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WEST AFRICA | The Gambia Signs Deal to Build Gambia One, a Blockchain-Powered Digital Public Infrastructure
The Gambia is collaborating with the Kalp Foundation to create Gambia One, a blockchain-powered digital public infrastructure. This initiative aims to enhance digital services, empower youth, and promote inclusivity while setting a global benchmark in digital transformation.
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PARTNERSHIP | Conflux Network and China Mobile’s Mingu Debut World’s First Blockchain-Based Video Ringtone
Conflux Network, China’s only regulatory-compliant public blockchain, is teaming up with China Mobile, the nation’s largest telecom provider boasting over 1 billion monthly users. This strategic alliance aims to revolutionize digital collections via Migu, China Mobile’s digital content division.
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CFX-3,81%
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REPORT | 97% of All MemeCoins Created Have Died, More than 2,000 Die Daily in 2024, Says New Report
A report reveals that 97% of memecoins fail, with an average lifespan of one year. The high turnover rate reveals their speculative nature, with over half deemed malicious, highlighting risks for investors and a cautious media stance.
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MEME-4,09%
SOL-3,39%
ETH-1,27%
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Q&A | How Africa-Focussed Stablecoin Liquidity Provider, MANSA Finance, Grew Over 37% MoM in 6 Months – A Chat with CEO, MANSA Finance
MANSA Finance, a Dubai-headquartered Africa-focussed liquidity platform for payment companies, raised a combined $10 million in February 2025 — $3 million in equity led by Tether and $7 million in revolving stablecoin credit. It happened after processing $100 million in transactions and
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FUNDING | French VC, Breega, Launches Inaugural $75 Million Fund to Invest in Early-Stage Startups Across Africa
Breega, a French VC firm, has launched its first African fund, Breega Africa Seed I, with $75 million to invest in early-stage startups across Africa. The fund focuses on sustainable innovations in key sectors and has opened offices in Lagos and Cape Town to manage investments.
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LAUNCH | MetaMask to Launch Self-Custody Wallet Debit Cards with MasterCard
MetaMask partners with MasterCard to launch a debit card linking to self-custody wallets, enabling crypto payments globally. The card, issued by Baanx, will facilitate immediate crypto-to-fiat conversions, enhancing financial access for users, especially the unbanked.
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ETH-1,27%
LINEA-8,35%
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BInk Wins Fintech / Fintech Enabler Award at Egypt’s Entrepreneur Awards
Egyptian digital lending startup Blnk was awarded the Fintech Enabler title at the Egypt Entrepreneur Awards for its innovative point-of-sale lending solutions, enhancing financial inclusion in a market with low credit card usage.
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Applications for First Cohort of Bank of Ghana Regulatory Sandbox to Open on February 13 2023
The Bank of Ghana is inviting innovators, particularly financial service providers, to join its regulatory sandbox from February 13 to March 14, 2023, aimed at testing new digital financial services and addressing inclusion challenges.
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African Accelerator, Adaverse, invests in Nigeria’s BoundlessPay to Scale Cross-Border Payments on Cardano Blockchain
BoundlessPay, a Nigerian digital banking platform, has secured seed funding from Adaverse to simplify cross-border transactions for Africans. Utilizing blockchain technology, it offers a mobile and web platform for convenient currency operations, stablecoin usage, and a commitment to supporting the Cardano ecosystem.
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ADA-2,4%
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Egyptian Fintech, Axis, Secures Licence to Launch Digital Payments Platform, AxisPay
Axis, an Egyptian fintech company, has announced the successful launch of its digital payments platform, AxisPay, intended to streamline payments and businesses of SME’s in the North African powerhouse.
The company obtained a license from the Central Bank of Egypt (CBE) for its mobile wallet
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FUNDING | South African Fintech, Revio, Secures $5.2 Million in Seed Funding to Fix the Fragmented African Payment Ecosystem
Revio, a South African payment orchestration platform that assists merchants in streamlining their order-to-cash processes, has disclosed a seed funding round totaling $5.2 million.
This funding round was spearheaded by QED Investors, with participation from:
Partech, as well as ongoing
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BitChat Tops App Charts in Uganda Amid Internet Shutdown Ahead of 2026 Presidential Elections
The decentralized app BitChat became the most-downloaded app in Uganda during a nationwide internet shutdown amid presidential elections, as it allows communication without the internet. The app’s rise reflects public demand for uncensored communication tools.
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MILESTONE | South Africa’s TymeBank Announces Profitability – A Rare Milestone For a Digital Bank in Africa
TymeBank achieved profitability in December 2023, becoming the first digital bank in South Africa to break even within five years of its launch. With 8.5 million customers, strategic partnerships, and innovative services, TymeBank plans to become one of the top three retail banks in the country.
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LIST | South African Crypto Exchange, Luno, Crowned 2025 ‘Crypto Exchange of the Year’ by MyBroadband
Luno has been named MyBroadband's 2025 Crypto Exchange of the Year, recognized for its ease of use, reliability, and user trust. Factors like strong customer support, security, and a longstanding market presence contributed to this accolade, marking significant maturity in the African crypto landscape.
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