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Web3 Afrika Dev Roundup June 26-30th more funding announcements +congrats to Xend finance +HQ extension +Team work
✨FUNDING ANNOUNCEMENTS
➦Kenyan fintech startup Kyanda, a money transfer app that aims to help users make all sorts of transactions at as low a cost as possible, has launched operations in South Africa.
Launched in February 2020 by Collins Kathuli, Kyanda allows users to make cheap and fast money transfers, purchase airtime, and pay bills, among other things.
The startup has processed over three million transactions since its formation, with the aim of building a payment ecosystem that serves both Kenya and Africa as a whole.
➦Nigerian investtech startup GetEquity has expanded to Kenya as it looks to connect more African startups with funding opportunities.
Startups can now list themselves on the GetEquity platform and market to institutional investors and public users. It enables anyone to buy equity in a listed startup for as little as US$10.
The startup launched in 2021 after raising a six-figure pre-seed funding round led by GreenHouse Capital.
➦Thepeer, an African tech infrastructure firm connecting businesses’ wallets, has secured a $2.1 million seed funding led by The Raba Partnership.
Thepeer is an API-based business that enables its clients—mostly small and medium-sized enterprises and fintechs—to permit their own consumers to fund their accounts from other businesses, transfer money across their various wallets, and pay for products conveniently using their wallets.
They will use the most recent funding to expand to other African nations like Kenya, South Africa, and Egypt.
📚BE ON THE KNOW
➦The Central Bank of Morocco is Exploring Crypto Regulation to Protect Consumers
Morocco is joining the list of countries aiming to formally control the crypto sector with a regulatory framework, according to the country's Central Bank Governor.
➦Crypto Savannah, Mercy Corps Ventures and Coinbase Partnership On Digital Identity and Cash Transfer Project
Uganda’s Crypto Savannah Launches a Refugee Blockchain Identity and Cash Transfer Project in Partnership with CoinBase deliver Blockchain-powered solutions that advance economic empowerment and financial inclusion to Refugees & host communities in Uganda.
Their solution aims to digitize the already existing refugee identities through our block chain platform which will act as an attestation layer to the databases of the Refugee identity issuers.
➦Nigeria’s Xend Finance Hits 100K Users and Enables Local Currency Conversions to StableCoins
Xend Finance a leading Decentralized Finance (DeFi) platform in Africa, has announced it has crossed 100, 000 users on its savings platform. At the same time, it has announced the opening of the platform to savings in local currencies in:
Ghanaian Cedis (GES) and Kenyan Shillings (KES) .Users will now be able to convert local currencies into stable cryptocurrency and save. They are set on their mission to increase crypto adoption by creating DeFi solutions for everyday problems. #
LISTEN UP EVERYONE !🎉we are expanding
NGENI web3 Developer studio (NGENI HQ EXTENSION )
Expansion of the studio
The world is in dire need of web3 developers .NGENI is training young world-class web3 developers under the auspices of the ‘ngeni indensity Developer training Program’ and just this week, cohort nine (9) was recruited.
The training program is a seven-and-a-half (7.5) month training program that runs from assessment to internship training, and mentorship with the likelihood of signing a fixed contract at the end of the journey if the candidates are good.
NGENI recruits recent graduates from STEM Universities across Kenya and recently, West Africa. We all know growth is inevitable when it comes to technology. Good luck to the trainees.
On the other hand, because of the increasing numbers by the day, NGENI decided it’s time to expand in order to create more space for the team. These new offices are now referred to as ‘NGENI HQ Extension’ 🔥It can accommodate a total number of 35 people, has fast speed internet, a special desk and monitor for each individual, a 50 inch Tv, Lounge and Kitchen.
The NGENI team worked tirelessly to put all this in place, together with their founder Joel. A place that indeed feels like home. With this kind of working environment, what could possibly go wrong? You are all welcome to pass by any day to say hi😉
This picture clearly shows the mood of the week. We’ve been working on our connection in order to connect with you😉Karibu NGENI HQ-Extension!
👨💻DEVELOPER OF THE WEEK.
Alex Muia “I was a backend developer using Django and Python before joining ngeni. However, ngeni turned me into a full stack web3 developer. It's been a working and learning experience at NGENI💯. Being part of NGENI's Indensity training program has come in handy in boosting my skills as a software developer and also easing my way into web3🚀
Now I am the Lead web3 front-end developer making user interfaces using React and writing the smart contracts…if you thought that was all, I do the integrations too. Previously, I was afraid of the ocean. Now I am surfing😁
I love solving problems and providing solutions to the end user of any software that I am building.👌 Working with a brilliant team of developers makes this much easier and fun! Talent wins games , but teamwork and intelligence wins Championships.”
Prior NGENI, he was a backend developer at InterIntel. He loves bowling and skating.
🏆PROJECT OF THE WEEK.
This is a bot that buys tokens that have already added liquidity on Binance Smart Chain Network and approves and buys the tokens.
Below is an overview;
Quote of the week.✍🏽
“Knowledge is your operating system.”
― Md Parvej Ansari.
About NGENI.
NGENI is Kenya and East Africa's first pure-play and largest Blockchain & Web3 development engineering Studio with a 50-plus-person team. The studio recruits and trains recent graduates from STEM Universities across Kenya and today has twenty-five (25) talented developers, at our Kilimani Headquarters.
All engineers have successfully taken on complex coding challenges, and hackathons and have ultimately delivered on complex multi-Blockchain applications, bots, and dApps for international projects.
Thanks for reading👌
Contact us: NGENI Linktree
Shiko Karanja✍