{"id":58722,"date":"2025-11-16T10:16:51","date_gmt":"2025-11-16T10:16:51","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=58722"},"modified":"2025-11-16T10:16:51","modified_gmt":"2025-11-16T10:16:51","slug":"africa-crypto-news-week-in-review-discovery-partners-with-luno-obiex-profits-in-nigeria-gfx-and-libeara-to-power-bond-tokenization-in-ghana","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=58722","title":{"rendered":"Africa Crypto News Week in Review:\u00a0Discovery Partners with Luno, Obiex Profits in Nigeria, GFX and Libeara To Power Bond Tokenization in Ghana"},"content":{"rendered":"<div>\n<p><span data-preserver-spaces=\"true\">In Africa crypto news this week, Discovery Bank partners with crypto exchange Luno. This will allow users to trade directly on their banking app.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In Nigeria, exchange startup Obiex has reportedly entered profitable territory after a bootstrapping and focus restructuring exercise.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Meanwhile, in Ghana, GFX, a brokerage firm, is partnering with the Singaporean tokenization platform Libeara to enable the tokenization of government bonds.<\/span><\/p>\n<p><iframe loading=\"lazy\" title=\"Fintech Worldcup Pitch | Libeara\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/L2ec6ViyVbI?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER: <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">20+ Next Crypto to Explode in 2025<\/span><\/a><\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">So, let\u2019s look at these stories making continental headlines this week:<\/span><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">South Africa Crypto News:\u00a0 Discovery Bank Partners with Luno<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">Discovery Bank is set to become the first major lender in South Africa to enable its users to trade cryptocurrency directly from its banking app. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The bank will <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.reuters.com\/world\/africa\/discovery-partners-with-luno-offer-first-bank-app-crypto-trading-south-africa-2025-11-13\/\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">partner<\/span><\/a><span data-preserver-spaces=\"true\"> with cryptocurrency exchange Luno, ensuring that Luno users can trade crypto directly on their mobile app starting from December.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Discovery CEO Hylton Kallner noted that the financial world is evolving fast and that some of the <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-crypto-to-buy\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">best cryptos to buy<\/span><\/a><span data-preserver-spaces=\"true\"> have matured. As such, they should be accessible to the mainstream.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cThe financial world is evolving fast, and crypto assets have matured to become an accessible, mainstream asset class\u2026.Our clients \u2013 and South Africans more generally \u2013 are already engaged in this market, with 1 in 10 people holding crypto assets, and our regulation leading in the region and aligning with global norms.\u201d<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The digital lender launched in 2021 and has only recently moved into profitable territory. Onboarding crypto users aligns with Discovery\u2019s strategy, and the bank hopes it will be a mutually beneficial arrangement for both parties.\u00a0<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER: <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-meme-coins\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">9+ Best Memecoin to Buy in 2025<\/span><\/a><\/strong><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">Nigeria Crypto News:\u00a0 Obiex Hits Profitability after Bootstrapping\u00a0<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">Crypto exchange Obiex has <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/businessday.ng\/technology\/article\/obiex-hits-profitability-after-bootstrapped-operations\/\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">reportedly<\/span><\/a><span data-preserver-spaces=\"true\"> hit profitability after bootstrapping and restructuring to focus on high-volume retail customers.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">CEO Ikechukwu Okeke claimed that the startup has been \u201cprofitable from day one and has consistently reinvested its earnings back into the business.\u201d<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Less than 7% of the global population owns crypto. Let that sink in for a second. You&#8217;re literally in a group smaller than the percentage of people who are left-handed. That means you&#8217;re genuinely early to something potentially transformative. <a href=\"https:\/\/t.co\/A3vRG4e1yC\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/A3vRG4e1yC<\/a><\/p>\n<p>\u2014 ObiexHQ \u2013 Buy &amp; Sell Crypto (@ObiexHQ) <a href=\"https:\/\/twitter.com\/ObiexHQ\/status\/1986758255553503676?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">November 7, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">Interestingly, the exchange claims that swap volumes have crossed the $800M mark in 2025, with total processed transaction volumes in the billions.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Obiex has done great to get this far. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Navigating the Nigerian market, which has an evolving regulatory landscape and the need to prove consistently and reliably in a market riddled with unreliable startups.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER: <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-100x-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">10+ Next Crypto to 100X In 2025<\/span><\/a><\/strong><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">Ghana Crypto News: GFX Collaborates With Libeara for Bond Tokenization\u00a0<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">Ghanaian brokerage GFX is <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/gna.org.gh\/2025\/11\/gfx-leads-african-financial-inclusion-drive-by-tokenising-government-bonds\/\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">joining hands<\/span><\/a><span data-preserver-spaces=\"true\"> with Libeara, a tokenization platform, to move government-issued financial instruments and investments onchain. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Importantly, Libeara operates from Singapore, and the announcement came at the Singapore FinTech Festival this week.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/libeara_?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">@libeara_<\/a> is partnering with Ghana-based brokerage firm GFX to explore the tokenisation of government-issued financial instruments using our regulated tokenisation infrastructure \u2014 which today supports over US$1B in on-chain real-world assets. <a href=\"https:\/\/t.co\/M8XRmB6FtZ\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/M8XRmB6FtZ<\/a><\/p>\n<p>\u2014 Libeara (@libeara_) <a href=\"https:\/\/twitter.com\/libeara_\/status\/1989187493619724729?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">November 14, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">Government bonds are generally out of reach for most Ghanaians. The requirements, ranging from minimum investment thresholds to awareness of bond issues, mean that these instruments are primarily out of reach for most investors.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Notably, this partnership aims to represent government bonds as digital tokens. It will facilitate automated settlement and compliance. Such ideas cut the bureaucratic bottlenecks of traditional banking and open government instruments to the general public, some of whom are holders of the <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">next 1000X cryptos<\/span><\/a><span data-preserver-spaces=\"true\">.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">GFX is preparing for new regulations by Ghana\u2019s Central Bank, which will bring further clarity to the regulatory landscape. These regulations will be crucial in understanding the rules relating to such tokenization.\u00a0<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER: <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-cryptocurrency\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">Best New Cryptocurrencies to Invest in 2025<\/span><\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Africa Crypto News: GFX Libeara, Obiex Profits, Luno Discovery Bank<\/h2>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">Ghana crypto news: GFX and Libeara are partnering.<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">Nigeria crypto news: Obiex is now profitable.<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">South Africa crypto news: Discovery Bank and Luno collaborating.<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/africa-crypto-news-week-in-review-discovery-partners-with-luno-obiex-profits-in-nigeria-gfx-and-libeara-to-power-bond-tokenization-in-ghana\/\">Africa Crypto News Week in Review:\u00a0Discovery Partners with Luno, Obiex Profits in Nigeria, GFX and Libeara To Power Bond Tokenization in Ghana<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In Africa crypto news this week, Discovery Bank partners with crypto exchange Luno. This will allow users to trade directly on their banking app. In Nigeria, exchange startup Obiex has reportedly entered profitable territory after a bootstrapping and focus restructuring exercise.\u00a0 Meanwhile, in Ghana, GFX, a brokerage firm, is partnering with the Singaporean tokenization platform [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-58722","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/58722","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=58722"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/58722\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=58722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=58722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=58722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}