Category: Digital Currency
-
Leading Fintechs in Pan-African Countries
Fintech funding and market size vary significantly across African countries, with Nigeria, South Africa, and Egypt consistently leading in both venture capital and active market volume, followed by rapidly advancing markets like Ghana, Ethiopia, Senegal, Liberia, Cรดte d’Ivoire, and Gambia๏ฟฝ๏ฟฝ๏ฟฝ. Funding Leaders: Nigeria, South Africa, and EgyptNigeria is the continentโs powerhouse, often drawing a third…
-
Bank of Ghana Declares 50 Loan Apps Illegal: What This Means for Fintech in Africa
By: Tekpwfari Stix El| panafrican.email Date: May 31, 2025 — Introduction In a decisive move to regulate the fast-growing digital lending space, the Bank of Ghana (BoG) has declared 50 digital loan apps illegal, citing consumer abuse, data privacy violations, and failure to obtain proper licensing. The announcement has sparked intense public debate on financial…
-
Afrostar: Africa’s Ambitious Leap into the Crypto Frontier
As the global cryptocurrency landscape evolves, Africa is making its mark with Afrostar (AFRO), a digital currency aiming to unify and empower the continent’s financial ecosystem. Positioned as “The United Digital Currency of Africa,” Afrostar seeks to bridge economic disparities and foster financial inclusion across African nations. What is Afrostar? Afrostar is a cryptocurrency project…
-
Africa: Jiji Expands Beyond Africa With Bangladesh E-Commerce Entry
African online marketplace Jiji will launch operations in Bangladesh, marking its first expansion outside the continent. The move targets the country’s growing middle class, mobile connectivity, and expanding e-commerce sector, which is expected to reach $13 billion by 2027, according to Payments and Commerce Market Intelligence (PCMI). Jiji operates in seven African countries, including Nigeria,…
-
XRP’s Integration into the Federal Reserve System: Impact on Pan-African Nations and Emerging Cryptos
Recent developments suggest that Ripple’s XRP is being considered for integration into the U.S. Federal Reserve’s payment infrastructure, potentially through indirect associations with service providers involved in the FedNow system. This move could have significant implications for Pan-African nations, particularly in enhancing cross-border transactions and financial inclusion. XRP’s Integration into the Federal Reserve System The…
-
The Future of Cryptocurrency in Pan-African Nations by 2030
Cryptocurrency is poised to significantly impact Pan-African nations by 2030, particularly in the realms of business transactions, education, and governmental policies. As digital currencies gain traction across Africa, they present both opportunities for financial independence and challenges linked to neo-colonial tactics aimed at controlling emerging economies. This article explores the main cryptocurrencies likely to influence…
-
๐ฐ๐ช Stellar XLM Adoption in Kenya and Africa
Stellar Lumens (XLM) is making significant strides in Kenya and across various African nations, offering innovative solutions to financial challenges and promoting economic inclusion. Market Capitalization and Current Status As of February 22, 2025, Stellar (XLM) is trading at approximately $0.3363 USD, with a market capitalization of around $10.31 billion USD. This positions XLM as…
-
Bitcoin ban: African countries where crypto is restricted or illegal
Bitcoin has been controversial since its beginning in 2009, as have the subsequent cryptocurrencies that followed in its wake. Due to its extreme volatility, its use in nefarious transactions and the exorbitant use of electricity to mine it, the legal status of the digital currency varies substantially from country to country. But as more Africans…
-
Donโt Let Market Noise Shake You: Michael Saylorโs Case for Holding Bitcoin Through the Chaos
In the ever-volatile world of cryptocurrency, the Bitcoin market remains one of the most unpredictable and anxiety-inducing spaces for investors. Prices can swing dramatically within hours, sparking panic among those unprepared for the emotional rollercoaster. Yet, according to Michael Saylor, executive chairman of MicroStrategy, the key to unlocking Bitcoinโs astronomical potential lies not in panicking…
-
First criminal crypto tax evader in US sentenced to two years in prison
Quick Take An Austin, Texas, man received a two-year sentence for falsely underreporting capital gains earned from selling $3.7 million in bitcoin โ marking the first criminal tax evasion prosecution centered entirely on cryptocurrency. The false tax returns were filed by Frank Richard Ahlgren III between 2017 and 2019. They did not report or underreported…
Recent Posts
- Leading Fintechs in Pan-African Countries
- ๐ช๐น Abiy Ahmed Launches Ethiopiaโs First Drone Assembly Factory Amid Regional Arms Race
- ๐จ๐ฒ Cameroon judges reject election-rigging complaints
- ๐ฐ๐ช Kenyaโs Spiro Secures ‘Africaโs Largest-Ever Investment in Electric Mobility’ to Expand Its Pan-African Network
- Space Weather and Earth Hazard Report: Rare Auroral Displays, Campi Flegrei Unrest, and Pan-African Earthquake Watch
Tags
Africa African Union Algeria Banking Sector Burkina Faso China Cryptocurrency Digital Currency DRC ECOWAS Egypt Ethiopia France Ghana Gold Guinea Haiti Immigration Kenya Liberia Libya Mali Military Industries Mining Morocco Niger Nigeria Oil & Gas Industry Pan African Communication Pan African Nations Presidential Elections Protest Republic of Liberia Russia Senegal Sierra Leone Somalia South Africa Sudan Uganda United Nations United States United States of America West Africa Zimbabwe
Comments
Wow wonderful blog layout How long have you been blogging for you make blogging look easy The overall look of…
๐๐๐๐๐๐ค ๐๐ ๐ฃ ๐ฅ๐๐ ๐ฆ๐ก๐๐๐ฅ๐ .