Ghana records economic growth upon adoption of IMF-supported reform program
The BoG Governor said the country’s economy grew by 3.2% in the second quarter, surpassing the 1.5% growth target set in the IMF program.
Ghana
Nigeria received nearly $60 billion in crypto value in a year
Overall, Sub-Saharan Africa received $117.1 billion in crypto value between July 2022 and June 2023, according to data from blockchain analytics firm Chainalysis.
Btrust, cofounded by Jack Dorsey and Jay Z, acquires African Bitcoin talent development firm Qala
The acquisition will see Qala rebrand as Btrust Builders with a new focus on providing training in open-source Bitcoin software development.
EMTECH secures $4 million seed investment
EMTECH currently works with six central banks, including Nigeria and Ghana, and is looking to expand into four more African countries.
Egypt launches new ‘high interest’ dollar savings certificate
These certificates are valid for three years and available to Egyptian nationals or foreigners with a minimum deposit of $1000.
Central Bank of Nigeria upgrades eNaira with NFC feature
A deputy director with the bank said the CBN has introduced Near Field Communication (NFC) technology to enable contactless payments with the eNaira.
‘Cryptocurrency ban still in effect’ Ghana’s finance ministry
All financial institutions in the country have received fresh instructions to refrain from engaging in crypto-related activities.