Six of eleven African countries reported an inflation rate drop in November
African consumers are beginning to see steadier prices as 2022 nears its end, according to the latest inflation figures.
Uganda
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.
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.
Five African projects receive grants from Interledger Foundation
The projects are to build financial services products on the Interledger protocol.
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.
July inflation watch: African countries continue to grapple with high inflation
At least 15 African countries reported inflation rates of over 10%. Zimbabwe continues to experience hyperinflation.
Coinbase partners with CryptoSavannah to build blockchain solutions for Uganda’s refugees
The Ugandan crypto company plans to build a blockchain-based identity system and crypto wallets to make it easier for refugees in the country to access financial services.