Egypt explores BRICS membership, plans to ditch US dollar for trade with BRICS nations
The country seeks to conduct international trade in the local currencies of BRICS countries.
Sam Adeyemo
World Mobile successfully completes telecom field tests in three African countries
The system used new technology different from the one deployed in Zanzibar, where it was originally launched.
Peer-to-peer exchange Paxful welcomes new interim CEO
The exchange resumed operations some weeks ago after it shut down due to internal issues.
CAR’s parliament passes law on tokenization of its resources
Non-nationals of the country can now hold rights to the country’s mineral resources by investing in the Sango coin.
Ghana secures approval for $3 billion IMF loan facility
This comes weeks after Ghana met IMF’s condition of finalizing a zero-finance agreement with the Bank of Ghana.
DeFi lending is taking shape in Africa as Jia raises $4.3 million in funding
The platform has now gone live in Kenya and the Philippines, with sights set on West Africa, Latin America and Asia.
CBDC is not a priority, says the Central Bank of Kenya
The bank said Kenya’s payments problems could be solved by other measures besides launching a CBDC.