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NORTH AFRICA | Here Are The Winners of the Inaugural African Hedera Hackathon in Tunisia
Dar Blockchain hosted the first Hedera Hackathon in Tunisia, featuring 70 participants from 9 African countries. Winners included DigiLand, AfriKare, and Aqua, which focused on land certification, medical data control, and DeFi lending, respectively.
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HBAR4,36%
DEFI5,35%
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FINTECH | South Africa’s Moya Money is the Latest Fintech to Offer Payment Solutions for Africa’s Freelancers
Moya Money, a South African fintech startup, has relaunched with a new website and products targeting freelancers and small businesses. Founded in 2021 by former freelancers, it aims to empower users in financial management and streamline invoicing. The startup has gained recognition in the fintech sector and invites users to join its waitlist for the upcoming app release.
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Kenya’s Safaricom Drops Daily Interest Rates on Fuliza, M-PESA Mobile Micro-Loans, By 40%
Safaricom has reduced interest rates on micro-loans under its Fuliza service, effective October 2022, lowering charges for loans under 1,000 Ksh by 40%. This move aims to make borrowing more affordable for Kenyans, following discussions among key financial leaders.
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CALL FOR APPLICATIONS [DEADLINE: NOVEMBER 30, 2023] | Solana Web3 Incubator Accepting Applications for Web2 & Web3
Solana Labs has launched the 'Solana Incubator' program to support Web3 and blockchain projects with fundraising, development, and marketing on its platform. Open for applications until November 30, 2023, the initiative aims to remove barriers for founding teams and facilitate connections with venture capitalists.
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FUNDING | Ugandan Agri-Fintech, Emata, Raises $2.4 Million, Eyes Expansion into Tanzania
Emata, a Ugandan agri-finance startup, has secured $2.4 million in seed funding to enhance digital loans for farmers in East Africa. The investment aims to expand their market presence, particularly in Tanzania, while improving loan accessibility for smallholders in Uganda.
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AEON s'associe à Folks Finance pour apporter $FOLKS au Nigeria et dans d'autres marchés émergents
Le partenariat d'AEON avec Folks Finance améliore l'utilité du $FOLKS token, permettant des transactions dans le monde réel via AEON Pay. Cette collaboration élargit l'accès à plus de 50 millions de commerçants, faisant le pont entre la DeFi et le commerce quotidien tout en soutenant les normes de paiement IA pour une adoption future.
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BANKING | Over 30 Financial Institutions in Southern Africa to Adopt BankServAfrica’s Cross – Border P2P Clearing System
More than 30 financial institutions in the Common Monetary Area are adopting BankservAfrica's instant cross-border payment system, TCIB, aimed at simplifying peer-to-peer payments. The system offers secure, real-time processing and meets new regulatory standards, with FNB as its first adopter.
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REGULATION | Kenya Resists Efforts from the U.S. to Reinstate WorldCoin, Says Interior and National Administration Minister
Kenya has refused a US request to lift the suspension of the WorldCoin cryptocurrency project, citing concerns about financial safety and integrity, as stated by Interior Cabinet Secretary Kithure Kindiki.
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FUNDING | Emerging Markets Remittance Fintech, LemFi, Secures $53 Million Series B Funding, Now Handling Over $1 Billion in Monthly Payment Volume
LemFi, a London-based financial services platform tailored for immigrants, has secured $53 million in new funding which will support its expansion plans.
The Series B funding round was led by Highland Europe, a London-based growth-stage investment firm that supports startups generating over €10 mil
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CBDC | A Private Ugandan CBDC Pilot Initiative, Backed by Ugandan Treasury Bonds, Gets Underway
Two private companies have announced they are piloting a Ugandan Shilling (UGX) Central Bank Digital Currency (CBDC). The partnership is between:

Global Settlement Network (GSN) – pioneers blockchain infrastructure that powers secure, compliant, and interoperable digital asset ecosystems. Its p
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FUNDING | South African Agricultural Real World Assets Solana Marketplace, AgriDex, Raises Over $9 Million
AgriDex, a South African marketplace for real-world assets, raised $9 million to enhance its on-chain agricultural trades, handling commodities with instant settlements and low fees, targeting a $4.5 billion market and projecting $133 million in profits by 2028.
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SOL6,78%
AGRI0,36%
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