Bitcoin-powered remittances from Europe to African bank accounts are now possible
African cryptocurrency company Bitnob has partnered with European exchange CoinCorner to facilitate remittances over the Lightning Network.
Ghana
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.
October 2022 inflation report: Consumer prices are rising at a slower pace in many African countries
Zimbabwe’s inflation has slowed for the second consecutive month as East African countries report double-digit rates.
September 2022 inflation report: Food prices have become Africa’s main inflation driver
At least 16 countries on the continent reported inflation rates higher than 10% in Sept. Zimbabwe's inflation rate slowed from 285% in Aug. to 280.4% in Sept.
Lightning Network is being used to receive payments for Africa Bitcoin Conference
The tickets can be bought digitally on the official ABC website.
August inflation watch: High food prices plague African countries
Zimbabwe continues to experience hyperinflation while other countries on the continent struggle to rein in rising consumer prices.
July inflation watch: African countries continue to grapple with high inflation
At least 15 African countries reported inflation rates of over 10%. Zimbabwe continues to experience hyperinflation.