BIS survey finds differing motivations in African CBDC adoption
More than half of the surveyed central banks said the ability to provide cash in a digital form was the leading consideration for exploring CBDC.
Ogechi Nelson
Nigeria SEC to avoid cryptocurrencies in the push for digital assets
The commission will not consider cryptocurrencies despite the interest of a large percentage of citizens.
October 2022 inflation report: Consumer prices are rising at a slower pace in many African countries
Zimbabwe’s inflation has slowed for the second consecutive month as East African countries report double-digit rates.
September 2022 inflation report: Food prices have become Africa’s main inflation driver
At least 16 countries on the continent reported inflation rates higher than 10% in Sept. Zimbabwe's inflation rate slowed from 285% in Aug. to 280.4% in Sept.
FTX contagion spreads to Africa as Web3 venture studio Nestcoin announces exposure to the failed exchange
The CEO says a significant portion of the company’s assets are held at FTX and will now have to lay off some employees.
FTX collapse: A timeline of events as they unfold
Documentation of the events around the failure of the cryptocurrency exchange FTX.
Bankman-Fried reportedly used billions in FTX funds to bail Alameda Research
This follows previous reports that FTX trades with users' funds.