Published on 06/08/2026 - 15:08 GMT+2

Nigeria Pushes Forward with Crypto Oversight

Nigeria is advancing efforts to introduce clearer rules and supervision over the fast-growing cryptocurrency sector in Africa. The new regulatory approach seeks to boost openness, build investor trust, and foster an atmosphere that supports innovation alongside strong safeguards for users.

This development should aid the expansion of digital assets throughout the region, especially by making international transfers quicker and less costly, where blockchain solutions have already shown strong results. Companies and individuals stand to gain from these changes, opening doors to expanded commerce and broader access to financial services.

Pelumi Esho, CEO and Founder of 91 Payments, discussed the effects on Africa's fintech sector and stressed the need for balanced rules that promote creativity while building confidence in virtual assets. Experts in the field expect these guidelines to help establish Nigeria as a top digital finance center on the continent.

Redirecting Remittances Toward Productive Investments

The African diaspora plays a vital part in economic progress by sending close to $100 billion annually, often surpassing foreign direct investment levels in numerous countries.

At the EMY Africa London Summit, executives, funders, and officials explored ways to move these funds past basic household needs and into drivers of lasting economic change.

Discussions centered on guiding diaspora groups to direct more resources into startups, local enterprises, and growth-oriented projects. This approach could generate employment, bolster industries, and speed up sustainable development across Africa.

Attendees emphasized that easy-to-use investment options, better financial systems, and stronger relationships between investors and business owners will prove key to maximizing the impact of diaspora contributions.

Converting Farm Waste into Value in Bukavu

New ideas are transforming agriculture in Central Africa. In Bukavu, the company Joella shows how eco-friendly methods can tackle several economic and environmental issues at once.

Through raising black soldier flies, the firm turns organic waste into nutrient-rich animal feed, offering farmers a cheaper option compared with standard sources. This method cuts expenses while aiding food availability and better waste handling.

In addition to environmental gains, the project creates jobs in nearby areas and improves farming output. With rising interest in green agricultural solutions, models like black soldier fly operations are gaining attention as expandable ways to reinforce food networks throughout Africa.