Kenya has ranked first in the world for P2P volume for the second year in a row and fifth for adoption – local traders and startup founders share their views.
Kaspersky found that investors in Rwanda and Ethiopia have the highest ratio of targeted attacks at over 3%, with Nigeria and Kenya also ranking highly.
The Bank of Ghana recently announced that it had partnered with a German firm for the design and implementation of the digital cedi.
There are gaping holes in Africa’s response to the deadly virus, and according to Kayode Babarinde, the executive director of the Africa Blockchain Institute, blockchain could be the solution.
On this episode of The Bitcoin Bridge, Domineum founder Mohammed Ibrahim Jega talks about the issues and opportunities in Africa and how the blockchain-as-a-service firm plans to tackle them.
Dr. Mahamudu Bawumia stated that adopting a single central payment would finally rectify the challenges that stifle cross-border trade in the region.
The central bank has been working on Project GIANT since 2017, conducting research on the opportunities and risks it poses to the Nigerian economy, which is the largest in Africa.
Justus Abonyo, a nominee for Kenya’s electoral commission, says blockchain-based voting would bring down the cost of elections by over 90%.
The country’s central bank is reportedly working on new directives for digital currencies following a recent push by the president to “keep up with the times” and look into digital currencies.
At the CoinGeek Conference in Zurich, a panel of experts delved into the challenges that blockchain can solve and how they are applying the technology to offer critical services in Africa.
President Samia Suluhu Hassan highlighted the growing role for digital assets in global finance, suggesting there may be a role for digital currency in developing Tanzania’s economy.