Nigeria-based global web3 startup, Nestcoin, has raised $6.45 million in pre-seed capital, as it aims to make crypto accessible primarily in frontier markets and their new funding will go toward their mission. Pan African venture capital firm 4DX Ventures backed the funding round with participation from Serena Ventures, launched

African Blockchain Lab has received a $6M Series Pre-A investment to fund the launch of its crypto wallet  VIBRA, which will help increase digital asset usage in Africa. The Pre-A round was co-led by a consortium of global investors, including renowned African venture capital firms Lateral Frontiers VC, CRE Venture

Nigeria’s crypto startup AFEN Group has raised $1million in token sales round. AFEN Group is Nigeria’s first government-backed NFT initiative launched by its 27-year old CEO and former banker, Deborah Ojengbede. The platform has been focused on decentralized finance, arts, real estate, and education while acting as a

Luno, a South African cryptocurrency exchange platform,  has teamed up with Genesis, a digital currency prime brokerage platform to let customers earn interest on crypto holdings. The partnership creates savings accounts that offers institutional-level interest rates to clients in traditional and emerging markets. These innovative savings accounts will provide traditionally

South African cryptocurrency exchange platform, ChainEx has announced a collaboration with one of the world’s biggest exchanges, OKEx. The new deal will give crypto traders more liquidity and access to a wide variety of digital assets on a global exchange. ChainEX is the only digital asset exchange that provides

South African fintech, Centbee has rolled out a new feature in its Bitcoin wallet to enable users to purchase prepaid electricity, airtime, and data. Centbee leverages Bitcoin Satoshi’s Vision (SV)  to offer services to global customers through an intuitive Bitcoin SV  wallet, which can be used to send and

Bundle, a social payment app for cryptocurrency has launched a community for crypto enthusiasts with the mission to promote the adoption of cryptocurrency in Africa. In a series of tweets, the company announced the launch and enumerated the benefits members stand to gain from the community. According to the tweet,

Facebook Inc. has renamed its blockchain division, called Calibra to “Novi”, to avoid the confusion of it’s Libra digital currency. Upon completion, the coin will be used as a digital wallet for Facebook’s apps but the coin will not be controlled by Facebook. According to the head of