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eNaira Adoption Soars Amid Cash Shortage: Transactions Rise 63%

The eNaira, recorded a 63% increase in transaction value due to the country's demonetization policy and cash shortage crisis, with an estimated 22 billion...
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Cassava Network and Unipass Partner to Boost Blockchain Integration

Cassava Network partners with Unipass to enhance blockchain technology integration and enable African businesses and users to transact seamlessly in Web3 space. Cassava Network announced...
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Crypto Scams: Egypt Arrests 29 Individuals in Online Fraud

Authorities from Egypt detained 29 individuals, 13 foreigners, over allegations of running online crypto scams that defrauded investors of nearly $620,000. Egyptian authorities have arrested...
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Zambia Toys With the Idea of Crypto Regulation

Felix Mutati, the Minister for Technology and Science in Zambia, said that the country is testing technology for crypto regulation. While speaking in Lusaka, the...
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Rwanda Prohibits Financial Services Providers from Crypto Activities

The National Bank of Rwanda prohibits financial services providers from engaging in crypto activities due to regulatory concerns and risks. The National Bank of Rwanda...
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Modus Capital Selects Start-ups for MV Builder 2 in Egypt

Modus Capital selects start-ups for MV Builder 2 in Egypt, focusing on digital inclusion and offering $250,000 in funding for each of the ten...
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Metaverse Tech Transforms Africa’s Digital Economy

Metaverse technology is transforming Africa's digital economy, with Nigeria, South Africa, and Egypt among the countries leveraging virtual reality applications in the education, medical,...
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Cryptorrence covers Crypto, Defi, NFTs, fintech, blockchain, and more, bringing you the latest news and analyses on the future of money.

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