State of fiat
Nigeria, South Africa and two other African countries exit FATF’s grey list
According the IMF, these countries have lost significant sums of money as a result of being grey listed by the FATF
Oct 27, 2025
State of fiat
State of fiat — coverage and analysis.
ANALYSIS
State of fiat
ANALYSISUnlocking Africa’s next economy would require new money
Ayotunde Alabi highlights how adopting stablecoins and tokenized assets can help Africa build a modern financial system that drives trade and economic growth.
Oct 23, 2025
State of fiat
PAPSS rolls out blockchain platform for African fiat exchange
Interstellar says 19 countries and several multinationals now use the African currency marketplace for cross-border transactions.
Jun 27, 2025
State of fiat
Kenya fails IMF review, forfeits $850M disbursement
The East African country is now seeking a fresh credit program from the IMF.
Mar 20, 2025
State of fiat
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.
Mar 6, 2024
State of fiat
Nigeria seeks $1.5 billion World Bank loan to ease forex shortage
Nigeria’s Finance Minister added that the country is also looking to tap into the Eurobond market this year if rates fall.
Jan 26, 2024
State of fiat
Ethiopia faces challenges as it integrates into BRICS
In December 2023, Ethiopia informed its bondholders that it would not be able to make a $33 million repayment on its $1 billion Eurobond loan.
Jan 25, 2024
State of fiat
IMF approves Kenya’s financial package of $941 million
A staff-level agreement follows the approval of the IMF loan to Kenya in November 2023.
Jan 23, 2024
State of fiat
IMF set to review Ghana’s second loan payout of $600 million on Friday
Once the date for a meeting has been set, it is expected that the necessary approval will be granted.
Jan 18, 2024