bank of Zambia and the country’s Securities and Exchange Commission SEC said that they are in the process of checking out technology to regulate cryptocurrencies, the country’s minister of Technology and Science, Felix Mutati, has said. According to…
Nigerian Fintechs To Be Listed on NGX, As Advisory Panel Announced.
Nigerian Exchange Limited (NGX) has set up the NGX Digital and Technology Products Advisory Panel. The Panel would provide a forum for the Exchange to interact with the capital market community and the fintech ecosystem to enhance and increase NGX’s…
Kenya New Regulatory Sandbox For Tech Startups Calls For Industry Expert Inputs.
The Communications Authority of Kenya (CAK) recently published a draft called: “Framework for Emerging Technologies Regulatory Sandbox” for tech ecosystems, and is seeking feedback from the public by February 3, 2023. The CAK has the responsibility of establishing and reviewing…
Three Nigeria Tech Startups To Share $750,000 Support Grant.
Out of 11 innovative companies selected across Africa, three Nigerian tech startups have been selected to join stage 3 of the Africa Startup Initiative Program (ASIP) Accelerator Programme by Startupbootcamp Africa. The Nigerian startups include PharmaServ, Park well, and Jand2Gidi. …
How A “Stop Loss” Can Make You A Better Crypto Investor.
It’s essential that you use a stop loss when trading crypto. It would be best if you used a stop loss when trading any financial instrument. Still, crypto is extraordinarily volatile, and therefore you need to ensure that any time…
Nigeria Fintech Industry Now Worth N9 Billion: Expert Says.
Following the passage of the national startup Act in October 2022, the Co-founder and Chief Executive Officer, Piggy Vest, Ms. Odunayo Eweniyi, has disclosed that Nigeria’s fintech (digital) ecosystem is now worth about N9 billion in investment. Specifically, out of…
Keep Your Crypto Assets Secure With Trust Wallet.
While investing in cryptocurrency, you must pay close attention to wallet security to avoid crypto-thefts, hacks and attacks etc. A mistake many people make is storing their assets on exchanges because no exchange can be a secure crypto wallet. As…