Blockchain Fintech Shiga Digital Empowers African Businesses to Leverage Digital Finance Tools
With this milestone, Shiga Digital makes it easier than ever for businesses and individuals to send and receive stablecoin payments, manage cross-border transactions, and access secure digital asset investments all from the convenience of a mobile device.
The launch follows a recent strategic partnership and investment from Tether, the global leader in digital assets and issuer of the world's most widely used stablecoin. This collaboration marks a major step in scaling blockchain adoption across Africa and signals growing international confidence in the continent's fintech landscape.
'Africa is on the cusp of a financial transformation, and at Tether, we believe in being more than just observers; we are active enablers,' said Paolo Ardoino, CEO of Tether. 'Our strategic alliance with Shiga Digital is rooted in a shared belief that access to stable, secure, and scalable financial tools should not be a privilege, but a right. This partnership represents a long-term commitment to equipping African businesses with the technology and infrastructure needed to thrive in an increasingly digital global economy. Together, we are unlocking new pathways for growth and innovation and helping to shape a more inclusive financial future for the continent.'
Shiga Digital's platform was built for African businesses, especially mid-sized companies seeking alternatives to legacy financial systems. By integrating blockchain-based tools, the company simplifies payments, enables faster cross-border trade, and offers transparent access to stable, secure digital finance.
'We're not just building tech, we're building financial infrastructure that works for Africa,' said Abiola Shogbeni, Co-Founder and CEO of Shiga Digital. 'Our new mobile apps are a major step in our mission to level the playing field. They bring intuitive, locally relevant financial tools right into the hands of business owners, wherever they are.'
Shiga Digital partners with licensed financial transmitters in each of its markets to ensure its services are fully compliant, locally relevant, and aligned with applicable regulatory requirements.
'What sets us apart is how and why we're building,' added Dami Etomi, Co-Founder and COO. 'This isn't just about technology… It's about creating solutions that scale impact. Our partnership with Tether goes beyond financial backing; it's a shared commitment to the future of finance in Africa.'
As more African businesses adopt blockchain-powered financial tools, Shiga Digital is positioning itself at the forefront of this movement, offering a platform built to meet local needs, backed by global standards.
Distributed by APO Group on behalf of Shiga Digital.
About Shiga Digital:
Founded in 2021, Shiga Digital is an international fintech company developing innovative blockchain financial applications. With operations across 15+ countries, the company bridges the gap between traditional finance and decentralized systems making digital finance more accessible, secure, and efficient for African businesses and individuals.
To learn more or download the app, visit https://Shiga.io or download the app on the Apple AppStore and Google Play Store (http://apo-opa.co/4mfqrza).
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Zawya
7 hours ago
- Zawya
Flat6Labs Grows Bigger: Introducing F6 Group to launch F6 Ventures, the new venture capital arm
F6 Group, a newly formed entity integrating venture capital and entrepreneurial support, announces its official launch, anchored by two powerful arms: F6 Ventures, a newly launched seed-stage investment firm, and Flat6Labs ( the region's most recognized startup accelerator platform. Together, they represent a bold evolution of the company's 14-year journey, bringing sharper focus, expanded reach, and deeper capabilities to support founders and ecosystems across the Middle East and Africa. At the core of this transformation is F6 Ventures, the Group's dedicated venture capital arm to be managing six funds with over $90 million in assets under management (AUM) and a track record of 300+ companies invested into by the Partners. Focused on seed and early-stage investments across the Middle East and Africa, F6 Ventures is positioned to become a market leader in seed-stage investing across emerging ecosystems, as it addresses a pressing funding gap at the most critical phase of startup development: the pre-seed and seed stages. Co-Founded by Dina el-Shenoufy and Ramez El-Serafy, the firm leverages F6 Group's extensive regional presence and legacy of empowering entrepreneurial talent, through the long-standing work of Flat6Labs, previously under the leadership of el-Shenoufy and El-Serafy, to back visionary founders, scale tech-driven innovation, and create lasting value for stakeholders. 