Africa Crypto News Week: Sui Foundation Launches Hub In Nigeria, MoneyBadger Raises $400,000 As Kenya Considers Crypto “Travel Rule”

Africa Crypto News: Kenya is taking into consideration the “travel rule” in Vasp while the foundation on the launches a blockchain hub in Nigeria. South Africa Moneybadger collects $ 400,000.

The foundation has launched an Hub Blockchain in Nigeria to increase the country’s developers’ ecosystem. In South Africa, the Crypto Startup Moneybadger has collected $ 400,000 in its pre-seed round to increase bitcoin payments. In the meantime, in Kenya, the government is trying to implement the “travel rule” in the recently proposed VASP invoice.

These and other stories make continental titles for the week:

Nigeria Crypto News: on the foundations launches a hub blockchain in Lagos

The foundation SUL, which is behind it, is Invest iNA Blockchain Hub in Nigeria to grow the country’s developers’ ecosystem.

This launch extends the basic awareness effort of sui foundation in African and Asian markets.

The faster growth technological market in Africa has just received an important update.

Sulhub Lagos is live

It is more than one space: it is a launch for the next generation of African manufacturers.

Workshop, Dev support and real access to the global blockchain infrastructure. pic.twitter.com/s5dletqkxd

– On (@suinetwork) July 15, 2025

Lagos joins other destinations such as Dubai and Athens, where the Foundation has sponsored Hackathon and related initiatives.

Christian Thompson, CEO of the foundation SUL, said that the Foundation will support developers who, in turn, are based on SUL and will release impact solutions.

“Lagos hosts one of the most energetic technological communities in the world right now. By creating a space to collaborate, learn and build, on the talented developers in Lagos the infrastructure and support to build on SUL is developing developers and creating solutions that will have a significant global impact.”

Nigeria has the largest population on the African continent and a rapid -growing cryptocurrency market with some of which are investors in ICOS Best Meme Meme.

This effort shows the appreciation of Sul for this important market and the platform hopes to collect the dividends in debt.

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South Africa Crypto News: Moneybadger collects $ 400,000 to drive Bitcoin payments

South African cryptocurrency startup has Moneybadger raised $ 400,000 to enhance his Btc ▲ 0.43% Payment services within the Region.

The platform, which is an idea of Carel Van Wyk, Carl Kritzinger, Ben Blaine and Brent Petersen, aims to improve his partnerships and expand the operations.

Carel Van Wyk, the founder, said that the funds will be used to accelerate partnerships and further serve their customers well.

“This financing round, partially financed in Bitcoin, helps us to accelerate these partnerships and expand our consolidated service to multiple consumers, traders, use cases and countries. We provide a future in which you can buy anything with Bitcoin.”

Moneybadger will look for more commercial partners to improve the scope of Bitcoin payments.

Moneybadger Borses US $ 400 K to tame friction of cryptographic payments

Cape Town Moneybadger’s start-up closed a 400 k USD Round Pre-Seed led by Nimble Capital. Fintech offers a stable settlement fipas that cuts cross-border transfer commissions to ~ 0.7 %, compared to 4-5 %of Swift …

– Victor de ascenção (@victorascancao) July 17, 2025

South Africa boasts one of the most impressive encryption adoption rates and this platform aims to exploit this growth market to become a leader in the sector.

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Kenya Crypto News: legislation to introduce “travel rule”

Kenya’s government is taking into consideration Presentation The “Virtual Assents Provider (VASP), which continues to take shape.

This rule requires cryptocurrency service providers to collect and share information, including transactions chronology and physical addresses, with other service providers and financial institutions with which they commit themselves.

This requirement is an effort to conform to international requirements by the Action Financial Task Force (Fatf) and the related global regulators.

Cryptographic regulations will always be a delicate balancing act. This is because the initial premise of Crypto, also the The best new crypto -Cryptos in which to investHe had to offer an alternative to traditional finance.

Having said that, encryption service providers operate in a reality in which they must create employment relationships with local governments. As such, Kenyan operators could soon face this reckoning.

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