Expanding business to another market where key partner SPENN Technology is operational, JengaX is ramping up operations in Zambia.

“The climate for cryptocurrency in Zambia is favorable. We have great expectations for our entry in a country where SPENN already enjoys a strong position,” says Vegard Svalebjørg, CEO of JengaX.

Entry into Zambia will build on operations in Rwanda, which are currently put on hold while the government is adjusting its regulatory landscape related to crypto.

“Although this process will delay the roll-out of activities and services in Rwanda, we are confident that JengaX will have a great advantage from a regulatory framework. Meanwhile, we will focus our energy on Zambia, where we expect to go through with a soft launch within a few weeks,” says Svalebjørg.