NGENI DEV ROUNDUP CORNER.
This week in Web3,Blockchain,Fintech ,Cryptocurrency and Exchange Trading April 11-17th Web3 Afrika Dev Roundup + more funding + is Africa ready for web3 + developer corner + project of the week.
✨More Funding Announcements.
➤Egyptian ed-tech startup Sprints has raised a US$1.2 million seed funding round to help it scale its platform across the Middle East and Africa.
Disrupt-Africa April 11, 2022
➤ImaliPay raises $3m seed round
Nigerian gig economy fintech startup ImaliPay has raised a US$3 million seed round to deepen its financial services infrastructure across Kenya, Nigeria, and South Africa. Disrupt Africa April 11, 2022
➤ZirooPay raises $11.4 million in Series A funding.
ZirooPay, a Nigerian fintech startup, has secured $11.4 million in Series A funding headed by Zrosk Investment Management.
Tech Gist Africa April 12,2022
➤The International Finance Corporation (IFC) invests $15 million.
The International Finance Corporation (IFC) announced a $15 million investment in the second fund from venture capital firm Algebra Ventures, with the goal of assisting internet entrepreneurs with access to capital and driving innovation and job development in Egypt. Tech Gist Africa April 13, 2022
📚Be On The Know.
➤Coinbase, FTX, and Binance are the Biggest Crypto Exchanges.
A new report from CryptoCompare finds that top-tier digital asset exchanges such as Coinbase, FTX, Gemini, and Binance have continued to increase their market share over the last six months Dailyhodl April 11, 2022
➤Tether Operations Limited, the operator of the blockchain platform Tether has launched its Tether tokens (USDT) on the Kusama network.
This incubation will let USDT power transactions on Statemine para chain .Statemine project deploys assets from tokenized artwork to stablecoins. The company said the move will enable developers to compose trustless applications across chains, communities, and networks.
Coinquora April 13, 2022
➤ Swvl, an Egyptian mobility company, has started trading on the NASDAQ stock exchange in the United States, with an initial offer price of US$9.95 per share.
Further Africa April 13, 2022
➤High-level Platform Liquidifty Makes a Difference in NFT-marketplaces
The News Crypto April 14, 2022
🚀Web3 Corner🚀
➤Is Africa’s Digital Economy Ready For Web3? As it so happens, web3 might just be what Africa has been looking for all along.
The world is moving to Web3, a new iteration of the worldwide web-based on decentralization with blockchain and crypto technology, allowing companies to build new things that provide unique value to society. Here is how it will all happen.
➤Three African countries plan to adopt cryptocurrency and blockchain solutions
Cameroon, the Democratic Congo, and the Republic of Congo are planning to adopt cryptocurrency and blockchain solutions powered by The Open Network(TON)
Separately Cameron is considering issuing a national stable coin that is based on the same blockchain network.
➤ “The rise in online work culture boomed the growth of the NFT’s market, especially post-pandemic, owing to the key marketing strategies used by the market players to lure the internet users into investing in the NFTs and contributing to the growth of the NFTs market across the globe during the forecasting period.
Rising digitalization and different users from various verticals exploring and investing in the NFTs and rising demand for the user-oriented, digitalized and secured NFTs platform contributes to the NFTs market’s growth.
➤Cisco Talos has revealed the top 5 security risks in Web 3.0.
➤ The future of the internet is web3.Most people are not familiar with the infrastructure behind web3.there is an article about web3s infrastructure cointelegraph
👩💻Developer of the Week👩💻
"The phrase 'Ladies in tech' is a fascinating one, since I believe it's an important phrase to have around. It's essential to remind individuals from time to time, that ladies are in tech.”
Betty Kirii aka The NFT Queen is a software developer at ngeni.She is a computer science graduate from Kenyatta University.
“My experience at Ngeni has been good so far. I started by building things I was unfamiliar with and now I can say things are clear. It hasn't been an easy road but it has been great to see the company and myself grow as I gain skills . I started off as a Web2 developer and transitioned to web3 and now I wouldn't go back.
This industry needs hard work and consistency, sleepless nights because it grows every day, it's inevitable .”
Besides work, she enjoys swimming and binge-watching some good series.
🏆Project of the Week🏆
RADAR WALLET
This is a mobile application that functions as a crypto wallet where one can store assets on most Ethereum Virtual Machine-supported blockchains (Ethereum, Binance Smart Chain, Huobi ECO Chain, etc.).
Users create wallets and receive and send any asset which is deployed on the blockchains mentioned above. The build is a cross-platform application for both Android and iOS platforms.
Other Articles📚
Nexo Partners with MasterCard and DiPocket to launch crypto wallet.
Elon Musk offers to buy Twitter.
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-one (21), 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 ✍🏼