BitKE

South African banking giant, NedBank, plans to launch a novel use of smart contracts in the agriculture sector within the next 6-12 months, according to Cobus de Bruyn, Head of Client Value Propositions for Agriculture at NedBank Commercial Banking.

According to De Bruyn, smart contract

The Bank of Tanzania has introduced new regulations to protect borrowers from abusive digital lending by microfinance institutions, ensuring transparency in interest rates, fees, and data protection. This aims to enhance consumer confidence and lender responsibility while restricting lenders from using customers' social media for debt collection.

[PRESS RELEASE]
Vodacom Tanzania, the country’s leading telco company, is revolutionizing cross-border trade and digital financial inclusion with the launch of M-PESA Global Payment. In partnership with
VISA
Alipay
Network International
Magnati, and
MTN Uganda,
customers can now:
Make g

WorldCoin is an open-source system aimed at granting global economic access through decentralized tools like World ID and the Orb. Backed by organizations such as the WorldCoin Foundation and Tools for Humanity, it emphasizes user participation and humanness verification in a digital economy.

Momint, a South African startup, launched a blockchain wallet allowing users to buy 1Vouchers with Ethereum or USDC for transactions at over 10,000 local merchants. The app facilitates international fund transfers at low costs and partners with major retailers like Checkers and Woolworths.

Old Mutual Wealth and Inves Capital are collaborating to enhance liquidity for the ZARP Stablecoin, a South African Rand-linked cryptocurrency. This initiative aims to support decentralized finance and expand the use of stablecoins in emerging markets.