Ethiopia Turns Excess Energy into Bitcoin Revenue
Ethiopia Electric Power is generating significant income, $55 million in the last 10 months by selling surplus hydroelectric energy to Bitcoin miners. This revenue is being reinvested into rural electrification projects, offering a practical use-case for renewable power when traditional demand falls short.
ViFi Labs Acquires OneRamp to Grow in Local Crypto Payments
Ugandan startup ViFi Labs purchased OneRamp, a platform that integrates stablecoins with mobile money and bank accounts. This move strengthens ViFi’s payment services in Africa and aligns with plans to expand into Latin America.
Algeria Implements Complete Crypto Ban
Algeria has enacted a sweeping law criminalizing virtually all crypto activities, from trading and mining to owning or promoting digital assets. Violators risk up to one year in prison or fines up to 1 million Algerian dinars (around $7,700). This aggressive stance stands in stark contrast to more crypto-friendly approaches emerging across other African nations.
South Africa Breaks Ground with Tokenized U.S. Stocks
South African crypto exchange VALR has introduced “xStocks,” a new feature that lets users trade tokenized versions of U.S. stocks (like Tesla and Amazon) using blockchain, making it the first to offer such services in Africa. Additionally, the country is gearing up for major crypto events in October and November 2025: Blockchain Africa Conference (Johannesburg) and CryptoFest (Cape Town).
Simplification
Ethiopia’s Energy Monetization – Bitcoin mining is funding electrification projects using spare power.
ViFi Labs Expansion – Stablecoins are becoming easier to use via mobile money in Uganda.
Algeria’s Strict Ban – Crypto is now outright illegal, even for holding or discussing it.
Tokenized Stocks in South Africa – South Africans can trade U.S. stocks as digital tokens on blockchain.
