Uganda Financial News

27.07 / 23:49

Energy Power Macron calls Russia a 'colonial power' during visit to ex-French colony

The French president vilified Russia as a "colonial imperial power" during a visit to Benin, which France ruled for more than 150 years.

25.07 / 08:57

Pope Francis Russia continues Africa charm offensive as Lavrov arrives in Congo

Russian Foreign Minister is in Congo on Monday as part of Russia's Africa charm offensive that also takes Sergei Lavrov to Egypt, Uganda and Ethiopia.

02.07 / 11:48

Blockchain Adoption Africa Bitcoin Moon African celebrities join degens on the journey to the moon

African degens are on a journey to the moon. With crypto, African people’s savings are hedged against insane inflation levels, they can find employment in Web3, and there is always the potential to make life-changing money that will transform the trajectory of their lives forever.

30.06 / 00:05

markets Blockchain Stratis (STRAX) gains 200%+ after Sky Dream Mall metaverse and stablecoin announcement

Bear markets can be incredibly harsh for projects that have little adoption or lack an applicable use case, but projects that dedicate to building regardless of market sentiment tend to succeed in the next market cycle.

24.06 / 18:01

business Adoption Africa Bitcoin Uganda’s gold discovery: What it could mean for crypto

These are fraught times for the cryptocurrency and blockchain sector, so it isn’t surprising that industry proponents might seize upon any promising news to help charge flagging markets. A Reuters report out of Uganda last week about a massive gold ore discovery supplied just this kind of fuel.

06.06 / 08:01

Law Africa Sandbox regulatory Ugandan central bank u-turns on crypto welcoming firms to regulatory sandbox

The Bank of Uganda is open to the idea of cryptocurrency businesses participating in its Regulatory Sandbox, inviting members of the Blockchain Association of Uganda (BAU) to share their knowledge with the central bank.

31.05 / 23:11

Adoption Binance Africa Binance to launch Africa crypto awareness tour as adoption ramps up

With a 1,200% increase in received crypto volume between 2020 and 2021, the accelerated adoption of digital assets in Africa has captured the attention of multiple companies and organizations looking to take part in this growing market.

17.05 / 13:27

BTC Digital Strategy Bitcoin Bukele 44 Countries Converge in El Salvador to Discuss Bitcoin Roll Out, President Bukele Says

Forty-four nations are expected to meet in El Salvador to discuss issues touching on banking the unbanked and Bitcoin adoption, according to President Nayib Bukele.

16.05 / 11:29

Adoption Central Bank Bitcoin Bukele ‘44 Nations Meeting in El Salvador to Talk Bitcoin,’ Claims President Bukele

Thirty two central bankers and 12 financial chiefs representing 44 nations will meet in El Salvador later today, per the nation’s President Nayib Bukele, who claimed that – among other things – the group will discuss bitcoin (BTC).

08.05 / 15:37

UPS cryptocurrency Digital cryptocurrency news Bitcoin Cryptocurrency In Africa: Here’s All You Need To Know

Many African countries are warming up to the idea of adopting cryptocurrencies

07.05 / 13:31

cryptocurrency Lowe's Digital cryptocurrency news Option Uganda's Central Bank Weighing Option Of Issuing Digital Currency

Uganda's central bank is weighing option of issuing digital currency

05.05 / 07:25

Blockchain Microsoft Platform Centre Stratis to Fund Blockchain Innovation Centre in Uganda

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

16.02 / 11:39

COST UPS Exodus Decade-High Food Prices Drive Poverty and Unrest in Africa

KAMPALA, Uganda—Before dawn on a recent Tuesday morning, Prosy Komukama lined up outside a labor agency in Kampala, hoping to join a growing exodus of Ugandans seeking work in the wealthy Gulf states of the Middle East to escape the spiraling cost of living.

06.12 / 21:44

business Blockchain Gemini Charity We are seeing ‘10x growth in terms of the number of nonprofits accepting crypto,’ says Alex Wilson of The Giving Block

With the market capitalization of digital currencies surpassing $2 trillion, there is now record interest in crypto philanthropy. From helping to build a school in Uganda to fundraising for frontline healthcare workers and raising awareness for artists with intellectual disabilities, many nonprofit projects are gaining traction with generous assistance from crypto enthusiasts.

19.11 / 17:39

NFT Charity Africa Funding platform Orica partners with NGO to use NFTs to build a school in Uganda

The rising number of social impact projects using digital art to fundraise for charitable causes marks a powerful development in the nonfungible token (NFT) space. One such project leveraging technology for social good is Orica, an ethical funding platform supporting artists and social impact organisations, or SIOs, to create and sell NFTs.

11.11 / 12:35

Twitter FTX leads $150m Series C extension for Chipper Cash

Founded in San Francisco in 2018 by Ugandan Ham Serunjogi and Ghanaian Maijid Moujaled, Chipper Cash is a mobile app that lets people transfer money across borders, fast and cheaply.Currently available in seven African countries - Ghana, Kenya, Nigeria, Rwanda, South Africa, Tanzania and Uganda - as well as the UK, the startup claims to have four million users.The firm is looking to expand to new countries and has recently introduced a crypto product and will soon let users invest in US

08.11 / 03:13

Twitter FTX leads $150m Series C extension for Chipper Cash

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