WorldCoin is an open-source system aimed at granting global economic access through decentralized tools like World ID and the Orb. Backed by organizations such as the WorldCoin Foundation and Tools for Humanity, it emphasizes user participation and humanness verification in a digital economy.
Momint, a South African startup, launched a blockchain wallet allowing users to buy 1Vouchers with Ethereum or USDC for transactions at over 10,000 local merchants. The app facilitates international fund transfers at low costs and partners with major retailers like Checkers and Woolworths.
Old Mutual Wealth and Inves Capital are collaborating to enhance liquidity for the ZARP Stablecoin, a South African Rand-linked cryptocurrency. This initiative aims to support decentralized finance and expand the use of stablecoins in emerging markets.
ENS has partnered with GoDaddy to connect traditional domain names with the blockchain. This integration allows over 20 million GoDaddy users to access ENS benefits, including cryptocurrency payment capabilities.
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.
Itana aims to redefine Nigeria’s free trade zones for the digital economy by offering streamlined processes, tax incentives, and flexibility for startups, distinguishing itself from traditional zones focused on oil and heavy industry.
Bumpa, a Nigerian SME accelerator, has secured $4 million in seed funding led by Base10 Partners. Aiming to empower small businesses with digital tools, Bumpa has already impacted over 50,000 clients and facilitated $20 million in GMV.