Update 3 of 7

Daya raises $2.4M and Nigeria pushes non-dollar African trade settlement
Nigeria has articulated a formal policy position seeking to settle African trade without dollar conversions, providing sovereign-level demand validation for stablecoin and multi-currency cross-border payment infrastructure. Return founder Tomiwa Lasebikan has simultaneously raised $2.4 million for stablecoin startup Daya, targeting African cross-border payment rails. Together the policy signal and the funding event reinforce the structural investment case for non-dollar African payment infrastructure.
2 sources
- Nigeria wants African trade settled without dollar conversions · techpoint.africa · T1
- Return founder, Tomiwa Lasebikan, raises $2.4 million for stablecoin startup Daya · thecondia.com · T2