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REGULATION | Flutterwave Secures Payment Systems Operator License from Bank of Uganda
Flutterwave has obtained a Payment Systems Operator license from the Bank of Uganda, enabling it to provide various payment solutions in the country. This move supports its vision for a connected Africa and follows the acquisition of similar licenses in Ghana and Mozambique, enhancing its capabilities across the continent and in the U.S.
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HBAR-3,51%
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Old Mutual, a Leading Financial Management Company, to Manage Reserves for South Africa’s ZARP Stablecoin
ZARP, South Africa's only fully audited Rand stablecoin, partners with Old Mutual Wealth for cash reserve management, enhancing trust and innovation in the crypto space. It aims to provide stable financial solutions for traders and users alike.
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UNI-1,55%
CRV-3,94%
ETH-3,06%
DEFI0,38%
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A World’s First? Kenya’s USSD-Powered Government ‘Hustler Fund’ Loan Program Kicks Off
The Kenya government's Hustler Fund quickly disbursed over 413 million Ksh ($3.3 million) in loans after its launch, aiming to support small businesses and encourage savings. Accessible via mobile, it offers flexible loan options and promotes financial stability.
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LAUNCH | Mauritius Government Launches Multi-Sectoral Blockchain Verification System for Citizen Records
The Vice-President of Mauritius launched a blockchain-based eVerify service to enhance digital verification during an ICT workshop, emphasizing the need for regulations to protect citizens amid technological advancements. The service aims to improve trust and efficiency across various sectors.
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INFLATION | Zimbabwe Inflation Soars for First Time Since ZiG Launch
Zimbabwe's monthly inflation has risen sharply since the introduction of the ZiG currency in April 2024, driven by increased food prices. The ZiG depreciated against the U.S. dollar, and despite its recent stability, food shortages and upcoming droughts threaten further inflation.
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ZIG-1,09%
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