Key insights from BoG’s eCedi hackathon session
The Bank of Ghana is hosting a 12-week hackathon in partnership with EMTECH. Here's what you need to know.
Ghana
Bank of Ghana partners with EMTECH to launch eCedi hackathon
This initiative invites fintechs, developers, and innovators to develop innovative solutions that explore the versatility of the eCedi.
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.
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.