Yellow Card, a leading global stablecoin infrastructure provider, today announced the successful closing of a $40 million strategic funding round, with investment from SC Ventures by Standard Chartered, Sony Innovation Fund, Polychain Capital, Blockchain Capital, and additional strategic investors. The funding will scale Global USD Accounts, Yellow Card’s end-to-end dollar account for businesses, and expand…
Tether remains the dominant stablecoin in South Africa. (Image created by GenAI) Authorised financial services provider BlockTower’s rand-backed stablecoin ZARU has been listed on Luno Global, in what it says is the first institutional-grade rand stablecoin on a regulated crypto exchange. The listing gives the rand an on-chain secondary market on Luno’s exchange. ZARU, which…
Why good African businesses and projects can struggle to cross the funding redline Africa has never suffered from a shortage of ideas. It suffers from a shortage of capital willing to believe in those ideas. Across the continent, entrepreneurs are building businesses, engineers are designing infrastructure, farmers are developing agricultural value chains, innovators are creating…
Nairobi — ETHSafari is marking its fifth anniversary this year, celebrating its growth into one of Africa’s leading blockchain gatherings connecting the continent’s developers, entrepreneurs and communities with the global Web3 ecosystem. Founded after African blockchain leaders repeatedly encountered questions about the continent’s innovation ecosystem at international conferences, ETHSafari was created to showcase Africa’s blockchain…
CEM Africa, Africa’s leading customer experience conference, has announced three internationally respected speakers who will take to the stage at CEM Africa 2026, taking place from 18 – 20 August 2026 in Cape Town. Bringing together senior leaders from customer experience, marketing, digital transformation, retail, customer service and business strategy, CEM Africa continues to attract…
South Africa’s entrepreneurship ecosystem falls behind, according to the 2026 Global Entrepreneurship Monitor (GEM) National Expert Special Report. South Africa has no shortage of entrepreneurs, but their ability to turn promising ideas into sustainable, job-creating businesses is let down by a weak support ecosystem that ranks 7th lowest globally. The 2026 Global Entrepreneurship Monitor (GEM) National Expert…
All United Nations member states adopted the 17 Sustainable Development Goals (SDGs) in 2015. They cover poverty, health, education, inequality, climate change, peace and other global issues. The goals are now approaching their 2030 deadline. The goals matter because they shape national plans, international cooperation and decisions about development funding. The question of what should…
The Promise is a public statement of solidarity, bringing together prominent figures from across society to reaffirm support for refugees and the right to seek safety. Launched on 28 July, as the Refugee Convention marks its 75th anniversary, it aims to build a diverse coalition for refugee protection through to the Global Refugee Forum in…
S&P Global has agreed to acquire a majority stake in pan-African credit ratings agency Agusto & Co., expanding its presence in Africa’s domestic credit markets through a partnership that combines global analytical expertise with regional market knowledge. The transaction, announced on Tuesday, remains subject to regulatory approvals and is expected to close in the second…
Uptime Institute today released the findings of its 16th Annual Global Data Center Survey, the most comprehensive study of the digital infrastructure sector. The 2026 results reveal an industry navigating workforce constraints, escalating outage expenses, even as rising costs remain the top concern for management teams. Financial Pressure and Resource Constraints Intensify: While high costs…
