DeFi lending is taking shape in Africa as Jia raises $4.3 million in funding
The platform has now gone live in Kenya and the Philippines, with sights set on West Africa, Latin America and Asia.
Kenya
CBDC is not a priority, says the Central Bank of Kenya
The bank said Kenya’s payments problems could be solved by other measures besides launching a CBDC.
Q&A: Blockchain Association of Kenya offers a breakdown of proposed tax bills
Kenya has proposed at least three crypto-related tax bills over the past year — two since April 2023. Here’s what these proposals mean for you.
Why Jack Dorsey’s $30 billion empire is betting big on Africa
During Block's most recent earnings call, CEO Jack Dorsey listed the Global South, which includes Africa, as one of the three trends the company is “focused on.”
P2P bitcoin platform Paxful resumes operations after month-long hiatus
The platform initially suspended its marketplace due to concerns over regulations and internal instabilities.
Inflation in Africa: Latest data shows worsening figures across the board
Figures show 50% of countries with available data experienced an increase in consumer prices in March.
CBDCs, like the eNaira, are potentially risky, IMF official says
The IMF MD believes retail CBDCs may result in “unforeseeable” results for central banks.