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Africa

Nigeria’s 10% digital asset tax gets mixed reactions
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16 June, 2023

Nigeria’s 10% digital asset tax gets mixed reactions

Some say the tax is an endorsement and legal recognition by the Nigerian government, but others say the tax is...
CBDC not a priority for Kenya, central bank says
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9 June, 2023

CBDC not a priority for Kenya, central bank says

The bank issued a discussion paper a year ago, and after assessing the feedback, it says Kenya can solve its...
Revolutionizing remittances: Centi and Centbee partner to empower African diaspora with affordable blockchain-based transfers
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1 June, 2023

Revolutionizing remittances: Centi and Centbee partner to empower African diaspora with affordable blockchain-based transfers

The latest partnership between Centi and digital cash wallet Centbee seeks to make remittance services from Switzerland to Africa more...
Zimbabwe defies IMF, sells $40 million worth of gold-backed digital tokens
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20 May, 2023

Zimbabwe defies IMF, sells $40 million worth of gold-backed digital tokens

Zimbabwe’s tokens are backed by 140 kilograms of gold, the central bank says, revealing it’s preparing for a second round...
M-Pesa breaks into Ethiopia where digital currencies have been declared illegal
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15 May, 2023

M-Pesa breaks into Ethiopia where digital currencies have been declared illegal

Mobile money service M-Pesa becomes the first service to challenge the state-backed Telebirr in mobile money, even as Bitcoin remains...
Zimbabwe’s central bank launches gold-backed digital currency
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12 May, 2023

Zimbabwe’s central bank launches gold-backed digital currency

The core feature of Zimbabwe's new gold-backed tokens is its fractionalization, allowing individual investors to buy tokens for as low...
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