Author: Opeloyeru Batly
Tope Batly is a market research specialist and the founder of DataQolo, a platform dedicated to market intelligence and talent development. With a deep focus on the future of work and economic trends across the continent, she provides data-driven insights into how blockchain and digital assets are reshaping African markets. At Coinafrica, Tope leverages her expertise to demystify complex market shifts, helping readers navigate the evolving landscape of African fintech and decentralized finance.
Chiliz Group is expanding its presence in sports blockchain infrastructure after bringing the national football teams of South Africa and Scotland onchain through new digital fan engagement initiatives. The move shows how blockchain is becoming part of global sports. Teams now use digital tools to improve fan engagement, loyalty programs, and online interaction. Chiliz Continues Expanding Sports Blockchain Infrastructure Chiliz Group has become one of the most recognized blockchain firms operating in the sports and entertainment sector. The company is widely known for powering blockchain-based fan engagement products that allow supporters to interact more directly with teams through digital platforms.…
Tether has partnered with LemFi to strengthen USDT-powered cross-border payments across Africa and Asia, signaling continued growth in stablecoin-based financial services. The partnership reflects rising demand for faster and more affordable international transactions, especially in emerging markets where traditional remittance systems remain expensive or inefficient. By combining LemFi’s remittance infrastructure with Tether’s stablecoin ecosystem, the companies aim to improve how users move money across borders using digital dollar-based settlement systems. The Partnership Focuses on Cross-Border Payment Efficiency The collaboration between Tether and LemFi centers on improving international money transfers through the use of USDT, Tether’s dollar-pegged stablecoin. Stablecoins have become…
African stablecoin infrastructure startup Checker has secured $8 million in fresh funding as investor interest in blockchain-based payment infrastructure continues to grow across emerging markets. The funding round attracted backing from AI Mada Ventures, Nigerian tech investor Iyinoluwa Aboyeji, and several other investors focused on digital finance and cross-border payment innovation. The investment highlights growing confidence in stablecoin-powered financial infrastructure, especially in regions where businesses and consumers continue to seek faster and more efficient payment systems. Checker Focuses on Stablecoin Infrastructure Checker is building infrastructure designed to support stablecoin transactions and digital payment settlements across global markets. Stablecoins are cryptocurrencies…
South African financial authorities have responded to growing public interest in cryptocurrency ownership, offering further clarity on how digital assets fit into the country’s financial and regulatory framework. The comments from the South African Reserve Bank and the National Treasury South Africa come as crypto adoption continues to expand across the country, particularly among younger investors, fintech users, and businesses exploring blockchain-based payments. While authorities acknowledged the increasing role of digital assets in the economy, they also emphasized the importance of regulatory oversight, consumer protection, and compliance with financial laws. South Africa Continues to Monitor Crypto Ownership South Africa has…
South Africa has delayed the enforcement deadline for its updated capital flow management regulations, a move that comes as policymakers continue to review how digital assets and cross-border crypto activity fit into the country’s financial oversight framework. The extension reflects ongoing efforts to balance financial stability with innovation, especially as crypto adoption and cross-border digital transactions continue to grow across the region. South African Reserve Bank is leading the regulatory review process as authorities assess potential risks linked to capital movement, compliance enforcement, and emerging crypto-linked payment channels. Why the Capital Flow Regulation Delay Matters The delay gives regulators additional…
Cantor8 is expanding its footprint in Africa’s growing digital payments sector through a partnership with Yiksi Limited, a move that highlights rising interest in combining crypto infrastructure with mobile money services across the continent. The collaboration aims to strengthen access to digital financial tools by connecting cryptocurrency services with Africa’s widely used mobile money networks. As mobile payments continue to dominate financial transactions in several African markets, the partnership could accelerate the use of blockchain-based payment systems among consumers and businesses. The move also reflects how global crypto firms are increasingly targeting Africa’s fast-growing fintech ecosystem. What the Cantor8 and…
Platov.co has introduced Nigerian naira (NGN) support on its platform, allowing users to convert cryptocurrency directly into local currency as competition intensifies in Africa’s growing digital asset market. The move positions Nigeria as a key focus for the company’s expansion strategy, reflecting the country’s rising demand for faster crypto-to-fiat payment solutions. By enabling direct NGN settlements, Platov.co aims to simplify how users move between digital assets and traditional money without relying heavily on third-party intermediaries. The development also highlights the increasing importance of Africa in the global crypto economy, particularly in regions where digital assets play a growing role in…
AmiViz is expanding enterprise cybersecurity and cryptographic governance solutions across the Middle East and Africa through a collaboration with Evertrust, as organizations in the region increase investment in digital trust infrastructure. The partnership focuses on sovereign Public Key Infrastructure (PKI) and crypto governance systems designed to help enterprises manage encryption, digital identities, certificates, and secure communications within their own jurisdictions. As governments and enterprises across Africa and the Middle East push for stronger digital sovereignty, the collaboration reflects a broader shift toward locally controlled cybersecurity and cryptographic infrastructure. What the AmiViz and Evertrust Partnership Offers The collaboration combines AmiViz’s regional…
Paga is making a move into cryptocurrency through a new collaboration with Sui Network, signalling a deeper intersection between traditional fintech services and blockchain-based payments in Africa. The partnership positions Paga to explore crypto-powered payment infrastructure while expanding its digital financial ecosystem. As crypto adoption continues to rise across emerging markets, the collaboration reflects how African fintech firms are increasingly looking beyond traditional payment rails. For Paga, the move could open new opportunities in cross-border transactions, digital commerce, and blockchain-enabled financial services. What the Paga and Sui Collaboration Means The partnership will allow Paga to integrate blockchain capabilities powered by…
Ghana is rapidly positioning itself as one of Africa’s most proactive countries in virtual asset regulation and implementation, moving ahead of regional leaders like South Africa and Kenya in terms of coordinated policy execution. While both South Africa and Kenya have spent years shaping their crypto and digital asset frameworks, Ghana has accelerated its approach through legislation, regulatory sandbox initiatives, and direct collaboration between financial regulators. The country’s latest moves suggest a shift from merely discussing regulation to actively building infrastructure for a regulated digital asset ecosystem. Ghana’s Regulatory Momentum Is Accelerating A major turning point came after Ghana passed…