Mauritius plans to pilot a CBDC before the end of 2023
The country’s central bank says it is considering rolling out the digital rupee pilot phase as soon as November — after a sandboxing exercise
Ogechi Nelson
Inflation in Africa: Latest data shows worsening figures across the board
Figures show 50% of countries with available data experienced an increase in consumer prices in March.
CBDCs, like the eNaira, are potentially risky, IMF official says
The IMF MD believes retail CBDCs may result in “unforeseeable” results for central banks.
Nigeria approves national blockchain adoption policy over two years after initial draft
The approval means blockchain technology can now be institutionalized into the Nigerian economy and security sectors.
Nigeria’s SEC is willing to license asset-backed tokens but not crypto
The Nigerian Securities and Exchange Commission's continued decision to exclude crypto assets casts shadows on hopes that the CBN might change its stance on crypto anytime soon.
Kenya plans to tax cryptocurrency exchanges despite the central bank’s unfriendly stance
Crypto exchanges in Kenya will soon be mandated to pay a 1.5% duty on every commission received by Kenyans.
Why the Nigeria-China currency swap deal has failed to stabilize the naira
The deal was to reduce the demand for U.S. dollars and strengthen the value of the naira.