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.
Blockchain in Africa
Why Jack Dorsey’s $30 billion empire is betting big on Africa
During Block's most recent earnings call, CEO Jack Dorsey listed the Global South, which includes Africa, as one of the three trends the company is “focused on.”
CBDCs, like the eNaira, are potentially risky, IMF official says
The IMF MD believes retail CBDCs may result in “unforeseeable” results for central banks.
Nigeria approves national blockchain adoption policy over two years after initial draft
The approval means blockchain technology can now be institutionalized into the Nigerian economy and security sectors.
Kenya plans to tax cryptocurrency exchanges despite the central bank’s unfriendly stance
Crypto exchanges in Kenya will soon be mandated to pay a 1.5% duty on every commission received by Kenyans.
Can blockchain solve Africa’s worsening housing shortage? This startup thinks so
Blockchain company Empowa has used NFTs as a fundraising vehicle to grow Mozambique’s home loan market by 5%. It is now looking to expand across Africa.
Adaverse leads fundraiser for blockchain-based FMCG authentication startup
The startup, Chekkit, provides end-to-end monitoring and tracking of pharmaceutical products. The fresh capital will be used for expansion and hiring for senior roles.