Eccob Networking
04/05/2026
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17/04/2026
Strive Masiyiwa's Econet InfraCo is listed on the Victoria Falls Stock Exchange (VFEX), valuing it at $1 billion.
This listing pushed the US dollar-denominated VFEX past the 132-year-old Zimbabwe Stock Exchange (ZSE) in total market value.
VFEX was created in 2020 to attract hard-currency investments and now offers more stable pricing and liquidity compared to ZSE.
Econet Wireless shifted key assets to VFEX amid regulatory scrutiny and initial shareholder resistance over delisting terms.
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Circle Internet Group has partnered with Cassava Technologies to promote stablecoin use across Africa, specifically leveraging USDC.
This marks Circle's first major initiative on the continent and aims to boost digital payments for Sasai Fintech Ltd., Cassava's fintech division.
Cassava Technologies, recently in the spotlight for its AI initiatives, will use Circle's currency to expand financial services to millions across 30+ African regions.
The deal is expected to support faster, cheaper, and more reliable cross-border transactions, benefiting Africa's growing digital economy.
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