Africa Archives

Namibia passes bill to regulate local digital currency industry

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10 July, 2023

Namibia passes bill to regulate local digital currency industry

Under the new law, the country’s finance minister has the power to appoint entities to serve as the regulatory authority,...

Kenyan president signs Finance Bill, demands 3% tax from digital asset traders

Business

Steve Kaaru

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5 July, 2023

Kenyan president signs Finance Bill, demands 3% tax from digital asset traders

The Finance Bill has come under heavy criticism for its new taxes, including a 3% tax on digital asset sales,...

Bernhard Müller talks Centbee partnership, Centi franc stablecoin on CoinGeek Backstage

Interviews

Steve Kaaru

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4 July, 2023

Bernhard Müller talks Centbee partnership, Centi franc stablecoin on CoinGeek Backstage

Centi partnered with Centbee to power remittances from Switzerland to African countries, and combined with the all-new Centi stablecoin, it...

Africa, ASEAN enter into landmark partnership agreement to promote digital economies

Press Releases

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4 July, 2023

Africa, ASEAN enter into landmark partnership agreement to promote digital economies

This agreement between Africa and ASEAN marks the beginning of the collaboration in the two regions in areas like payments,...

Blockchain brings economic gains to African farmers with more reliable supply chains

Business

Jon Southurst

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21 June, 2023

Blockchain brings economic gains to African farmers with more reliable supply chains

nChain's study titled "Immutable Livestock Tracking and Compliance Logs Using Blockchain" tracks cattle from birth, recording all meaningful events in...

Nigeria’s 10% digital asset tax gets mixed reactions

Business

Steve Kaaru

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16 June, 2023

Nigeria’s 10% digital asset tax gets mixed reactions

Some say the tax is an endorsement and legal recognition by the Nigerian government, but others say the tax is...

CBDC not a priority for Kenya, central bank says

Business

Steve Kaaru

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9 June, 2023

CBDC not a priority for Kenya, central bank says

The bank issued a discussion paper a year ago, and after assessing the feedback, it says Kenya can solve its...

Revolutionizing remittances: Centi and Centbee partner to empower African diaspora with affordable blockchain-based transfers

Press Releases

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1 June, 2023

Revolutionizing remittances: Centi and Centbee partner to empower African diaspora with affordable blockchain-based transfers

The latest partnership between Centi and digital cash wallet Centbee seeks to make remittance services from Switzerland to Africa more...

Zimbabwe defies IMF, sells $40 million worth of gold-backed digital tokens

Business

Steve Kaaru

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20 May, 2023

Zimbabwe defies IMF, sells $40 million worth of gold-backed digital tokens

Zimbabwe’s tokens are backed by 140 kilograms of gold, the central bank says, revealing it’s preparing for a second round...

M-Pesa breaks into Ethiopia where digital currencies have been declared illegal

Business

Steve Kaaru

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15 May, 2023

M-Pesa breaks into Ethiopia where digital currencies have been declared illegal

Mobile money service M-Pesa becomes the first service to challenge the state-backed Telebirr in mobile money, even as Bitcoin remains...

Zimbabwe’s central bank launches gold-backed digital currency

Business

Wahid Pessarlay

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12 May, 2023

Zimbabwe’s central bank launches gold-backed digital currency

The core feature of Zimbabwe's new gold-backed tokens is its fractionalization, allowing individual investors to buy tokens for as low...

Business

Steve Kaaru

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4 May, 2023

Africa and blockchain—a perfect match

The region continues to adopt blockchain at the highest pace globally, and investors are taking note as it recorded a...

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