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By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra Ghana- DFS Lab announced the launch of the DFS Lab Stellar Africa Fund I to back high-potential builders and teams in Africa who aim to transform the digital payments landscape and beyond by building on the Stellar network. The Fund is made possible through an investment from the Stellar Development Foundation. The Fund brings together DFS Lab’s years of supporting Africa’s best digital commerce founders with the open-source Stellar network, optimized for payments and asset issuance. Portfolio founders selected for investment by the Fund will have access to DFS Lab’s team and community as well as mentors from the Stellar Development Foundation and Stellar ecosystem companies. The new Fund builds on previous blockchain bootcamp...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- In a bid to improve the Namibia’s interest in global trade and enhance its all-around competitiveness, the seminar is set to strengthen awareness of the significance of quality infrastructure in effectively improving quality products and services within home and global markets, let out Sikongo Haihambo – Executive Director of the Ministry of Industrialization and Trade. “The objective of this forum is to provide in-depth knowledge about how the different elements of the quality infrastructure system are beneficial and crucial in achieving short and long-term economic development, social well-being, and the emancipation of global trade,” Haihambo said. “Building a QI enhances the quality and value of...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The Pan-African cryptocurrency has published the liftoff of its new Payments API. This new product will facilitate businesses to on-and-off-ramp customers through Yellow Card’s crypto rails. Yellow Card will permits businesses admission to its exhibition and allotment rails in 16 African nations as well as the capacity to deliver their customers local payment methods through mobile money and local bank transfer. The Payments API fosters companies to collect and disburse local dictum currency through mobile money and bank transfer while Yellow Card deals with the treasury management and transformation of local fiat to/from Stable coins such as USDT and USDC. The self-regulating changeover to Stable coins...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- African communities are enriched with important minerals utilized in the manufacture of batteries for EVs. The DR. Congo catalogs for roughly 70% of global cobalt supply and 88% of cobalt exports. The two nations altogether allot 11% of all copper supply globally. Mining is moreover a significant area for both nations, providing 70% of Zambia’s foreign exchange. Cobalt reports for 26% of the DRC’s exports. “DRC and Zambia are well positioned to establish leadership in the strategically pivotal electric vehicle (EV) sector, being well-endowed with the resources necessary to produce battery minerals,” said the Bank. Afreximbank and ECA will take advantage of a facilitating function as financial and technical...