Tanzania ‘Cautious’ On CBDC Adoption After Preliminary Research
The Bank of Tanzania is now waiting for the conclusion of its research into CBDCs before making a final decision on adoption of the digital currency. Tanzania’s central bank states ...
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Tag: Tanzania
Battery Swapping Propels Kenya’s Electric Motorbike Drive
Summary Electric motorbike startups making inroads in Kenya Say battery swapping saves motorcyclists time, money Planning to branch out model to Tanzania, Uganda Over recent months, sets of sturdy, brightly-branded ...
Deutsche Bank Not Funding Contentious African Oil Pipeline
Deutsche Bank (DBKGn.DE) is not funding a pipeline in Africa that environmental campaigners have said will displace thousands of families and disturb nature reserves, a person familiar with the matter ...
Tanzanian Instant Payment Platform Set For Launch In February 2022
The latest reports from the Citizen state that the Bank of Tanzania (BoT) is expecting to launch its new payments network known as the Tanzania Instant Payment System (TIPS) in ...
Cryptocurrency Adoption In Africa Increases By 1,200% In 2021 -Chainalysis
Data findings from Chainalysis confirm that crypto adoption across African nations has exponentially surged, with the growth rate now exceeding 1,200% on year-to-date (YTD). According to the Chainalysis blockchain data ...
Nigerian Secondary School Set To Accept Crypto Payments
One private secondary school that is based near Nigeria’s Kano city has said that it will be accepting crypto payments for school fees. The announcement comes amid the nation’s central ...
Tanzanian President Urged Central Bank To Start Exploring Digital Assets
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 ...