Africa News

Pan-African insurance company Old Mutual has opted out of insuring cryptocurrency mining equipment due to the absence of regulation in the industry.

A subsidiary of Overstock.com has reached an agreement to help Liberia digitize government services.

The Binance Charity Foundation has signed a Memorandum of Understanding with the NGO Safe Future, launching a project focused on education improvements.

The National Bank of Rwanda has issued a PSA on alleged cryptocurrency pyramid schemes and ICO scams happening in the country.

The Reserve Bank of Malawi said that crypto is not legal and the state does not plan to recognize crypto investments in the country.

ADAF is a project that aims to establish compliance-focused, cross-border blockchain standards for the African continent.

Binance Charity Foundation has launched blockchain-enabled donation program pilot in schools in Uganda.

A major new collaborative IBM project using blockchain and IoT tech to tackle drought is underway in the U.S. state of California.

A company says it has seen growth in Africa, as consumers seek alternatives to unstable currencies.

South African central bank has issued a jointly developed consultation paper, revealing that it does not intend to ban crypto.

The two companies and several others are using blockchain to improve the traceability of cobalt and ensure ethical sourcing.

The UN Office on Drugs and Crime has partnered with blockchain-based telemedicine and telepsychology firm doc.com.

German state-owned bank KfW will trial its blockchain-driven app in Burkina Faso, where it also funds water supply and sanitation programs.

IBM Research has teamed up with U.S.-based agritech firm Hello Tractor to boost the African agriculture industry with blockchain.

The Union Bank of Nigeria has “advised that cryptocurrency is not a legal tender” in the country in a reported warning against crypto transactions.