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.
Nigeria shows the highest crypto interest in Africa — CoinGecko study Nigeria was previously ranked as the most crypto-curious country in the world.
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.