Global #Africa

Tether has formalized a strategic partnership with the United Nations Office on Drugs and Crime (UNODC) to bolster law enforcement and digital security across Africa.

Ripple has officially expanded its institutional-grade stablecoin, RLUSD, into Africa through new collaborations with prominent fintech and crypto platforms.

Recursive Capital, a venture capital firm focused on Bitcoin adoption in Africa, has successfully closed its first funding round.

Off-ramping cryptocurrency to local currencies can often be a cumbersome process, but Decaf is changing that landscape. Active since 2022, Decaf has enabled users in Latin America and Africa to easily convert their $USDC into local currencies.

In a significant move to bolster cryptocurrency accessibility across Africa, Yellow Card, a leading cryptocurrency exchange, has announced a partnership with Alchemy Pay, a global fiat-crypto payment gateway.

Tether, the company behind the world’s largest stablecoin, has announced a significant investment of $1.5 million in Sorted Wallet, a financial technology platform designed to improve accessibility to cryptocurrencies for underserved populations in Africa and South Asia.

Trust Wallet, the decentralized crypto wallet backed by former Binance CEO Changpeng Zhao (CZ), is experiencing notable growth, particularly in developing regions such as Africa and South Asia.

Binance, the world’s largest cryptocurrency exchange by market capitalization, is making significant strides in Africa with its latest expansion.

In a significant milestone for the African continent, blockchain technology has surged to new heights in the global investment landscape. According to recent reports, Africa's share of global blockchain deals has skyrocketed to an unprecedented 1.8% during the first half of 2024, marking a substantial increase from previous years.

The African continent is witnessing a surge in cryptocurrency adoption, and a key driver behind this growth is Solana's influence.

The 3i Africa Summit, held from May 13th to 15th, 2024, in Accra, Ghana, concluded with a resounding success. The summit, organized by the Bank of Ghana (BoG) and Development Bank Ghana (DBG) in partnership with Elevandi (set up by the Monetary Authority of Singapore), served as a pivotal platform for stakeholders across Africa's digital finance and technological landscape.

The plans for this year's Crypto Fest conference, a three-day event that will take place in Cape Town in October, have been released by Bitcoin Events, Africa's top cryptocurrency event organizer.