Snapshot On 14 African Economies During The Week.
Nigeria According to the Organisation of Petroleum Exporting Countries (OPEC), Nigeria's crude oil production plunged by 10.3% to 972,000bpd in Aug-2022 from 1,083,899bpd in Jul-2022....
Africa’s Biggest Gaming Social Community About To Launch, As Metaverse Magna Raises $3.2 Million .
Metaverse Magna (MVM), a blockchain gaming platform, has raised a $3.2 million seed sale token round to expand its efforts to build Africa’s largest gaming DAO...
Google Funds 60 African Start-ups With Nigeria Topping The List With 23 Slots.
Google Inc on earlier in the week, announced the selection of 60 eligible startups across Africa with $4 million dollars funding to enable them scale...
Group Brings Africa On Metaverse For Web 3 Users.
A group of metaverse builders are creating virtual environment with purpose for web 3 users in Africa, Costa Rica and Ukraine, to raise social awareness....
African Development Bank In Partnership With Japan Launch $5 Billion Support For Africa’s Private Sectors
On Monday, the government of Japan and the African Development Bank announced a $5 billion financial cooperation under the fifth phase of the Enhanced Private...
Nigerians Own 75% Of Crypto In Africa: Research Shows.
Research report from Triple A’s latest crypto ownership data, the African continent now has an estimated 53 million cryptocurrency owners. This constitutes about 16.5% of the...
$50,000 Up For Grabs In Ecobank Africa Fintech Challenge.
The banking group, Ecobank Group, has launched the fifth edition of the Ecobank Fintech Challenge and has encouraged African Fintech entrepreneurs to enter the competition. The...
A Common Africa Digital Currency: A Possibility For Economic Growth.
Interests are growing on the need for a harmonized digital currency to boost transborder transactions and remittance among Africans. With the blockchain technology available for...
Africa The “Crypto Continent” Records 1200% Growth In Cryptocurrency Ecosystem.
From June 2020 and June 2021, US$105.6 billion was sent to Africa in cryptocurrency payments, according to Chainalysis, this was a 1200% growth rate compared...
Kenyans Has Largest Ratio Of Citizens Who Owns Crypto In Africa: United Nations.
Recent data from the United Nations Conference on Trade and Development (UNCTAD) claims that Kenya has the highest proportion of crypto-owning inhabitants than any other...