Ethiopia gets $350 million World Bank financing for its digital ID project
$50 million comes as a grant from the World Bank’s International Development Association.
Sam Adeyemo
Nestcoin-owned Onboard expands crypto exchange services into Kenya
The crypto company wants to expand into other markets in the Global South.
Egypt plans to launch its CBDC in 2030
Presently, the country wants to work on improving its economy and increasing financial inclusion.
Severely devalued naira expected to perform at poorest ever in 2024 — Bloomberg
The naira was one of the worst-performing currencies in 2024, and experts see the trend continuing in 2024.
IMF calls for stricter rules for “risky” and “poorly-backed” crypto
The international organization has instead encouraged blockchain adoption in traditional financial systems.
Angola’s parliament passes law to regulate digital assets and crypto-mining
The five-part law protects the country’s monetary policy and energy infrastructure, per an official.
Ghana’s SEC sets up committee on crypto regulations
The SEC’s Director-General said that the Commission formed the task force to help it develop the capacity to regulate crypto assets.