While Africa’s innovation ecosystem is growing rapidly, it still faces major challenges, writes Mind the Bridge's Alberto Onetti, who argues that the continent's weak electrical grid infrastructure and limited domestic venture capital will need large-scale public and private investment to unlock its economic and technological potential.
The post Why The Case For Sourcing From Africa Has Never Been Stronger, And Still Gets Ignored appeared on BitcoinEthereumNews.com.
Africa is growing incredibly fast, but most Western buyers overlook the continent (Photo by SEYLLOU / AFP) (Photo by SEYLLOU/AFP via Getty Images) AFP via Getty Images The exhibit hall at Cape Town’s Good Life Show smelled like rooibos, baobab, and something harder to name. Ambition, maybe. Africa’s largest natural food tradeshow drew hundreds of exhibitors this May: kombucha makers working with indigenous South African botanicals, macadamia milk brands operating carbon-negative factories, moringa farmers who started by feeding orphaned children porridge and built export-ready wellness companies. I spent two days interviewing founders. Not one of them had a lion in their backyard. That joke, and the fact that it still needs to be made, gets at the core of why American companies and retailers keep missing Africa. The continent that carries the richest biodi
The Cayman Islands Monetary Authority (CIMA) has granted VALR, Africa’s leading provider of digital asset infrastructure, provisional approval to function as a Virtual Asset Service Provider (VASP). This achievement gives VALR provisional authority to provide a wide range of services, such as: A key component of VALR’s worldwide expansion plan, this approval puts the company
First, an ebola treatment centre in a town at the heart of the outbreak in DR Congo is torched by scared and frustrated locals in the midst of a health crisis that claimed at least 159 lives so far and continues to spread. Also, we talked with our guest about how computer science researchers and data workers from Africa are suffering some of the worst mental health effects of the industry. And, a small bakery is helping the job market rise. Khayelitsha Cookies, a women-led business on the outskirts of Cape Town, has secured a deal to supply British Airways.
The European Union has stepped up efforts to grow its homegrown tech sector and reduce dependence on US firms, advancing plans this week for a €5 billion ($5.8 billion) fund to help startups scale in Europe rather than seek capital or buyers abroad.
Analysts welcomed the initiative, but said its success will depend on whether it can spur wider private investment in European tech companies.
The European Commission this week selected Swedish investment firm EQT — one of Europe’s largest private market investors, with $311 billion in assets — to manage the fund; first investments are expected this autumn. The fund is backed by the Commission and private investors, including Allianz, CriteriaCaixa, and Novo Holdings.
The effort is part of a broader push to strengthen the EU’s tech sector following the 2024 Draghi report on competitiveness. Other initiatives include EU Inc proposals aimed at reducing red tape for startups and a Tech Sovereignty Package due May 27 that’s expected to include
Tether’s investment into LemFi uses USD₮ to replace slow SWIFT transfers with nearly instant stablecoin transfers. LemFi caters to millions of diaspora customers in Africa and Asia who require affordable cross-border payments. The collaboration expands the reach of stablecoin infrastructure to remittance services and beyond, thus increasing financial inclusion. Tether’s investment in LemFi marks a […]
The post Why Tether’s LemFi Deal Could Transform International Remittances appeared first on Live Bitcoin News.
Tether’s undisclosed LemFi investment wires USDT into African and Asian remittance corridors, swapping slow SWIFT transfers for near‑instant, low‑fee stablecoin settlement. Tether has announced a strategic investment in LemFi, a UK‑headquartered cross‑border financial platform used by African and Asian diaspora…
[PRESS RELEASE – Johannesburg, South Africa, May 18th, 2026] VALR, Africa’s leading digital asset infrastructure provider, served as diamond sponsor of the Kenya Blockchain & Crypto Conference held in Nairobi on 14 and 15 May 2026. Peter Mwangi, VALR’s newly appointed Country Manager for Kenya, delivered a keynote address in which he outlined his vision […]
Nations like Kenya are looking to scale up their ability to meet Africa's artificial intelligence needs. Recently, the likes of Zambia, Zimbabwe and most recently Ghana turned down deals to store citizens' data in the United States. For France, a summit like the Africa Forward one in the Kenyan capital Nairobi is an opportunity to offer a third way between US and Chinese tech. We bring you a special edition of The Debate from the summit in Nairobi.
