CBDCs, like the eNaira, are potentially risky, IMF official says
The IMF MD believes retail CBDCs may result in “unforeseeable” results for central banks.
Blockchain in Africa
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.
Zebedee and Bitnob partner to help African gamers earn bitcoin rewards
African users will be rewarded in satoshis when they play games or listen to podcasts on the gaming app. They can convert the rewards to their local currency through Bitnob.
Lagos state, Nigeria, to consider incorporating blockchain education into school curriculum
The government of Lagos — Nigeria’s bubbling tech and business hub — continues to make promises to support blockchain.