Adaverse, a Cardano ecosystem accelerator in Africa, has announced its investment in HouseAfrica, a proptech company that leverages blockchain technology to digitise and enhance land ownership in Africa. Adaverse joins other prominent investors in this funding round to aid HouseAfrica’s growth trajectory and expansion into new markets.
Adaverse is a joint venture between EMURGO Africa, and Everest Ventures Group, established in 2021 with the aim of identifying and funding promising fintech solutions in Africa that are building Web3 infrastructures to facilitate digitally-relevant development in emerging economies. One such company building impact is HouseAfrica, which offers a unique solution to address property ownership challenges in Africa. The investment will be used to expand HouseAfrica’s operations and integrate its solutions with Cardano, a third-generation blockchain, to offer a more efficient and secure means of land registration and property…
