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Encrypted Web3 Email Marketing Service, EtherMail, Wants to Dethrone MailChimp
EtherMail is a Web3 email platform offering anonymous, encrypted wallet-to-wallet communication. It enables businesses to engage asset holders with real-time data while rewarding users for reading. Following MailChimp's withdrawal from the blockchain sector, EtherMail aims to enhance secure communication and mitigate phishing risks.
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STABLECOINS | Western Union to Introduce ‘Stable Cards’ in High-Inflation Economies as Part of its Stablecoin Strategy
Western Union plans to roll out a ‘stable card’ aimed at consumers in high-inflation economies – part of a broader stablecoin and digital-asset strategy.
Speaking at the UBS Global Technology and AI conference, CFO Matthew Cagwin said this initiative builds on earlier announcements that Western Uni
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Mara Reportedly Lays Off 85% of its Workforce and Implements Salary Cuts Amid Claims of Over-Spending
Pan-African crypto company, Mara, which made headlines when it raised $23 million in one of the biggest Web3 raises on the continent, has laid off approximately 85% of its employees and implemented salary cuts for remaining employees, a new report alleges.
Quoting a source within the company, the r
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FUNDING | 5 African Projects Among the Recipients of $12.8 Million Ethereum Ecosystem Grant Program in Q3 2024
Ethereum awarded $12.8 million in grants to 75 projects in Q3, including five companies from Africa, to enhance its ecosystem. Notable projects include training programs and workshops in Kenya, Rwanda, and Nigeria.
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LIST | Google Unveils 10 AI and ML Startups from Sub-Saharan Africa for its 2024 Accelerator Cohort
Google has unveiled its 2024 Google for Startups Accelerator Africa Cohort, selecting ten startups from nearly 1,000 applicants across Kenya, Nigeria, Rwanda, and South Africa. The program offers mentorship and resources for growth from July to September 2024.
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STUDY | South Africa Leads Globally Among Countries with Largest Declines in CBDC Interest
A 2024 research paper evaluates the early impacts of CBDC adoption on macroeconomic indicators and subjective well-being, finding limited effects on GDP growth and inflation despite substantial enthusiasm for CBDCs.
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Kenyan Fintech, M-KOPA, Ranked Amongst the Financial Times’ Fastest Growing Companies in Africa for the 4th Consecutive Year
M-KOPA, a leading fintech company in Africa, has been recognized for its rapid growth, achieving a 42% CAGR from 2020-2023 and over 65% in 2024. With a focus on unbanked consumers, it finances smartphones and offers tailored mobile financial services, expanding its impact across multiple African countries.
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PROJECT SPOTLIGHT | How 2 Nigerian Engineers Built HyperBridge – The First ‘Truly Decentralized Bridge’ Globally
Polytope Labs, the Nigerian research startup behind Hyperbridge, is redefining blockchain infrastructure from Africa – solving one of the toughest problems in the crypto world: interoperability.
Founded by Seun Lanlege and David Salami, the company has attracted global attention for developing a br
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INTRODUCING | The Hedera Foundation Announces the Launch of the Nairobi Securities Exchange (NSE) Innovation Lab
The NSE Innovation Lab, launched by the Hedera Foundation and the Nairobi Securities Exchange, aims to transform African capital markets by fostering innovation and collaboration. It focuses on enhancing liquidity, efficiency, and financial inclusion through technology.
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