African central banks discuss CBDCs for cross-border payment
Thirteen central banks met in Kenya recently to discuss the impact of CBDCs on cross-border payments while still ensuring AML and CFT standards are adhered to.
Latest Africa News
Chris Light: Introducing RFIDs for cows. Ear-tagging MOOve over!
E-Livestock Global is offering a blockchain solution for such customers that makes use of an RFID system to trace cows’ histories, enabling buyers to learn about a cow’s health records, among others.
Ahmed Yousif at Digital Nigeria: It’s time to build our own
In his presentation, Ahmed Yousif talked about the role of blockchain in government and smart cities, calling on young Nigerians to build their own on the blockchain.
Lorien Gamaroff: Bitcoin will power Africa’s digital payments transformation
The Centbee co-founder talked about how BSV’s instant transactions and low fees allow any African to easily send money across the world at Digital Nigeria.
It’s time for Africa: Domineum Blockchain Day at Digital Nigeria International Conference
From Jimmy Nguyen to Lorien Gamaroff and Ahmed Youssif, BSV blockchain was well represented at the Digital Nigeria event, and the message was clear—it’s time for Africa.
Nigeria resorts to auto rickshaws to drive eNaira adoption
The lack of clarity on CBDCs and virtual currencies among Nigerians led to a slump in eNaira adoption rates, forcing the central bank to offer transport incentives to drive up adoption.
South Africa declares digital assets to be financial products
The Financial Sector Conduct Authority now classifies digital assets as digital representations of value built on DLT, the first step towards bringing digital currencies under the country’s laws.
Domineum’s Mohammed Jega on CoinGeek Backstage: We’re taking Bitcoin SV to the grassroots in Africa
Mohammed Ibrahim Jega has spearheaded BSV efforts in West Africa, including by setting up a lab in Nigeria to foster bold ideas and assembling 1,000 devs to teach them about BSV.
eLivestock Global works with nChain to deliver blockchain-based cattle treatment and tracking solution to support farmers in Africa
The solution that the AgriTech start-up has created gives a unique digital ‘passport’ for each animal, confidentially embedding data about ownership, vaccinations, and movements.
Middle East, North Africa record the highest growth in virtual assets adoption in 2022: Chainalysis
The MENA region processed digital asset trade worth nearly $600 million in a 12-month window, according to a Chainalysis report.
Bitcoin beyond speculation: Mohammed Jega talks pushing BSV in Africa
Off a successful inaugural Blockchain Developers Summit, Mohammed Ibrahim Jega tells CoinGeek that Domineum will be anchoring the Nigerian government’s Blockchain Day in October.
Ghana’s central bank backs CBDCs for financial inclusion
In a recent interview, the head of fintech at the Bank of Ghana backed state bank-backed digital currencies, saying that data generated by CBDC transactions optimizes credit opportunities.