Africa Crypto News Week in Review: Ethiopia Crypto Mining Revenue Boom, ViFi Labs Acquires OneRamp, Algeria Bans Crypto

The exchange of South African cryptocurrencies Valr has become the first platform of the continent to offer tokenized American actions. Two important encryption events are scheduled in South Africa for October and November 2025

In the meantime, the Btc ▲ 0.36% The mining boom in Ethiopia is guiding record revenue for the state electricity company. To the north, Algeria took the unfortunate position of banning everything cryptographic activity.

These and other stories make continental titles for the week:

South Africa Crypto News: tokenization, acquisition and cryptocurrencies

The exchange of South African cryptocurrencies Valr has launched Tokenized US Stock Trading on its platform, making it the first African exchange to provide users with access to the markets of US actions.

Users can now exchange xstock, a representation of US securities on the Solana blockchain.

The Token Xstocks, created by supported in May, allows Valr users to keep track of their favorite US securities, such as Tesla and Amazon, with the convenience of Crypto Trading.

Valr is live with Xstock, pioneering shareholders tokenized in the United States in South Africa and the continent.#ProtradingForeveryone #MoneyFortheworld pic.twitter.com/3Avqtbiarq

– Valr (@valrdotcom) July 31, 2025

Meanwhile, peaches payments and moneybadger have collaborated. Peach Payments aims to exploit his first agreement with a encryption service provider to offer more choices to his consumers.

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Millions of South Africans now have cryptocurrencies and make payments using virtual goods. Pags of peaches aim to attract interested users to use this usefulness for the payment options of cryptocurrencies.

Bitcoin events also announced That Blockchaine Africa Conference 2025 and Cryptofest 2025 will occur in South Africa. The Africa Conference Blockchaine will be held in Johannesburg on 30 October 2025, while CryptoFest is scheduled for mid -November in Cape Town.

Algeria Crypto News: Cryptocurrency breeding prohibition

The Algerian government has implemented A global ban on all digital activities activities to protect the national currency.

Algeria has officially prohibited all activities related to cryptocurrencies. It is now treated as a financial crime based on anti -money laundering and anti -terrorism laws.

It is difficult to believe that in 2025 some African countries still saw cryptocurrencies like a crime. pic.twitter.com/ge9dnlo2yu

– Spectre (@specteranalyst) July 31, 2025

The ban, in force from 24 July 2025, was announced through a publication. The reasons mentioned include the fight against terrorism financing, fraud prevention and unjustified speculation brake.

These measures place Algeria at the end of the spectrum, since most countries allow cryptocurrencies within regulated paintings.

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Uganda Cryptto News: VIFI LABS acquires Oneramp

Decentralized Protocol VIFI LABS acquired Ugandese Oneramp platform, an increasing player in local cryptocurrency payments.

Vifi aims to strengthen the support point in strategic African markets and expanding to Latin America.

We are excited to announce that we have acquired @0xoneramp !

The platform makes it easy for people to spend cryptocurrencies for daily purchases, showing off the gap between the complexity of the payments of Stablecoin and Fintech.

That’s why pic.twitter.com/a84thdyggu

– Vifi Labs (@vifi_labs) August 5, 2025

Oneramp stands out by enabling the integration of Stablecoin seamlessly continuity with mobile money platforms and bank accounts, easily facilitating cryptographic payments for daily services.

Sub-Saharan Africa has seen an impressive adoption of mobile money, which could guide the wider use of cryptocurrency. VIFI LABS plans to exploit this growth for its regional expansion efforts.

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Ethiopia Crypto News: Bitcoin Mining Powers Energy Revenue Boom

The mineral sector of Bitcoin in Ethiopia is driving massive revenue to the state electricity company.

According to reports, Ethiopia Electric Power has gained other $ 55 million in the last 10 months from mining activities, in support of rural electrification efforts.

Excess hydroelectric energy exceeds local industrial demand. Bitcoin mining, often criticized for its energy consumption, provides a market ready for this excess power.

This situation creates a victory, showing that Mining Bitcoin can be sustainable in places with favorable power dynamics.

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