Author: Ken Mutuku

We all know the emergence of blockchain technology has transformed the landscape of finance offering new opportunities for social and economic empowerment globally.  What we fail to realize is that this is especially important in the developing world, where millions are unbanked, unemployed and underserved, yet nothing is being done. In light of this, under the aegis of the Humanity Protocol, a new venture is surfacing that seeks to change this space. Known as the Dream Play, the initiative seeks to provide income opportunities for African and Asian entrepreneurs, setting a new standard for sustainable employment.

A New Horizon for Entrepreneurs

Originally known as the Africa Startup League, the rebranded Dream Play, represents a significant evolution. As a platform for showcasing entrepreneurial skills it has morphed into a comprehensive ecosystem where young innovators will access jobs and create substantial economic impact. This transformation aligns with the broader goals of …

• According to a report by the Digital Economy Task Force, the gig economy in Kenya will grow by 33 per cent over the next five years.
• According to a GSMA mobile economy report, by 2025, sub-Saharan Africa is expected to welcome 167 million new mobile subscribers.
• The Humanity NFT program emerges as a critical player, offering a secure and non-intrusive way for individuals to participate in the Web3 space.

Africa’s gig economy, driven by the digital revolution, is reshaping the labour market, offering new avenues for employment and economic growth.

The World Bank highlights that more than 80 per cent of workers in sub-Saharbrock purdy jersey smith and soul black friday wig sale nike air max 90 futura dallas cowboys slippers mens oregon football jerseys sac à dos eastpak air jordan 1 low flyease adidas yeezy boost 350 turtle dove inflatable kayak uberlube luxury lubricant custom youth nfl jersey…

• UK-based financial services corporation Ebury has announced its initial foray into Africa’s fintech sector through the acquisition of Prime Financial Markets, a South Africa-based company.
• Prime Financial Markets offers extensive expertise in financial market advice and intermediary services.
• According to Boston Consulting Group and QED investors, Africa’s fintech market is projected to reach $65 billion by 2030.

In the past decade, Africa’s fintech industry has garnered significant attention from global corporations. Its rapid growth and extensive benefits have facilitated the thriving of multiple fintech startups in its adaptable ecosystem. Today, the region boasts several success stories, including Flutterwave and Yellow Card, which stand as proud achievements in Africa’s fintech industry.

The economic instability and low financial inclusion rate have motivated numerous investors, innovators, and entrepreneurs to explore opportunities within this burgeoning industry.

In recent developments, the UK-based financial services corporation Ebury has announced its initial foray into Africa’s fintech sector …

In the heart of Africa, a digital revolution is underway. As the continent stands on the cusp of an unprecedented digital transformation, a new currency is emerging, not in the form of coins or notes but in the unique digital footprints of its people. Digital identities, once an abstract concept, are now becoming the gold standard for Africans, especially in the professional realm.…

• Soonami will hold its second Venturethon between November 27th and December 3rd, 2023.
• The Venturethon will provide up to $125000 for teams with ideas and projects that match the investment criteria of Soonami.
• Soonami also significantly shaped the trajectory of AuditOne, a Web3 security platform.

Africa today is under its greatest revolution, the transition from centralization to decentralization. The concept of web3 is among the primary technologies ushering in the fourth industrial revolution. Since 2009, the web3 industry has accomplished several feats. Among its numerous achievement three stand out: digital ownership from NFTs, digital currency derived from cryptocurrency, and decentralized applications. 

Entrepreneurs, innovators, and developers have managed to apply blockchain technology to several sectors like Agriculture, insurance, and real estate, ushering in a wave of decentralized applications in 2023. This new wave caught the eye of Soonami, a blockchain-based VC firm dedicated to bolstering the global adoption of web3. 

In …

As the world steadily transitions into the fourth industrial revolution, Africa has significantly highlighted its potential to dominate emerging markets. Amid these revolutions, Africa’s fintech, Mobile, Web3, and E-commerce industry has rapidly increased, welcoming more investors daily. Africa’s fintech industry is by far its most promising market, with investors producing promising startups like Yellow Card, Luno, and Flutterwave…

With the world steadily evolving to a more digital and eco-friendly era, many organizations have sought better ways to grow and consolidate their market. South Africa has recently caught the eye of many investors due to ongoing innovation and competitive government policies. However, Electricity rations have left the economy reeling, hurting many companies’ operations.

In the latest developments, South African battery manufacturer AutoX Proprietary Limited received ample support from Ecobat, which sold all its subsidiary businesses. This move represents an opportunity to scale for AutoX and highlights the country’s prevailing business environment.…

Africa’s digital transformation has caught the eye of many investors, aspiring to profit from its rapid growth. Over the years, Africa’s fintech, e-commerce, and mobile industry have significantly grown, showcasing the continent’s untapped potential. Unfortunately, despite the valid efforts of several governments, Africa’s progress is currently experiencing difficulties.…

• The AfDB and the African Guarantee Fund have unveiled a fresh plan to enhance the financial inclusion of women in Nigeria’s economy.
• The duo have opened the AFAWA Finance Series Nigeria, part of the AfDB’s Affirmative Finance Action for Women in Africa (AFAWA) initiative.
• AFAWA Finance Series Nigeria will explore ways of enhancing the regulatory frameworks that can boost access to finance for women entrepreneurs.

Africa has the highest number of female entrepreneurs across the globe. However, the biggest obstacle they encounter is limited access to finance. Although access to financing poses a challenge to all small and medium enterprises, women-owned businesses are notably at a disadvantage.

It is estimated that the financial gap facing women entrepreneurs may reach up to $50 billion. This can be attributed to several factors, including deep-rooted social and cultural norms. These norms have historically restricted women’s ownership rights of assets that could serve as …

• Amazon is expanding its global reach and now eyes launching an e-commerce platform in South Africa by 2024.
• Africa’s e-commerce industry showcased an annual growth rate of 13.11% between 2023-2027, resulting in a projected market volume of $59.18 billion by 2027.
• Naspers-owned Takealot currently dominates the SA’s online retail market, with a gross merchandise value of $1.4 billion.

Africa’s e-commerce industry is among the fastest and most lucrative economic activity in the last decade. This billion-dollar franchise has showcased the continent’s potential amid this digital era, stringing in plenty of investors.

Vital figureheads in the tech world like Microsoft, Uber, Apple, and others have taken time to invest in and support Africa’s growing digital ecosystem. This wave soon reached Amazon, the world’s top e-commerce platform, as it set its sights on penetrating South Africa’s digital market. This new milestone will open more opportunities for Amazon and expand Africa’s e-commerce industry.…