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PRESS RELEASE | SWIFT to Add Blockchain-based Ledger to its Infrastructure Stack in Groundbreaking Move
SWIFT has announced that it will add a blockchain-based shared ledger to its technology infrastructure, a pivotal step for global finance that promises to make instant, always-on cross-border transactions possible at unprecedented scale.
SWIFT already has kicked off work with a group of more
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DFS Lab and Stellar Blockchain Launch ‘The Africa Fund I’ to Transform Digital Payments in Africa
DFS Lab, an early-stage investor in Africa, in partnership with the Stellar Development Foundation, a non-profit entity that aids in the advancement and expansion of the Stellar network, has launched the DFS Lab Stellar Africa Fund I to support promising entrepreneurs and teams in Africa who seek to
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INTRODUCING | The Central Bank of Nigeria Approves Launch of the Africa Stablecoin Consortium to Pilot the cNGN Naira Stablecoin (Updated)

[UPDATE: The Nigerian stablecoin consortium has said it will not be launching a stablecoin in late February 2024 as previously advised. Instead, the consortium, which is comprised of banks and fintech startups, said it plans to launch the stablecoin only after it gets the green light from the
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IN PICTURES | Layer 1 Blockchain, Gluwa, Pays Courtesy Visit to Vice President of Nigeria
The CEO of Gluwa, Tae Oh, has paid a courtesy call to the Vice President of Nigeria, Kashim Shettim, as a display of commitment to enhancing the digital and creative industries in Nigeria.
The discussion served as an exploratory platform for potential collaborative efforts to enhance Nigeria’s digi
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OPINION | The Case of Regulated Blockchain Infrastructure
The financial sector is undergoing a pivotal transformation. While digital financial services have revolutionized accessibility and convenience, they have also introduced challenges such as regulatory uncertainty, inefficiencies in cross-border transactions, fraud risks, and high costs that still li
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Whatsapp Introduces ‘Communities’ and 3 More Features in Major Update – A Big Boost to African Whatsapp Crypto Communities?
Whatsapp has announced it is rolling out a new feature called ‘Communities’ over the coming two months enabling users to bring together separate groups under one umbrella.
According to Whatsapp, the feature will let people receive updates sent to the entire Community and easily organize smaller
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CRYPTO EXCHANGE | Nigerian Crypto Exchange, Patricia, Insists Customers Will Be Paid Despite Escrow Trustee, DLM Trust, Ending Agreement
DLM Trust denied claims of a partnership with Patricia Technologies, citing breaches of agreement. While DLM ended its role as Escrow Trustee, Patricia insists repayment plans will proceed despite the disruption and customer frustrations from previous withdrawal issues.
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EXPLAINER GUIDE | A Look at EigenLayer – Restaking Ethereum to Earn More Rewards
EigenLayer, introduced on the mainnet in June 2023, comprises a set of smart contracts operating on the Ethereum blockchain. These contracts enable Ethereum (ETH) stakers to validate additional projects using their staked $ETH, known as ‘restaking.’
Currently, over 28 million ETH are staked to
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Sokowatch, Which Offers DeFi Treasury in Rwanda, Secures $125 Million and Rebrands to Wasoko
![](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%20370%20247'%3E%3C/svg%3E)Wasoko, formerly Sokowatch, has raised $125 billion in a series-B funding round that reportedly values the last-mile distribution and logistics African company at $625 million.
The round wa
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REGULATION | Popular Cryptocurrency Mixer, Tornado Cash, Removed from U.S. Sanctions List Following Court Ruling
The U.S. Treasury Department has lifted sanctions on Tornado Cash following a court ruling deeming its smart contracts not property of foreign entities. This decision marks a significant shift in the regulatory landscape for the crypto industry.
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PARTNERSHIP | VALR Named Official Crypto Exchange Partner of Leading South African Rugby Team, DHL Stormers, in Multi-Year Deal
Press Release
VALR, Africa’s largest crypto exchange by trade volume, has announced an exclusive multi-year partnership with the DHL Stormers, becoming the ‘Official Crypto Exchange Partner’ of the Western Cape’s premier rugby team. Effective September 1 2025, this three-year agreement aligns with
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[VIDEO] South Africa’s WildCards Project Becomes the First Scalable Harberger Tax Contract Live Deployment on Ethereum
WildCards is the first successful live deployment of something called a ‘scalable Harberger Tax Contract’ on the Ethereum mainnet and it just so happens its an African project.
Wildcards lets you support conservation, become a patron of endangered and save at-risk animals and even earn a profit
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2025 RECAP | Nigerian Fintech, PiggyVest, Reports Highest-Ever Annual Payouts and Surpasses 6 Million Users in 2025
Nigerian digital savings and investment platform, PiggyVest, closed 2025 with its strongest performance yet – paying out a record ₦1.3 trillion to users and surpassing 6 million registered accounts as it approaches its tenth anniversary.

2025 – A Record Year
In 2025, PiggyVest reported its
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LIST | Kenya’s Leading Insurance Provider, Britam, Unveils 6 Fintech Startups for its Inaugural Incubation Programme
Britam, a leading Kenyan insurer and financial services provider, has signed up 6 fintech startups to its 3-month pre- incubation program dubbed BetaLab.

“We are excited to collaborate with these talented entrepreneurs and support their growth journeys. Their innovative solutions have the
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