ngeni dev roundup corner
the week ending March 13th WHAT’S AHEAD +Project of the week + Africa in the Metaverse +Startups funding +Recap on events +P2P platforms
Good Afternoon 😀, and welcome to the weekly recap of innovative technologies propelling Africa ahead. This is a perfect resource for African Developers to know what's up in FinTech, Web3, Cryptocurrency, Blockchain, and Exchange Trading ecosystems🔥
✨RELEVANT NEWS. Funding Announcements
Dash, a Ghanian payments app, has raised $32.8 million in seed funding led by Insight Venture Partners, with participation from ASK Capital, Techstars, Guillaume Pousazs Zinal Growth Partners, Jitendra Gupta of Jupiter Money, Amrish Rau of Pine Labs, and the founders of PennyLane. | Tech Gist Africa March 3, 2022
The Kigali International Financial (KIFC) has announced the launch of a $50 million Fintech Africa Fund which will focus on fintech startups operating in Africa that have proven technology
| Tech Gist Africa ➤ March 7, 2022
Sudo Africa, a Nigerian startup, has raised $3.7 million in pre-seed funding. Picus Capital, LoftyInc Capital, Rallycap Ventures, Kepple Africa, Berrywood Capital, ZedCrest, and Suya Ventures all contributed to the round, which was led by Global Founders Capital (GFC).
| Tech Gist Africa ➤ March 7, 2022
Web 3.0 opens new markets for Africa . “The latest iteration of Internet World Wide Web 3.0 (Web 3.0) might shift more control of web content into the user’s hands. This means that users will have more control over their data as stipulated under Article 20 of the General Data Protection Regulation (GDPR)
| https://www.businessdailyafrica.com/ ➤ March 9, 2022.
Naqla, an Egyptian logistics startup, has raised $10.5 million in a pre-Series A funding round. Investors El Sewedy Capital Holding (SCH), Hassan Allam Holding (HAH), and the Sallam Family led the Pre-Series A investment.
| Tech Gist Africa ➤ March 10, 2022
📚
Be on the know
✅
This will contain lots of stories on the fast-paced world of technology, firsthand knowledge, and opinions to give a comprehensive view of this rapidly changing ecosystem.
Six reasons why there aren't more women in crypto. “It’s no secret that crypto is male-dominated. In a DAO survey that BanklessDAO did with Gitcoin, just over 11% of the hundreds of participants identified as female. In a space as busy as ours, it’s easy to sweep the imbalance under the rug and say we’ll tackle it later. “ |Bankless ➤ March 10, 2022
Can Africa enter the metaverse? Big tech is pumping in billions and African tech companies are taking their first tentative steps, but with costs prohibitively high, will Africans be able to participate in the metaverse?
| https://african.business ➤ March 6, 2022
Microsoft partners VCs, accelerators to back 10,000 startups in Africa. It also announced plans to partner with venture capital investors to increase funding access for startups in Africa by unlocking $500 million in “potential” investment. Microsoft said that it is already working with Banque Misr, Global Ventures, and Get Funded Capital.
| https://techcrunch.com/ ➤ March 8,2022
Kenya Red Cross Society and BelfricsBT Sign MoU on Exploration of Blockchain Use in Education, Health, and Humanitarian Actions. The partnership will encourage a deeper exploration of the use of blockchain in humanitarian response, and the expected outcome will catapult humanitarian services to greater heights and motivate more collaboration between humanitarian organizations and the private sector.
| bitcoinke.io ➤ March 10, 2022.
Adobe expands NFT Support to Polygon and Solana enabling creatives to showcase their minted art on Behance
| bitcoinke.io ➤ March 10, 2022.
😉
IN CASE YOU MISSED IT.
Events and Hackathons
This is where we talk about the week's biggest events and try to get under the skin of what's happened.
Introduction to Blockchain Development organized by celo and Moringa School.
This event took place at Ihub, Nairobi on Friday 11th March 2022. It was a workshop where Jordan Muthemba, who was the instructor, was guiding developers on how to build on celo blockchain. Our developers attended the event and asked questions about the celo blockchain.
