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TypeScript Framework, Better Auth, Becomes 3rd Ethiopian Startup Accepted into Y Combinator
Ethiopian startup Better Auth has joined Y Combinator’s Spring 2025 Cohort, securing $500,000 in seed funding. This popular open-source authentication framework for TypeScript enhances project security. Co-founders face visa issues, raising concerns about barriers for African entrepreneurs.
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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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SAVVY MINING Receives Strategic Financing as Cloud Mining Grows in Influence
SAVVY MINING has raised $500 million to enhance its decentralized governance solutions. Founded in 2017 and regulated in the UK, it provides cloud mining services and public offering technologies, making cryptocurrency mining accessible without heavy investments.
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A Look at the 15 Startups Selected for the Inaugural ‘Google for Startups Accelerator: Women Founders Africa Programme’
15 African startups have been selected to to join the inaugural Google for Startups Accelerator: Women Founders Africa Programme.
This is an extension of the Google for Startups Accelerator Africa programme established in 2017 but with a focus on women to empower and support women founders by
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Coinbase Working on Ethereum Layer 2 Base Blockchain Protocol for On-Chain dApp Development
Coinbase is launching 'Base,' an Ethereum Layer 2 blockchain platform aimed at enhancing developer access to decentralized applications (dApps). Currently in testnet, it seeks to make building dApps easier, while integrating with various blockchains and fostering an open ecosystem.
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REGULATION | Bank of Ghana to Intensify Crackdown on Illegal Lending Apps
The Bank of Ghana is intensifying efforts against illegal lending apps that exploit consumers and compromise financial stability. These apps collect personal data and threaten borrowers, contributing to severe harassment cases, including suicides.
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Meta Says it is Pausing its Venture into the NFTs Space
Meta is halting its NFT initiatives to concentrate on more impactful areas, focusing on enhancing creator and business connections. Despite initial plans for an NFT marketplace, the company will now prioritize messaging and monetization opportunities.
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INTRODUCING | How Solana’s RWA Platform, AgriDex, is Bringing Africa’s Agricultural Market On-Chain
In July 2024, AgriDex, a marketplace for real-world assets (RWAs) made history when it settled its first agricultural trade on the Solana blockchain.
The platform, which aims to bring the global agricultural market on-chain by tokenizing various crops, enabled the shipment of over two hundred
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