Cape Town-based start-up uses stablecoins and a merchant-of-record model to undercut transaction fees that have long burdened African tourism businesses.
With one of the cheapest internet services in Africa and zero tariffs from the Trump administration, Starlink is set to confront the decades-old Hormuud Telecom.
The facility supports scalable digital financial solutions — such as mobile banking, digital credit, and payment platforms — to reach underserved populations, including women, smallholder farmers, and rural entrepreneurs.
Cape Town-based start-up uses stablecoins and a merchant-of-record model to undercut transaction fees that have long burdened African tourism businesses.
Nigeria’s proposed plan—demanding that withholding tax be paid in the native token and remitted to a government-controlled wallet—is a radical departure from global norms.