'F6 Ventures marks a new era in our journey, bringing focused capital and sharper execution to support the region's boldest founders.' said Dina el-Shenoufy, Co-Founder and General Partner at F6 Ventures. 'We are extending our commitment to early-stage startups to help them scale from idea to impact.' Backed by the extensive regional footprint and entrepreneurial legacy of F6 Group and headquartered in Cairo, with offices in Riyadh, Abu Dhabi, Amman Tunis, and Nairobi, F6 Ventures is also led by the regional partners, namely Eyad Albayouk, Ryaan Sharif, Rasha Manna, Walid Triki, and Christine Namara. Together, this seasoned leadership team brings decades of experience in venture capital, entrepreneurship, and market development across the Middle East and Africa. 'Over more than a decade, we've empowered thousands of founders and helped bold ideas grow into market-leading startups. I'm excited to begin this new chapter with F6 Ventures helping founders scale faster and drive the next wave of innovation,' said Ramez El-Serafy, Co-Founder and General Partner at F6 Ventures. Meanwhile, maintaining the regionally renowned brand name, and with the leadership of newly appointed CEO, Yehia Houry, Flat6Labs sharpens its focus on founder support, innovation, and ecosystem growth across emerging markets. Building on more than 14 years of proven impact, it remains the region's leading platform for world-class startup programs and ecosystem-building initiatives, deepening its mission to empower entrepreneurs and drive regional innovation . Both entities operate under the unified structure of F6 Group led by Dina el-Shenoufy as CEO and Hany Al Sonbaty, Founder and Chairman, ensuring a unified strategy that combines venture capital and entrepreneurial support programs to advance innovation across emerging markets. Looking ahead, F6 Ventures plans to launch multiple new regional funds across Africa, the GCC, and Levant, with a goal of expanding its AUMs to $200 million and investing in over 200 companies within the next five years. F6 Group brings together venture capital and founder support under one platform, purpose-built to serve startups across emerging markets. By aligning investment and programmatic expertise, F6 Group delivers unmatched access to capital, programs, and expertise - turning visionary founders into market leaders. Distributed by APO Group on behalf of Flat6Labs. For press inquiries, contact info@


Gulf Business
9 hours ago
- Gulf Business
Qatar weighs in on global tokenisation rules with new policy report
Henk J. Hoogendoorn, QFC's chief financial sector officer. (Image: Supplied) Qatar is setting its sights on becoming a key player in global tokenisation frameworks as the market heads towards a potential $16tn by 2030. The Qatar Financial Centre (QFC) has unveiled a The projection for a $16tn market comes from Boston Consulting Group and ADDX, which estimate tokenisation could represent around 10 per cent of global GDP Drawing on insights from the inaugural Digital Assets Policy Roundtable held in Doha alongside the Qatar Economic Forum earlier this year, the report, entitled The findings highlight five priorities: align cross‑border regulations, invest in core infrastructure, embed financial inclusion, coordinate AI‑blockchain governance and establish public‑private 'tokenisation labs' to validate real‑world use cases. 'Tokenisation can unlock real value by making assets more accessible and easier to transfer,' said Yousuf Mohamed Al‑Jaida, CEO of the QFC. 'To realise this potential, we need a clear system that combines robust regulation, secure custody and practical application. This will create a trusted environment that enables institutional adoption and drives sustainable market growth.' Pragmatism before perfection The report urges a measured, infrastructure‑first approach to tokenisation. 'Tokenisation must serve a purpose,' said Henk J. Hoogendoorn, QFC's chief financial sector officer. 