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Google has selected six South African startups for its 2024 ‘Google for Startups’ Accelerator Africa: Black Founders Programme, providing each up to R1 million in funding, Google Cloud credits, and mentorship to support business growth and digital transformation.

JuicyWay, a Nigerian startup for cross-border payments, has raised $3 million in pre-seed funding to enhance its operations in multiple countries. Founded in 2021, it facilitates currency exchange for businesses using stablecoins and has processed $1.3 billion in transactions.

Favour Ori, CEO of PayDay, discusses the startup's growth as Africa's leading neobank and Starlink payment processor. Recently raising $3 million, PayDay boasts over 100,000 new users monthly and aims to streamline payment collection across Africa.

WiCrypt Network, a decentralized mobile internet sharing platform in Nigeria, secured a $150,000 grant from Microsoft to enhance its operations. The network allows users to monetize spare WiFi bandwidth while accessing the internet securely through decentralized hotspots.

С 1 января 2026 года страны Европейского союза (EU) начнут применять DAC8 – Восьмую директиву о административном сотрудничестве, впервые расширяющую автоматический обмен налоговой информацией на криптовалютные транзакции. Это фактически вводит криптовалюту в ту же систему прозрачности, которая уже действует для других финансовых операций.

PancakeSwap, the leading multi-chain decentralized exchange (DEX), has once again raised the bar for DeFi, reporting $325 billion in trading volume for June 2025, the highest single-month figure in the platform’s five-year history.
This milestone comes just one month after May’s

Национальный банк Руанды (BNR) опубликовал свой долгожданный отчет о концепции цифровой валюты центрального банка (CBDC), что является важным шагом к возможному внедрению цифрового франка Руанды (e-FRW).
Этот всесторонний PoC, проведенный в течение пяти месяцев, не только тестировал техническую осуществимость

Nestcoin, a Web3 startup in Africa, has laid off employees due to funds being held in the FTX exchange following its bankruptcy. CEO Yele Bademosi emphasized the need to adjust the company's strategy and plans. The layoffs impact 30 employees, with remaining staff facing a 40% salary cut.

Fedrok AG, a pioneering Swiss blockchain firm renowned for its innovations in carbon credit tokenization and sustainable Web3 technologies, has launched a new $20,000 blockchain development grant aimed at African developers.
This initiative is designed to foster the creation of blockchain-based

Aave has achieved significant growth, now representing 20% of the DeFi ecosystem’s total value locked at over $24 billion. Its token AAVE surged 90%, reflecting the broader DeFi rebound as institutional interest and mobile use cases drive engagement, particularly in emerging markets.

According to a post on Reddit by a member of its Community team, the social platform will put an end to its cryptocurrency project, Community Points, due to difficulty scaling it.

According to the post on r/CryptoCurrency by the user u/cozy\_\_sheets , the regulatory environment has added to sca

Ripple has partnered with Chipper Cash to improve cross-border payments in Africa using crypto. This collaboration aims to enhance transaction speed, reduce costs, and promote financial inclusion for 5 million users across several countries.