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Africa

Namibia defies IMF’s report, presses on with CBDC project
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12 March, 2025

Namibia defies IMF’s report, presses on with CBDC project

The IMF wrote a report saying Namibia doesn’t need a retail CBDC and should explore other options a month ago,...
Centi cutting remittance costs by 85% from Switzerland to Africa
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11 March, 2025

Centi cutting remittance costs by 85% from Switzerland to Africa

Centi utilizes blockchain to cut remittance costs from Switzerland to eight African countries, such as Kenya, Nigeria, and Uganda.
Morocco cracks down on crypto purchase; AI threatens polls
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5 March, 2025

Morocco cracks down on crypto purchase; AI threatens polls

Moroccans have been using ‘crypto’ to circumvent capital flight restrictions; meanwhile, experts project AI could worsen African elections in the...
Middle East, African SMEs register digital payments growth
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3 March, 2025

Middle East, African SMEs register digital payments growth

Mastercard’s latest SME report revealed that in some countries like Nigeria, 99% of SMEs accept digital payments, with the UAE...
Ghana launches CBDC; BIS says CBDCs will keep stablecoins at bay
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28 February, 2025

Ghana launches CBDC; BIS says CBDCs will keep stablecoins at bay

Ghana lags behind neighboring Nigeria in the CBDC race but says it’s ready to launch the e-Cedi this year; BIS...
Nigeria targets 75% digitalization of govt services
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27 February, 2025

Nigeria targets 75% digitalization of govt services

NITDA’s Kashifu Inuwa says Nigeria targets digitalization by 2027, with blockchain among the technologies it has explored for efficiency and...
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