Adanian Labs Hackathons organized by Adanian Labs.
On Saturday the 12th March 2022 Adanian Labs hosted a 6-hour hackathon challenge with the aim of creating innovative solutions. This event was attended by two of our software developers,Vincent Sipoi and James Kiarie. They were part of the panelists and participated in discussions to which other attendees listened. They also served as subject matter experts in a Q & A session.
⏭️
WHAT'S ON THE HORIZONS
.
Here are some of the events that will be on from 14th to 19th March 2022.
➧Blockchain International Scientific Conference ISC2022
ISC2022 is the annual flagship event of The British Blockchain Association.
It's going to take place on 14th March 2022.(https://bit.ly/3pg6Unv) and it will be online.
Why attend:
KEYNOTES from Heads of States, Presidents of countries, Members of Parliaments, and Thought Leaders in the field of Blockchain and Crypto assets
Guest Speeches from Policymakers, Regulators, Senior Government Officials and the Heads of Public Sector Governance
Cutting-Edge Blockchain Industry Research presentations from leading Blockchain Institutions, Excellence Hubs, and Think-Tanks
➧Blockchain Africa Conference - It will take place on the 17th and 18th of March, 2022, and will be online.
Why attend:
Sessions, keynotes, panels, and fireside chats exploring the latest trends and developments in blockchain technology and cryptocurrencies, both in Africa and globally.
The conference will bring together top thought-leaders and pioneers in the global industry, and create an ecosystem for all to learn, network, and collaborate with each other.
Find out more:
http://blockchainafrica.co
Register for free:
https://blockchainafric.floor.bz
🌍INSIDE AFRICA
Every week we are going to be looking at key people and most engaging posts on Twitter in Fintech, Web 3, Cryptocurrency, and Exchange Trading.
➧Tweet of the week
Crypto Education.
“In cryptocurrency, education is critical. People need to learn more about blockchain and the various ways people could use the information or knowledge to improve their lives. It is important to understand the basics and, if possible, the details included in the things you do and what you invest in.”
Peer-to-peer platforms
“The major characteristic that makes it easy for P2P transactions in Africa to thrive is its flexibility to bypass the many rules and regulations that have been placed by Central Banks.” The topmost popular P2P platforms are;
Paxful which offers over 300+ transactions methods has a 1% trading fee, but only trades Bitcoins.
Binance which offers over 60+ transaction methods has a 0% trading fee, and trades in BTC’s BNC’s, ETH, and EOS.
Remitano which offers multiple payment methods has a 0% trading fee and trades BTC’s, BNB, BCH ETH, USDT, and more.
LocalCryptos which offers over 60+ transaction methods has cost sharing model of trading fee (0.25% seller and 0.75%) and trades BTC’s, ETH, and LTC
CryptoLocally which offers over 40+ transaction methods has a 0.99% trading fee, and trades in BTC’s BNC’s , ETH and EOS.
🏆 NGENI PROJECT OF THE WEEK.🏆
This week, we'll take a look at the DayTrader ProV Bitcoin trading tool. This software built by our ngeni developers, is an automation trading tool, with a superior fast action dashboard for advanced traders.
On our Twitter page( https://twitter.com/ngenidevs) we posted a trading competition with the aim of finding Kenya’s Next Top Bitcoin DayTrader, and several traders rose to the challenge. The condition was to use our in-house built trading tool “ DAY TRADER PROV” to trade and the winner would walk away with Ksh 100,000.
The first round was from 7th to 10th March 2022 with each competitor trading for 12 hours straight. Round 2 officially kicked off on 14th March and will run till 18th March 2022. The same rules from round one still apply. Stay Tuned as the winner will be announced in next week’s newsletter.
Thanks for reading 🙌🏽 if you want to chat generally or if you’re interested in web3, FinTech, Cryptocurrency, Blockchain and Exchange Trading, feel free to reach out: Twitter (https://twitter.com/ngenidevs)
LinkedIn -https://www.linkedin.com/in/ngeni-developers-bb2a9421b/
Email, info@ngeni.io
— Shiko Karanja ✍🏼