Africa

The US Military Has Vacated Its Niger Bases

In April, I wrote about the United States government agreeing to remove… More…

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Egyptian AI Startup Gets $2M for GCC, Africa Expansion

Egyptian artificial intelligence firm Synapse Analytics has secured… More…

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South African Crypto Asset Marketplace Initiates $1.64 Million Capital Raise

The South African decentralized cross-asset marketplace Mesh.trade… More…

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Nigeria Acts to Stabilize Currency with Forex Auction

The Central Bank of Nigeria (CBN) will reintroduce a foreign exchange… More…

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Canza Finance Partners With Stablecoin Issuer to Bring Efficient Financial Solutions to Africa

Canza Finance has partnered with stablecoin issuer WSPN to provide… More…

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Ethiopian Premier Defends Currency Float Decision, Rejects Devaluation Claims

The Ethiopian Prime Minister, Abiy Ahmed, has defended the decision… More…

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Nigerian CBDC Adoption Lags, Makes Up Less Than 1% of Currency in Use

Nigeria’s central bank digital currency, known as the eNaira,… More…

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Ethiopia’s Birr Falls 30% After Currency Float; Forex Surrender Requirements Scrapped

Ethiopia’s birr plunged 30% against the dollar after the central… More…

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Zambia De-Dollarization: Central Bank Seeks to Enforce Kwacha as Sole Legal Tender for Domestic Transactions

The Bank of Zambia has defended its de-dollarization plans but also… More…

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Russia-Linked Banknotes Blamed for Libyan Dinar Plunge

The Libyan dinar’s recent devaluation has been blamed on a… More…

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