A survey of the continent’s central banks indicates that there is optimism about greater efficiency and inclusion. However, several drawbacks remain. Nigeria already has an operational retail CBDC. Mobile money ...
Celo, a US accelerator firm, has introduced a support program for African startups in remittances, payments, savings, virtual assets, and related financial services. Referred to as Celo Africa Web3 Fund, ...
Gesture declared at Copenhagen sustainability summit gained praise – and some cries of ‘greenwashing’ Chinese fashion giant Shein might be the firm least likely to gain applause at an international ...
Zimbabwe's Minister of Information has publicly dismissed continuing rumors that the African nation might be considering the adoption of Bitcoin (BTC) and cryptos. Instead, Minister Monica Mutsvangwa insisted that the ...
The Central Bank of Nigeria has confirmed that it will start the pilot of its central bank digital currency (CBDC) that is designed to run on the Hyperledger Fabric blockchain ...
Tanzanian head of state, Samia Suluhu Hassan, now wants her country’s central bank to start exploring Bitcoin and other digital assets. Tanzania is now the latest developing economy poised to ...
The latest reports indicate that the Bank of Ghana (BoG) is allegedly moving towards the introduction of a central bank digital currency (CBDC) pilot test. The country is working to ...
2020 has seen a massive explosion in African crypto adoption. This development has, in turn, prompted fears of a heavy-handed regulatory response. The year has seen an acceleration in African ...
Since its inception, Bitcoin has penetrated almost all parts of the world including Africa. Although Africa is yet to embrace the nascent industry, various proponents like Jack Dorsey believe that ...
For the entire time when Bitcoin has been in existence, there is not much that has happened in Africa. Through the ups and downs of the flagship crypto, Africa seemed ...
