TL;DR, A $5.5B uganda cbdc pilot targets 40M users, 1M jobs, and up to $10B in exports via a USSD-enabled digital shilling. …
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TL;DR, Africa hit $25B in on-chain transactions in March as blockchain in africa accelerates low-fee, transparent remittances and access despite infrastructure gaps. Stablecoins like …
- Blockchain
Bank of Ghana Partners with University of Ghana Forging Financial Revolution From the Ground Up
In Brief Digital asset regulation anchored in research will close cross-border loopholes and standardize crypto reporting for Ghana. Resource-Based Monetary Sovereignty (RBMS) proposed, focusing …
In Brief CBDC implementation in Rwanda enters a proof-of-concept phase, focusing on offline payments, USSD access, and integration with existing systems. Selected banks, merchants, …
TL;DR, Rwandan CBDC will launch in 2026, offering financial inclusion, digital cash alternatives, and public-tested innovations to empower Rwanda’s cashless economy ambitions. Rwanda’s central bank …
TL;DR, The BRICS digital currency aims to challenge dollar dominance as USD’s share of global FX reserves dropped from 70% in 2000 to 57.8% …
TL:DR, Zimbabwe’s ZiG currency launches as physical gold-backed money, with 2.6 tonnes gold reserves backing 1.1 billion ZiG units, replacing previous digital token plans in April …
TL:DR, The CBDC vs cryptocurrency landscape in Africa shows contrasting approaches: Nigeria launched Africa’s first CBDC (eNaira) on October 1, 2021, while Central African Republic adopted …
TL;DR, Nigeria’s Central Bank introduces NFC payment technology to the eNaira CBDC app, aiming to boost adoption rates after the digital currency’s disappointing performance …
TL:DR, Central African Republic announces plans for a comprehensive crypto legal framework, appointing a 15-member committee to draft legislation for Bitcoin and Sango Coin …
