Bitcoin Donation Campaign To Support Charities in Africa’s Response To COVID-19

In 2017, Paxful launched the #BuiltWithBitcoin charitable initiative to show that bitcoin can help people around the world. With the goal to build 100 schools, water wells, and community gardens for sustainable agriculture funded entirely by bitcoin, the initiative showcases the capability of charity and philanthropy within the crypto industry. They are expanding the initiative with the launch of the Africa Fund, which aims to use bitcoin donations to purchase Personal Protective Equipment (PPE), food packs, and even provide high-risk individuals with groceries and handwashing stations. With COVID-19 on the…

CIC ranks first as Cytonn MMF register highest growth in the category

CIC Asset Managers has been ranked in the first position in the total market value of the investments that the firm manages on behalf of its clients (Total Assets Under Management). This is according to the Quarterly Statistical Bulletin for the quarter ended March 2020 from Capital Markets regulator Capital Markets Authority (CMA) CMA highlighted Cytonn Money Market Fund (CMMF) as the fastest-growing Unit Trust Scheme when looking at Assets Under Management (AUM). CIC Asset Managers remains the largest overall Unit Trust Fund Manager with an AUM of Kshs 29.7 bn in…