Africa


Policy

Nigeria to Postpone Its CBDC Launch: Reports

The central bank is delaying the eNaira’s start as the African nation gears up to celebrate the 61st anniversary of its independence, according to two reports.

Lagos, Nigeria

Policy

Nigeria’s CBDC: The Good, Bad and Ugly

The possible impacts of an eNaira for financial inclusion, privacy and decentralized crypto.

Godwin Emefiele, governor of Nigeria's central bank (Getty Images)

Finance

KuCoin Registers Record 2M New Users in Second Quarter

African crypto markets hit a “major” developmental point, with trading volumes climbing 20-fold, the exchange said.

KuCoin

Markets

World Mobile Wraps $39M Token Sale to Launch Mesh Network in Zanzibar

World Mobile is currently rolling out telecommunications equipment to establish a mesh network and bring internet connectivity to Tanzania.

World Mobile has raised $39 million in a token sale to build a mesh network, starting with a project in Zanzibar.

Markets

How Crypto Can Help Nigeria's Economy

From hedging hyperinflation to lowering the cost of cross-border remittances, crypto can improve financial inclusion in Africa's largest economy.

david-rotimi-LxENUKJXh_k-unsplash

Markets

Yele Bademosi Steps Down as CEO of Bundle Africa

Bademosi will be succeeded by Binance Africa director Emmanuel Babalola

CEO Yele Bademosi and Taiwo Orilogbon, head of engineering, discuss business at the Bundle offices.

Markets

The Headache of 'Crypto Colonialism'

Blockchains can’t rebuild roads or end sectarian violence, famine or natural disasters.

"Blockchain projects can do very little to repair the roads and build strong political institutions in places like Ethiopia," Peter Howson writes.

Markets

Economic Union of 15 West African States Voices Concerns Over Crypto Volatility

Several other risks in the crypto markets were identified by the union's members including shallow liquidity and a lack of legal parameters.

Africa