In Africa crypto news this week: South African finance firm Altvest Capital is set to raise $210 million to create a Bitcoin reserve treasury for its investors. Altvest is following global trends, set in motion by MicroStrategy and MetaPlanet, in adding Bitcoin to its balance sheet.
In the same market, Binance has partnered with the payment platform Zapper to scale merchant payments in South Africa. Binance is a leading crypto exchange, and expanding its presence in Africa is key. From this week, over 30,000 more merchants began accepting Binance Pay through Zapper’s rail.
Meanwhile, Luno Exchange has expanded its tokenized stock options to the Nigerian market. With Nasdaq planning to bring stocks onchain, Luno is strategic and wants to address people’s needs by allowing them to invest in top global companies with a simple press of a button.
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Let’s look at these stories making continental headlines this week:
South Africa Crypto News: Altvest To Raise $210M For Bitcoin
Finance firm Altvest Capital is set to raise $210M to buy 
BTC ▼-0.45%. The company looks to build a Bitcoin treasury reserve to leverage the increasingly valuable asset in its portfolio.
Bitcoin has appreciated tremendously in the past decade and currently trades above $112,000. Altvest intends to change its name to African Bitcoin Corp and become a continental leader in Bitcoin investments.
CEO Warren Wheatley said the move is strategic since “pension funds, retirement annuities, unit trusts and others usually cannot directly buy Bitcoin…..but by buying our shares they will now be able to get exposure in a regulated way through equity.”
In the United States, MicroStrategy was the first notable company to create a Bitcoin reserve, and today, it manages a billion-dollar Bitcoin portfolio.
Altvest Capital seeks to replicate this success on a continental level as Bitcoin becomes increasingly ingrained into the financial mainstream.
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Nigeria Crypto News: Luno expands tokenized stocks to Nigeria
South African crypto exchange Luno has expanded its tokenized stock options to the Nigerian market. The firm launched its products in the South African market a few weeks ago and has now expanded to the continent’s most populous nation.
Their tokenized stocks track some of the leading stocks globally. These stocks include Tesla, Nvidia, and more blue-chip stocks that are the gold standard for equity markets.
61 US stocks and ETFs are now live on Luno in Nigeria
The wait is over. You can now buy, sell, and store tokenised US stocks and ETFs with Luno – right alongside your crypto.
Invest in top global companies like Apple, Tesla, and S&P 500
— Luno (@LunoGlobal) September 8, 2025
Luno Nigeria CEO Ayotunde Alabi said this provision addresses a “real need by letting people invest in top global companies easily, something previously out of reach due to high costs and complex procedures.”
Ultimately, Luno aims to create a comprehensive digital investment ecosystem that promotes financial inclusion and empowers ordinary investors. To do this, tokenization will be at the forefront since it enables “someone with just a few thousand naira to gain exposure to global stocks, which was impossible before.”
Crypto users can now gain exposure to these stocks in a regulated environment and get the best of both worlds.
For Luno, this is a chance to position itself as an effective bridge between traditional finance markets and the crypto sector.
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Africa Crypto News: Binance Partners With Zapper For Quick Merchant Payments
Global exchange Binance is partnering with Zapper to unlock merchant payments for approximately 30,000 users.
This integration will be possible on the Binance Pay app, which enables crypto transactions for users and payments at partner merchant service providers.
(Source: Binance)
Zapper has a network of local merchants who can now receive payments through Binance Pay.
𝟮/ 𝗥𝗲𝘁𝗮𝗶𝗹 𝘁𝗼 𝗗𝗶𝗻𝗶𝗻𝗴
With Binance Pay + Zapper, you can shop, eat, travel, or even grab your morning coffee all with crypto.
That means crypto is no longer just an investment, it’s a way to pay for your lifestyle. pic.twitter.com/2AHmr03rdE
— David (TalkingCents) (@talkcentss) September 11, 2025
Merchant payments are lucrative in South Africa as it is a leader in crypto payments continent-wide.
Zapper has processed over 300 million transactions to date, and Binance intends to leverage this market insight to grow its payments service in this vital market.
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Africa crypto news: Altvest Bitcoin, Luno Stocks Nigeria
- Africa crypto news: Binance Pay partners with Zapper
- South Africa crypto news: Altvest Capital to raise $210M for buying Bitcoin
- Nigeria crypto news: Luno crypto exchange tokenizes top global stocks
The post Africa Crypto News Week in Review: Altvest Raises $210M To Buy Bitcoin, Luno Tokenized Stocks In Nigeria, Binance Partners With Zapper appeared first on 99Bitcoins.
