Kenyan shilling slumps to a record low of 150 to dollar
According to the CBK Governor, Kamau Thugge, the shilling has been overvalued for several years.
News
IMF reaches staff-level agreement to disburse over $200 million to Senegal
The financial arrangement is set to last 36 months under the Extended Fund Facility and Extended Credit Facility of over $1.5 billion.
DLM Trust terminates escrow trustee agreement with Patricia, citing breach of terms
Patricia had announced that DLM Trust had entered a partnership with it, a claim the company has refuted.
Nigeria is expecting $10 billion forex liquidity ‘within weeks,’ finance minister says
The naira has been on a free fall due to foreign exchange shortfalls. The government is looking to fill the gap with the expected inflow.
Worldcoin starts paying its orb operators in WLD instead of USDC
The company expects all of its operators to be paid exclusively in WLD in November.
Blockchain gaming sees $2.3 billion in investment
However, this figure represents a 30% decrease from the $3.3 billion raised in 2022.
🟠 Africa gets its first crypto card issuer
Plus:
🇿🇦 | Visa partners with VALR to issue cards in South Africa
🇿🇦 | Blockchain offers Africa opportunities for environmental, social, and governance development – Standard Bank