eNaira transaction volume climbs 63% amidst cash crunch in Nigeria
The governor of the Central Bank of Nigeria attributes the increase to the government's welfare program.
CBDC
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.
‘CBDCs are potentially useful,’ says Standard Bank’s chief executive
However, he does not share the same optimism about privately generated cryptocurrencies.
Tanzania adopts a ‘cautious’ approach to CBDC following preliminary research
The Bank of Tanzania is researching CBDCs and has yet to decide if the East African country needs a digital shilling.
BIS survey finds differing motivations in African CBDC adoption
More than half of the surveyed central banks said the ability to provide cash in a digital form was the leading consideration for exploring CBDC.
Kenya’s central bank governor: ‘A lot of people have been pushing me to put our reserve in bitcoin’
Njoroge told the country's legislators during a recent induction retreat in Nairobi.
The Central Bank of Nigeria partners with Clickatell to launch an eNaira USSD channel
The CBN hopes to boost the adoption of its central bank digital currency by making it easily accessible to feature phone users. Existing data suggest that most Nigerians use feature phones.