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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.

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.

A parceria do AEON com a Folks Finance aumenta a utilidade do $FOLKS token, permitindo transações no mundo real através do AEON Pay. Esta colaboração amplia o acesso a mais de 50 milhões de comerciantes, ligando DeFi e comércio cotidiano, ao mesmo tempo que apoia os padrões de pagamento AI para adoção futura.

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.

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.

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

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

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.

Thepeer, a Nigerian API startup that raised $2.1 million in 2022, has shut down operations due to growth challenges and compliance issues, despite aiming to connect over 400 fintech companies for seamless payment processing.