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Nigeria

Kai Cenat and Corey2U side by side looking at camera
Esports

Kai Cenat addresses plans to build a school in Nigeria amid social media frenzy

by admin September 2, 2025



Kai Cenat halted Mafiathon 3 right out of the gate in order to address his plans of building a school in Nigeria. This update comes after weeks of fans pestering the social media celeb online.

Back in March 2024, Twitch superstar Kai Cenat visited Nigeria. While there, he was taken to a local school. After seeing the state of the building, with hundreds of students crammed into a single classroom, he pledged to help them however he could.

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“Whatever they tell me you guys need, we’re gonna make sure you guys have [it],” he said at the time. Upon returning to America, he then doubled down and announced plans to build an entirely new school in Nigeria.

In the year and a half since, fans of the streamer have begun to question the charitable cause. With on-stream updates few and far between, and further donations piling up, it’s become a point of contention, with viewers hounding Cenat for information at every turn.

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Now, he’s delivered. At the very beginning of Mafiathon 3, what’s intended to be a record-breaking Twitch stream, he paused the celeb-filled broadcast to address the situation and clarify progress being made.

Twitch: Kai CenatThe main reason construction hasn’t begun yet is due to complications with the land in Makoko.

Kai Cenat clarifies the status of new school in Nigeria

Two representatives working with Cenat on the project flew in from South Africa and Nigeria, Fanny Moral and Chinedum Umeche respectively, to help provide an update. These partners are from Banwo & Ighodalo, along with Enko Education.

Crucially, the group stressed how “it’s impossible” to build a new school from the ground up in under two years. At least, that’s if they want it done right. Ultimately, they want this school “to last for a long time,” as Cenat stressed. “Beyond me, beyond streaming.”

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“From land purchase and approvals to construction, staffing, and curriculum,” there’s a great deal involved, as an accompanying slideshow conveyed.

The first factor listed there has been the main reason for delays, they explained, as due to the “topography, it’s difficult to build a school in that community.”

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Specifically, Cenat visited Makoko, which has been described as the “Venice of Africa,” due to its position amid streams of open water. As such, the team has decided to move the project to Yaba, Lagos, which is located “next to Makoko.”

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When established, students from Makoko will still receive free education, while students travelling from other areas will pay.

Kai Cenat brought officials from Nigeria and South Africa to explain why the school hasn’t been built yet 👀

The Reasons:
– Finding Land
– Buy the Land
– Authorization from the Government
– Build the School
– Hiring Employees
– Gaining Accreditation pic.twitter.com/bXrcxo6932

— ryan 🤿 (@scubaryan_) September 2, 2025

As part of the Mafiathon 3 stream, Cenat announced that 15% of revenue from the broadcast will again be helping build the school in Nigeria. If he achieves his plan of reaching 1 million Twitch subscribers, that will provide roughly $750,000 USD for the project, without factoring in higher-tier subs.

To continue providing full transparency moving forward, the group has established the Kai Cenat Foundation Inc. This is a public charity, which ensures all funds are accounted for and that no individual involved can personally profit. We’ve all seen how it’s worked out in the past for those who haven’t disclosed where charity money is going.

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Today, the account has a balance of $1,134,453 USD. Cenat himself personally donated $128,579 USD in order to supply the current school with computers while the project gets underway.

Twitch: Kai CenatCenat revealed how funds are being spent through his charity.

All up, the charity is seeking $5 million in total investment to “get us to the first day of class,” Cenat explained. “That’s what we’re aiming for.”





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September 2, 2025 0 comments
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Nigeria Tops Africa In Stablecoin Transactions At $22B
GameFi Guides

Nigeria Tops Africa in Stablecoin Transactions at $22B

by admin September 1, 2025



between July 2023 and June 2024. This makes Nigeria the biggest stablecoin market in sub-Saharan Africa, according to a new report by Yellow Card. 

As per the report, almost half of all crypto activity in the region—43%, now comes from stablecoins. Besides, other countries such as South Africa, Kenya, Ethiopia, Ghana, Uganda, and Zambia are experiencing rising adoption. South Africa posted 50% monthly growth since October 2023, showing demand for stability amid volatile currencies.

Growth Drivers Across Africa

Stablecoins are taking the lead over Bitcoin as the go-to digital asset in Africa. According to Yellow Card, 99% of their transactions now involve stablecoins. USDT is at the front, holding an 88.5% market share, while USDC comes in second at 9.9%. 

The report also reveals that 70% of users turn to stablecoins for personal purposes like saving and sending money home, while the other 30% use them for business transactions. Sharon Tum, Yellow Card’s Regional Manager for East Africa, provided a better explanation of this trend.

She said, “Stablecoin adoption is accelerating among businesses for three clear reasons: faster cross-border settlements, reduced FX costs, and hedging against currency volatility.”

Consequently, integration with existing systems has boosted adoption in Kenya. Peter Mwangi, Yellow Card’s Kenya Country Manager, pointed to mobile money. “The country’s strong mobile money infrastructure, especially M-Pesa, allows for easy stablecoin integration,” he said.

Local Innovation and Regulation

Nigeria is also exploring homegrown stablecoin options. Roqqu recently listed the compliant Naira (cNGN), pegged 1:1 to the local currency, according to a report by Techcabal. Other exchanges like Busha and Quidax are already on board with the token. 

Emmanuel Peter from Roqqu highlighted the grassroots adoption, stating, “A currency isn’t truly a currency unless the people embrace it.” 

Meanwhile, regulators are getting involved with well-structured programs. Nigeria’s SEC recently teamed up with Kenya’s School of Government, Busha, and Cambridge to roll out a digital assets course. 

SEC Director General Emomotimi Agama noted that the purpose of this initiative is to prepare leaders so that they can manage assets “with assurance instead of precaution.” 

Across the continent, economies face the challenges of slow payments, high remittance charges, and the lack of proper currency protection. Africa is now looking toward stablecoins to help solve these issues.

Also Read: UAE’s RAK Properties To Accepts Crypto for Real Estate Purchases



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September 1, 2025 0 comments
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