Pan-African bank Absa wants to digitize trade finance with blockchain
The bank will be able to adopt a digital process for issuing letters of credit
Sam Adeyemo
Central African Republic to review law that makes bitcoin a legal tender: President Touadera
He said his country has no intention to leave the Economic and Monetary Community of Central Africa (CEMAC) and will therefore not go against its rules.
Cardano-focused Adaverse invests in Cameroon-based crypto company Ejara
The platform helps French-speaking Africans access crypto saving, investment and cross-border payments.
Reserve Bank of Zimbabwe says CBDC project is progressing ‘steadily’
Its call for public opinion on the project had received 2,286 responses as of January 2023.
Nigeria launches a $618million fund for the tech and creative sectors
The fund was launched in collaboration with the African Development Bank and other private sector stakeholders.
‘CBDCs are potentially useful,’ says Standard Bank’s chief executive
However, he does not share the same optimism about privately generated cryptocurrencies.
Cryptocurrency scam ring busted in Egypt
The scammers had reportedly netted about $620,000 from investors