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INTRODUCING | World’s First AI Software Engineer, Devin, Has Completed Real Jobs on Upwork
Cognition has introduced Devin, the world's first AI software engineer, capable of completing engineering tasks and navigating job interviews. While praised for its advanced capabilities, concerns about complexity and job displacement persist. Devin may enhance collaboration between AI and human engineers.
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INTRODUCING | Runes Protocol, ‘Built for Degens and MemeCoins,’ Goes Live on Bitcoin Blockchain Following the Halving
The Runes protocol by Casey Rodarmor allows for the creation of altcoins on the Bitcoin blockchain, enhancing token generation efficiency. Following Bitcoin's halving, it aims to attract users and increase block space demand, potentially boosting transaction fees.
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FUNDING | Morocco’s Reg-Tech, VOVE ID, Secures Funding from Baobab Network
VOVE ID, a Moroccan reg-tech startup, has received investment from The Baobab Network to expand in Africa and the Middle East. Founded in 2024, it offers an AI-driven KYC solution to streamline digital identity verification. This funding will boost its platform and team growth.
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WEST AFRICA | West African ECOWAS States Move Closer Toward Launching a Single Currency Dubbed ECO
ECOWAS finance ministers and central bank governors have revived plans for the ECO, a single currency aimed at enhancing economic integration and stability in the region. The initiative seeks to reshape the economic landscape despite past challenges and regional instability.
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金融科技非洲 | PayPal 重返尼日利亞 – 今次透過 Paga,並且加密貨幣是默默推動的催化劑
經過近二十年的有限服務,全球支付巨頭PayPal已重新進入尼日利亞的數字經濟,這次不是以炫目的獨立推出,而是通過與本地金融科技公司Paga的戰略合作,最終為尼日利亞人打開了入境國際支付的大門。
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PRESS RELEASE | Ripple Brings Institutional Digital Asset Custody to South Africa in Partnership with One of Africa’s Leading Financial Institutions
Ripple, the leading provider of digital asset infrastructure for financial institutions, today announced a strategic partnership with Absa Bank to provide digital asset custody to the bank’s customers in South Africa. Through the partnership, Absa will leverage Ripple’s institutional-grade digital a
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LIST | 2 Out of 16 African Startups Selected for 2023 Techcrunch Startup Battlefield 200 are Leveraging Blockchain
A total of 16 African startups are part of 200 startups that will be showcasing their products at the TechCrunch 2023 Startup Battlefield, described as an invitation-only cohort of game-changing early-stage startups.
Out of the 16, two of the startups are leveraging blockchain as the technology
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INTRODUCING | StarkWare (Starknet) Unveils $4 Million Venture Fund for Blockchain Startups in Africa
StarkWare has launched a $4 million venture fund to support blockchain startups in Africa, focusing on early-stage projects deploying on Starknet. Led by Kheireddine Kamal, the fund targets regions with high blockchain adoption potential, offering grants up to $150,000 and investments up to $500,000.
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PRESS RELEASE | South African Crypto Exchange, VALR, Launches Crypto Bundles Starting with a Portfolio of the Top 10 Crypto Assets
VALR, South Africa’s largest crypto exchange by trading volume, today announced the launch of Crypto Bundles, designed to simplify diversified investing in crypto assets.
Starting with the VALR10 bundle – a market cap-weighted portfolio of the top 10 crypto assets listed on VALR, excluding
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CALL FOR APPLICATIONS | [DEADLINE: FEBRUARY 29 2024] Ghana Startups Invited to Apply for UNICEF Startup Lab Accelerator
The UNICEF StartUp Lab is a six-month accelerator in Ghana for startups focused on the Sustainable Development Goals benefiting children and youth. It offers mentorship, funding, and expertise, targeting operational businesses that use technology for social impact.
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FUNDING | Egyptian Fintech, DoPay, Raises $13.5 Million Series A Extension Following ‘True Hockey Stick Trajectory Growth’
Egyptian fintech startup DoPay has secured $13.5 million in Series A extension funding to enhance its digital payroll platform for unbanked workers. This funding will support expansion in Egypt, promote financial inclusion, and launch new services.
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NORTH AFRICA | The MetaMask ‘Buy Sell’ Feature Expands Integration with Egypt’s Vodafone Cash
MetaMask has launched a 'sell' feature in its mobile app, allowing users to easily exchange crypto for cash, including options like Vodafone Cash in Egypt. This new addition simplifies transactions while reducing fees and enhancing speed.
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