'It should democratise access and create real‑world value. Qatar is committed to making tokenisation of real‑world assets a success.' Maha Al‑Saadi, head of regulatory Affairs at QFC and moderator of the roundtable, added: 'Regulatory clarity is not a luxury, it is a prerequisite for scalable tokenisation. Our goal is to bridge global standards with local implementation to ensure digital assets can operate within a trusted and secure environment.' Speakers at the Inaugural Digital Assets Policy Roundtable hosted by Qatar Financial Centre alongside Qatar Economic Forum. From Left: Patrick Tan (HELIX), Zane Suren (Zodia Custody), Shaun Swan (QFCRA), Mohammel Al-MXXX) Heinz Konzett (Lichtenstein), Henk J. Hoogendoorn (QFC), Arjun Vir Singh (ADL), Saloi Benbaha (XDC Network), Giovanni Everduin (CBI), Sandra Ro (GBBC), Jorge Carrassco (FTI), Tanvi Singh (GBBC), Michal Gromek (Global Coalition to Fight Financial Crime), Maha Al-Saadi (QFC), Oscar Wendel (Global Stratalogues), Bashir Kazour (Taurus). Co‑author of the report and founder of Global Stratalogues, Oscar Wendel, said: 'This report distils the collective intelligence of global thought leaders, financial experts and regulators. It is designed to help lay the policy foundations for inclusive and interoperable digital asset markets worldwide.' Oscar Wendel, Founder & Chairman, Global Stratalogues and co-author of the report, closes the Inaugural Policy Roundtable in Doha. Regional momentum The Gulf is emerging as a testbed for tokenisation innovation. In Dubai, the Virtual Assets Regulatory Authority (VARA) has introduced a regulated framework for asset‑referenced virtual assets, enabling tokenised real estate offerings. One recent example saw In January, Dubai‑based The QFC's report, With a focus on clear rules, strong infrastructure and inclusion, Doha is making a play to turn tokenisation's promise into a lasting pillar of Gulf and global finance.

Zawya
9 hours ago
- Zawya
Group Chief Financial Officer (CFO) of Nigeria's Pan Ocean & Newcross Companies Joins African Energy Week (AEW) 2025
African Energy Week (AEW) 2025: Invest in African Energies is proud to announce that Seyi Oladapo, Group CFO of Pan Ocean and the Newcross Companies, will be joining the continent's premier energy event in Cape Town. His participation brings one of Nigeria's most strategically positioned private energy players to the forefront of conversations on upstream growth, local capacity building and unlocking new investment across Africa's hydrocarbon value chain. As one of Nigeria's most established oil companies, Pan Ocean is accelerating its growth – deploying advanced technologies such as aerial drones and ultrasonic meters to enhance asset security – pursuing an ambitious well-drilling campaign, and supporting Nigeria's goal to reach 2 million barrels per day by 2025, while working to eliminate gas flaring by 2030. Pan Ocean and NewCross recently held a high-level meeting with NNPC leadership, underscoring their commitment to aligning with national strategic priorities and strengthening partnerships across the oil and gas exploration and production sectors. Together with its sister company NewCross, Pan Ocean is carrying out drilling on OML 24, which is expected to add approximately 1,500 barrels per day of oil and around 4 million standard cubic feet of gas per day. The company also recently commissioned a vapor recovery unit compressor that channels gas to a processing plant, reducing flaring and improving efficiency. At AEW 2025, Oladapo's participation will provide valuable insights into how Pan Ocean is using financial strategy to scale operations, manage risk and build strategic partnerships amid a rapidly evolving regional energy landscape. 'Pan Ocean and Newcross exemplify how indigenous private leadership can deliver meaningful growth and infrastructure value in Nigeria's energy sector. Their participation at AEW 2025 reflects Africa's shift toward home-grown, investment-ready energy operators that can partner globally and deliver local impact,' says Oré Onagbesan ( Program Director ( AEW: Invest in African Energies ( Oladapo's engagement at AEW 2025 underscores the importance of Nigeria's private sector in driving upstream capacity, aligning with broader continental goals of self-reliance, energy infrastructure development and investment draw. His participation also highlights how innovative financing and strategic partnerships are essential to unlocking Nigeria – and Africa's – vast energy potential and securing sustainable growth. Distributed by APO Group on behalf of African Energy Chamber. About AEW: Invest in African Energies: AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit for more information about this exciting event.