CBDCs, like the eNaira, are potentially risky, IMF official says
The IMF MD believes retail CBDCs may result in “unforeseeable” results for central banks.
South Africa
South Africa-based USSD bitcoin transfer service launches in Ghana
The service will allow Ghanaian users without internet access to send and receive bitcoin.
Crypto exchange Roqqu receives regulatory approval to operate in South Africa
The exchange can now offer deposits and withdrawals in the South African Rand (ZAR)
Can blockchain solve Africa’s worsening housing shortage? This startup thinks so
Blockchain company Empowa has used NFTs as a fundraising vehicle to grow Mozambique’s home loan market by 5%. It is now looking to expand across Africa.
Zebedee and Bitnob partner to help African gamers earn bitcoin rewards
African users will be rewarded in satoshis when they play games or listen to podcasts on the gaming app. They can convert the rewards to their local currency through Bitnob.
A new report says African blockchain firms raised $474 million in 2022, but the methodology is questionable
South Africa, Liberia and Kenya led Nigeria for total funding. MFS Africa, Valr, Jambo, Ejara all feature in the report.
How blockchain is being used to address low mobile internet access in Africa
A recent World Bank report found that mobile internet access can alleviate poverty. Yet, Africa lags in internet use. Some blockchain companies are trying to fix this.