Kenya and Namibia join 10 African countries on FATF grey list
This brings the total number of African countries on FATF’s grey list to 12, accounting for approximately 57% of all grey-listed countries.
Senegal
Crypto startup Canza Finance raises $2.3 million strategic funding round
The funds were raised to support the development of the startup's decentralized finance (DeFi) solution.
Coinbase taps Yellow Card as on- and off-ramp partner for African expansion
Starting in February, Coinbase users in 20 African countries can buy USDC directly from the Coinbase Wallet App.
UfarmX wants to create blockchain-based digital ‘credit scores’ for African farmers
The US-based startup is expanding its operations into Senegal after conducting pilots in Nigeria.
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.
Nigeria received nearly $60 billion in crypto value in a year
Overall, Sub-Saharan Africa received $117.1 billion in crypto value between July 2022 and June 2023, according to data from blockchain analytics firm Chainalysis.
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.