While many wonder what would happen to the price of Bitcoin, very few investors think about where the next boom of the crypto would come from. It is not only the price that would determine the next step for Bitcoin, but also the developments that would come in due course. According to Jack Dorsey, the…
Read more
South African broker QuickTrade just announced that they have launched Meta Trader 5 and have started offering JSE stock trading to their clients. As of today, desktop and web platform versions, as well as mobile apps for Android and iOS, are available to all the company's customers. The offering incorporates 190 trading symbols, including Forex…
Read more
The oldest continent in the world has a huge problem: the sending and receiving of money. Africa "boasts" the highest remittance fees and cross-country transaction payments is not easy at all. The problem with payment facilitation in the country comes from the fact that anyone wishing to make a payment from outside Africa needs to…
Read more
The power of blockchain has undeniably left its mark on almost all parts of the world. Recently, Africa has emerged as a top, or at least, promising blockchain/cryptocurrency destination. Because the market is so new, there are numerous solutions and inventions to be made using blockchain. The most remarkable thing about blockchain, however, is the…
Read more
The London-based ONEm Communications has launched the so called mCoin, a "pseudo-mining" program on the oldest continent. The mCoin is distributed to people through the method of "pseudo-mining", meaning that users can receive the coin if they do something good for the society. For now, the company gives people the coin by making them text…
Read moreAkon is one of the very well known songwriters and singers in the United States. He is of a Senegalese ascent and to be worth around $80 million. Akon is now entering the cryptocurrency hype by intending to launch his very own digital coin - the Akoin. The story behind the coin and his idea…
Read moreAfrica is the poorest populated continent in the world as of 2018, and foreign direct investments have been of primary importance to the African population for many decades now. Because of the high level of corruption, especially in Northern Africa, the idea of a domestic cryptocurrency has long been in discussion. Now, according to media,…
Read moreThis week The Daily News, Tanzania's leading English newspaper reported that British multinational bank powerhouse Barclays has brought its institutional trading platform BARX Africa to Tanzania's forex market. BARX, the multi-asset class e-trading solution from Barclays provides access to FX liquidity through its own proprietary platform, via several ECNs, via FIX and DMA. BARX Africa sales is…
Read moreAccount takeover and application fraud experienced the most activity in the past 12 months.
Read moreThe Kenyan government has closed down several foreign currency transfer businesses, providing another obstacle to transferring funds to and from firms abroad
Read more