A small island nation in the Indian Ocean, Seychelles has emerged as a leader in blockchain funding in Africa despite its low crypto adoption rates.
Starlink Reaches Seychelles as Africa Expansion Hits 28 Markets
Starlink's satellite internet service is now available for Seychellois households and businesses. The service was introduced during a soft launch at Seychelles State House with Vice-President Sebastien Pillay.
Fusepay expands beyond payments with AI operating system for trade businesses
Fusepay has launched an AI-native operating system called Fuse360 to streamline operations for wholesalers, distributors, and manufacturers. Fuse360 integrates inventory management, order processing, invoicing, customer credit, collections, and retailer relationships into a single platform.
What Africa’s 2024 blockchain funding says about investor priorities
Africa's blockchain funding dropped to $122.5 million in 2024, a 36% decrease from 2023. Seychelles attracted $38.85 million in blockchain funding, despite a 56% decline from the previous year.
Seychelles Leads African Blockchain Funding Amid Shifting Market Trends
Seychelles attracted 31% of all blockchain funding in Africa, totaling $38.35 million. In 2022, Seychelles secured $209 million in blockchain funding, which dropped to $89 million in 2023.
Seychelles dusts Nigeria, South Africa, others as it recieves 33% of Africa’s blockchain funding
Seychelles received 31% of all blockchain funding in Africa, totaling $38.35 million. In 2022, Seychelles received $209 million, representing 43% of African blockchain funding.
