25 of 130 countries exploring CBDCs are in Africa — Report
Nigeria is still the only country in Africa to have launched a CBDC while others are cautiously progressing.
CBDC
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.
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.
IMF presents CBDC system to solve cross-border remittance issues
The system will not be built on public blockchain, as it is considered unsafe, costly and energy-consuming.
Morocco's central bank governor calls for caution in dealing with CBDCs
Jouahri emphasized the pressing need to thoroughly examine CBDCs.
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.