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.
Kenya
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.
Five African projects receive grants from Interledger Foundation
The projects are to build financial services products on the Interledger protocol.
Nigeria beats Kenya in Mara’s blockchain hackathon
The participants built USDC-enabled payment tools that use M-PESA and USSD as on- and off-ramp rails.
Kenya’s central bank governor: ‘A lot of people have been pushing me to put our reserve in bitcoin’
Njoroge told the country's legislators during a recent induction retreat in Nairobi.
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.