In a significant milestone for the fintech sector in Nigeria, Moniepoint has recently announced that it has reached unicorn status following a successful funding round of $110 million. This funding is backed by a consortium of investors, including industry giants such as Google and other pre-existing supporters like Development Partners International and Lightrock. Such a […]
Stablecoins Now Represent 43% of Africa’s Crypto Market
Stablecoins are emerging as a vital component in Africa’s financial landscape, now accounting for 43% of the continent’s crypto market. As reported by Chainalysis, this trend signifies a growing reliance on digital currencies that offer a stable alternative to traditional fiat currencies, particularly in regions struggling with economic instability and inflation. With approximately 70% of […]
Google Faces Censorship Accusations from African Stream
Google is currently navigating a significant controversy sparked by accusations of censorship related to the pan-African media organization, African Stream. This platform, dedicated to showcasing African narratives and providing a counter-narrative to negative stereotypes, claims that Google has restricted its access to Gmail Workspace, resulting in the irreversible loss of two years’ worth of important […]