
Africa
Africa sidelined in AI boom with 0.02% share of Q2 AI funding
Global AI startups raised over $47 billion in Q2, led by Scale AI’s blockbuster raise, but African startups only raised...
Ethiopia boots out BTC miners despite $200m revenue
Ethiopia made $200m from miners in the past year, but their power demand has become unsustainable; miners set to consume...
Congo partners with Singaporean firm for digital ID
The Democratic Republic of Congo had initially partnered with a French firm for a $1.2B digital ID project, but the...
Ethiopia digitalizes gov’t services; Nigeria goes paperless
Ethiopia’s digital revolution is supported by new data centers, better Internet access, and a spike in mobile users as Ethio...
Nigeria embraces stablecoins; HK caps stablecoin licenses
Nigeria’s SEC says it’s open to compliant stablecoins to underpin Africa’s financial revolution, as HK says most license applicants will...
$4 million Kenyan bank theft linked to USDT laundering: report
The Kenyan bank’s security system was breached by cybercriminals who created new digital wallets into which they channeled customer funds,...
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