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MILESTONE | Onchain Gold Trading Surges to Record High as Market Eyes Tokenized Stocks
Gold-backed tokens, particularly Tether Gold and Paxos Gold, have recorded $236 million in onchain trading, reflecting a 247% increase in investor interest driven by macroeconomic uncertainty and rising gold prices. Tokenized equities are expected to follow this trend, signaling a shift towards stable asset-backed investments in the crypto space.
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PAXG-2,48%
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LIST | From Nairobi to Silicon Valley – Meet the 10 Kenyan Startups Competing for $1 Million at Startup World Cup 2025
Kenya’s startup ecosystem has reached a significant milestone with the successful hosting of its inaugural Startup World Cup regional competition. This event, held at the Kenya Startup Festival and organized by the Kenya National Innovation Agency (KeNIA), attracted over 160 applications from
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A Look at IMF’s Planned Global Payment System for CBDCs and Tokenized Assets
The IMF has launched a new global payment system called the XC platform, which uses a unified ledger for transactions with CBDCs. It promises lower fees, faster processing, and better information management, facilitating central banks' intervention in foreign exchange markets.
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LIST | Ivorian Fintech, Daba Finance, Wins the 2024 Ecobank Fintech Challenge
Ivorian fintech, Daba Finance, was crowned grand winner of the 2024 Ecobank Fintech Challenge Winner, taking home $50,000, Ecobank said.

“Winning this challenge propels our mission to make investing and wealth building opportunities available for all. With Ecobank as our partner, we are
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FUNDING | Ugandan Agri-Fintech, Emata, Raises $2.4 Million, Eyes Expansion into Tanzania
Emata, a Ugandan agri-finance startup, has secured $2.4 million in seed funding to enhance digital loans for farmers in East Africa. The investment aims to expand their market presence, particularly in Tanzania, while improving loan accessibility for smallholders in Uganda.
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CV Labs to Introduce African Startups to the Polygon Ecosystem in New Partnership
CV Labs partners with Polygon to connect African startups to its ecosystem, aiming to enhance blockchain development on the continent. They intend to support businesses, engage with governments, and promote entrepreneurship while leveraging blockchain for transparency and efficiency.
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REGULATION | Flutterwave Receives Enhanced PSP License from Bank of Ghana
Flutterwave has obtained an Enhanced Payment Service Provider license from the Bank of Ghana, enabling it to offer diverse payment services in the country. This expansion taps into Ghana's growing digital payments market, enhancing payment processes for businesses and promoting economic growth.
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FUNDING | Egyptian e-Commerce Startup, Taager, Raises $6.75 Million After Crossing 45,000 Merchants and Millions of Consumers
Egyptian social commerce startup Taager has raised $6.75 million in a pre-Series B funding round, led by Norrsken22, to enhance its operations and expand in the MENA region, empowering over 45,000 merchants with integrated e-commerce solutions.
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INTRODUCING | Ethiopia Launches EthioPay, a National Instant Payment System
Ethiopia launched its National Digital Payment Strategy and the EthioPay system to enhance digital finance and facilitate trade under the AfCFTA. This initiative aims to boost financial inclusion and reduce barriers for underserved groups.
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INTRODUCING | Africa’s First Regulated Stablecoin, the Nigerian Naira-Pegged Stablecoin, $cNGN, Goes Live on Local Nigerian Exchanges
The compliant Nigerian Naira stablecoin, cNGN, is now live on licensed exchanges. Launched in February 2025, it is Africa’s first regulated stablecoin, ensuring trade efficiency and interoperability while adhering to Nigerian SEC regulations.
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