Africa

African Payment System Gets Banker’s Endorsement, but Viability Questions Linger

The Pan-African Payments and Settlements System aims to formalize… More…

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Stablecoin Issuer Tether’s USDT Potentially Seeing Rise in Adoption in Sanctioned Countries: Report

The world’s largest stablecoin by market cap is reportedly… More…

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Kenyan Securities Exchange Joins Hedera to Bolster Tokenization Ambitions

The Nairobi Securities Exchange has joined the Hedera Council to… More…

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Nigeria’s Currency Plunges as Dollar Liquidity Dries Up: Will a Naira-for-Crude Oil Swap Revive It?

The Nigerian naira recently hit a new low against the U.S. dollar,… More…

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Crypto Lobby Group CCI Expands Its Reach by Absorbing Proof of Stake Alliance

The Crypto Council for Innovation (CCI) is taking in the Proof of Stake… More…

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World Bank: Nigeria Loses $8B on Foreign Exchange Subsidies Over 3 Years

The World Bank reports that Nigeria lost over $8 billion due to the… More…

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Revving Up Innovation: Zanzibar Introduces Blockchain Sandbox Program

The Zanzibar government has introduced a blockchain sandbox program… More…

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South African Bank Blocks Crypto Payments, Faces Industry Backlash

South African bank Capitec has blocked electronic funds transfers… More…

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In Africa, Russia and China are winning where the US is barely competing

Africa’s playing field isn’t what it used to be. Once a battleground… More…

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IMF warns global finance leaders of impending $100 trillion debt crisis

Global finance leaders are bracing for a massive debt crisis as the… More…

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