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Crypto

Kenya uploads 30 million education records to Avalanche blockchain

Kenya has launched a blockchain-based education verification system that has uploaded more than 30 million academic records to the Avalanche network. Cointelegraph reported that the Kenya National Examinations Council introduced the system to reduce forged academic certificates and make verification easier. KNEC and Avalanche said it aims to address thousands of counterfeit certificates reported annually in Kenya. They did not disclose how widely the system is being used.

Crypto

Tether signs tokenisation pact with Nairobi Securities Exchange

Tether signed a memorandum of understanding with the Nairobi Securities Exchange to jointly review tokenised securities, blockchain-based market infrastructure and possible use of USDT payments. The two sides will also examine whether USDT can be used as a layer of digital payment infrastructure within Kenya’s regulatory framework. The agreement focuses on blockchain market infrastructure, digital asset education and reviewing real-world asset tokenisation.

AI & Enterprise

IMF says AI could lift sub-Saharan Africa\'s economy 4 percent but power and internet come first

Sub-Saharan Africa could increase economic output by about 4 percent over the next decade from adopting artificial intelligence if it improves electricity, internet access and digital capabilities, the International Monetary Fund said. Without such reforms, the gain would be limited to 0.2 percent, a report co-author said. The IMF said power supply and connectivity are key constraints, and warned that investment concentrating in a few countries could widen gaps within the region.