IMF set to decide on Zambia's extended credit facility
Upon board approval for the first review of the ECF arrangement, Zambia is expected to receive $188 million from the IMF.
Sam Adeyemo
Namibia passes law to regulate cryptocurrencies despite central bank’s contrary stance
Despite the new development, the Bank of Namibia still maintains that cryptocurrencies have no legal tender status in the country.
The eNaira can now be used for remittances — CBN
The move is aimed at driving adoption and providing an alternative for Nigerians to receive remittances.
Institutes urge Ghana's government to utilize blockchain technology
The organizations advised the government to deploy blockchain technology to reduce corruption, conduct elections and reduce financial leakage.
Libyan authorities clamp down on bitcoin mines
Libyan government has attributed bitcoin mining to the frequent power cuts in the country.
Tokenization is promising but decentralized cryptos are flawed — BIS
According to the BIS, cryptocurrencies do not have the same level of trust as regular money issued by central banks.
RBZ finalizes P2P platform for gold-backed CBDC
The move is aimed at reducing the demand for US dollars and providing an alternative currency and store of value.