Bitcoin fraud suspect denied bail in Zimbabwe
The suspect allegedly duped an eye specialist of $457,000 worth of cryptocurrency between October 2021 and March this year.
Ogechi Nelson
Bank of Tanzania admits to dollar shortages but claims it's not a crisis
Foreign exchange reserves had decreased to $4.9 billion by May 2023 from $5.5 billion in May 2022.
Mara partners NITDA to train government workers on blockchain technology amidst layoff controversy
The firm has conducted two rounds of layoffs within a span of six months, sparking concerns.
Peer-to-peer exchange Paxful welcomes new interim CEO
The exchange resumed operations some weeks ago after it shut down due to internal issues.
World Mobile launches commercial network in East Africa
The new feature allows Zanzibaris to enjoy mobile data that is 50% cheaper than the national average.
Sub-Saharan African currencies have plunged 8% in one year amidst soaring public debts and global uncertainties: IMF
The depreciation has contributed to rising inflation in the region. Notably, inflationary pressures do not decline when local currencies strengthen against the US dollar, IMF says.
Busha launches crypto payment service despite category headwind
Busha Commerce’s timing stands out, given the recent trends around African crypto payment companies.