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Africa

African countries bracing for AI adoption amid glaring challenges: report
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27 May, 2024

African countries bracing for AI adoption amid glaring challenges: report

Oxford Insights Government AI Readiness Index report measures the efforts of 193 countries in their attempts at integrating AI and...
Nigeria demanded $150M bribe from Binance: report
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17 May, 2024

Nigeria demanded $150M bribe from Binance: report

The New York Times reported on the alleged bribe, with Binance CEO Richard Teng finally breaking his silence last week...
IMF urges Nigeria to regulate digital asset exchanges
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16 May, 2024

IMF urges Nigeria to regulate digital asset exchanges

The International Monetary Fund has recommended that Nigeria impose registration or licensing requirements on global digital asset trading platforms, following...
Rwanda weighing pseudo-anonymous CBDC to underpin cashless economy
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14 May, 2024

Rwanda weighing pseudo-anonymous CBDC to underpin cashless economy

The National Bank of Rwanda published a paper examining the benefits, risks, and design principles of a token-based digital franc...
P2P digital currency ban looming in Nigeria as central bank halts fintech account opening
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8 May, 2024

P2P digital currency ban looming in Nigeria as central bank halts fintech account opening

Four leading fintech apps were directed to halt onboarding recently, and with the National Security Agency classifying digital currency as...
Nigeria’s blockchain industry banks on new digital currency friendly SEC chief
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1 May, 2024

Nigeria’s blockchain industry banks on new digital currency friendly SEC chief

President Bola Tinubu appointed former capital markets tsar Emomotimi Agama as the SEC head at a time when the Nigerian...
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