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Blockbank founders, Sozi and Adam. Photo: Blockbank

Blockbank, a blockchain bank, purchases stake in Kenya’s Spire bank

Blockbank, a blockchain bank, has today announced that it bought a stake in Kenya's Spire bank. After the purchase, both will go ahead to partner on several services. "Blockbank purchase stake in...
Blockchain

Blockchain experimentation highest in Kenya, Nigeria & South Africa – Report

As the globe gets much more connected, there is the need to improve processes and drive efficiency. In a recently released report, Liquid Telecom examined the opportunity that blockchain presents in improving transparency...
bitpesa

BitPesa, an online payment platform, has expanded to Ghana

BitPesa, an online payment platform has officially announced its expansion to Ghana. This was through the company's blog. "We’re thrilled to announce that BitPesa is now live in Ghana," wrote BitPesa. Adding...
rimini

Italian football club Rimini becomes first to be purchased in cryptocurrency

Italian Serie C side Rimini FC became the first club in history acquired using cryptocurrency. The purchase was made using Quantocoin, a blockchain-based currency currently in its ICO stage. The exchange for the sale...
Elkrem

Egypt blockchain startup Elkrem closes $75k from ConsenSys Ventures

Elkrem, a Cairo-based blockchain startup has closed a $75,000 round. The investment came from Tachyon, an accelerator by Consensys Ventures. The investment follows Elkrem being admitted into Tachyon accelerator program, together with...
Binance Uganda

Binance Uganda is now live, trading to begin soon

In June this year, Binance announced the launch of Binance Uganda, a fiat-cryptocurrency exchange in a move aimed at showing its commitment to Uganda. Registrations on the platform were opened up...
Bismart Insurance

GreenTec Capital announces investment in Kenya’s Bismart Insurance

GreenTec Capital Partners has announced its investment in Bismart, a Kenyan insurance aggregator. "GreenTec Capital is very pleased to announce its investment into Bismart Insurance from Kenya," read the statement. Although the...
Cryptocurrency

How different African governments have reacted to cryptocurrency

Zimbabwe, through its central bank, the Reserve Bank of Zimbabwe, recently banned cryptocurrency trading. The bank issued a warning to all the financial institutions in Zimbabwe. Giving them only 60 days...
Changpeng Zhao (L) and the Binance Delegate being received by Kwame Rugunda (R) the head of the Blockchain Association Uganda

Chinese Crypto-billionaire founder of Binance visits Uganda

Changpeng Zhao, a Chinese crypto-billionaire has today concluded his visit to Uganda. The founder of Binance, a crypto exchange platform jetted into Uganda over the weekend. The purpose of his visit was...
African ICO

What you should know before participating in an ICO

After a warning from Uganda’s central bank about OneCoin, there continue to be stories about other coins claimed to be Ponzi schemes. In spite of this, many cryptocurrencies are traded in...