Africa-focused technology and data services firm Cassava Technologies has created a separate business unit to oversee its artificial intelligence (AI) operations. The AI unit will offer data center, cloud, cybersecurity, fiber connectivity, and renewable energy services. Helping Clients Adopt Generative AI Pan-African technology firm Cassava Technologies is creating a separate business unit to focus on […] Source CryptoX Portal
African crypto exchange Yellow Card has received significant regulatory approval to continue expanding its operations across the continent. Yellow Card has obtained a virtual asset service provider license (VASP) from the Non-Bank Financial Institution Regulatory Authority of Botswana (NBFIRA), according to the announcement on Oct. 19. The new license officially authorizes Yellow Card to allow its customers buy and sell Bitcoin (BTC), Ether (ETH) and Tether (USDT) stablecoin with the local fiat currency, Botswana pula. According to Chris Maurice, CEO and co-founder of Yellow Card, the new license opens up greater opportunities…
A startup, Mara, has raised $23 million in equity and token sales to build a pan-African cryptocurrency exchange, TechCrunch reports. According to the outlet, the seed funding came from Coinbase Ventures, Alameda Research and Distributed Global. Venture capital firms, TQ Ventures, DIGITAL, Nexo, Infinite Capital, DAO Joines and about 100 crypto investors also participated in the round. The company, which has bases in Lagos, Nigeria and Kenya, said it wants to create a portal to the crypto economy for Africans. Keep Reading Mara’s product suite includes a wallet for users…
The African startup, Mara, recently said it has raised about $23 million in funding from organizations ranging from Coinbase Ventures to individual angel investors like Amit Bhatia and Hamad Alhoimaizi. Mara has also partnered with the Central African Republic (CAR) and will act as an adviser to the country’s president. Enhancing Africa’s Competitiveness An Africa-focused crypto startup, Mara, has raised $23 million in funding for building a so-called pan-African cryptocurrency exchange, a report has said. Participating in the startup’s capital raise were Coinbase Ventures, Alameda Research, Distributed Global, TQ Ventures,…