Visa master partnership

Visa & Yellow Card Partner to Launch Stablecoin Payment Corridor: How USDT/USDC Will Reshape Africa’s Remittance Economy

Lagos, Nigeria – In a watershed moment for African fintech, payments giant Visa has partnered with crypto platform Yellow Card to create the continent’s first regulated stablecoin payment corridor, enabling near-instant cross-border transfers across 20 African nations using USDT and USDC. The system, set to go live in Q4 2024, could slash remittance costs by…

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Sandbox

Kenya’s Crypto Space: New Competition Proposed Rules Target Exchanges, DeFi in Sweeping Draft Regulations

Nairobi, Kenya – The Kenyan government has unveiled its most comprehensive cryptocurrency regulatory framework to date through the Kenya Competition (Digital Asset Markets) Rules, 2024. These draft rules – currently open for public comment – represent a seismic shift in how crypto businesses must operate, with stringent requirements that could force half of existing platforms…

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Kenya fintech

UK’s KSh 17.7 Billion Fund Targets 500 Kenyan Startups: The Full Breakdown of Who Qualifies and How to Access the Cash

Nairobi, Kenya – A KSh 17.7 billion (£100 million) UK-backed investment fund is set to be released Kenya’s startup ecosystem, aiming to back 500 high-growth ventures over the next five years. Dubbed “Ukumbi” (Swahili for “platform”), this initiative represents the largest country-specific startup fund in East Africa, but comes with strings attached that could reshape…

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2345

Nairobi County & Muiaa Labs on Web3 Blockchain Bootcamp Awarding Ceremony: Celebrating Young Innovators

Nairobi, Kenya – May 14, 2025 The just-concluded Nairobi County Web3 & Blockchain Bootcamp Award Ceremony marked the triumphant end of a three-day intensive innovation program aimed at nurturing the next generation of blockchain developers. Hosted by MUIAA Labs in collaboration with the Nairobi City County Government and Computer Aid International, the event brought together…

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