Africa Market

Kenyan Central Bank Rejects Deputy President Rigathi Gachagua’s Claims Country Lacks Forex to Import Oil

The Central Bank of Kenya appeared to rebuke the country’s new deputy president Rigathi Gachagua, after it rejected the latter’...

Head of African Regional Central Bank Calls for Creation of Digital Currency

The head of the Bank of Central African States (BCAS), Herve Ndoba, has told the regional central bank’s board that it must cre...

Economist Peter Schiff Explains Why He Expects Bitcoin to Crash as Recession Deepens — Warns ‘Don’t Buy This Dip’

Economist and gold bug Peter Schiff has made some dire predictions about cryptocurrency, particularly bitcoin and ether.

Number of African Cryptocurrency Users up by Nearly 2,500%

The number of cryptocurrency users in Africa grew by almost 2,500% between January 2021 and January 2022, while the average num...

ICON’s ICX Rockets 70% as Crypto-Friendly Candidate Wins South Korean Presidential Election

ICON’s ICX Rockets 70% as Crypto-Friendly Candidate Wins South Korean Presidential Election

Congo Based Startup Jambo Raises $7.5 Million in Seed Funding Round

A Congo-based Web3 app developer, Jambo, recently said it raised $7.5 million in a seed funding round. According to a report, t...

Kenyan Central Bank Document Discusses Benefits and Risks Posed by CBDC — Public Asked to Comment

Kenya’s central bank has acknowledged in a recently released document that a central bank digital currency could potentially be...

Proportion of South African Crypto Holders Grows to 11.3%, 56% of Crypto Owners Hold Bitcoin

Proportion of South African Crypto Holders Grows to 11.3%, 56% of Crypto Owners Hold Bitcoin

Visa and ConsenSys team up on CBDC tech

Visa has teamed up with blockchain tech provider ConsenSys in order to develop new infrastructure that will support the rollout...
January 13, 2022
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Kenya Set to Scale Up Adoption of Cryptocurrencies in 2022

In his Africa crypto market predictions for 2022, Marius Reitz, the general manager for Luno in Africa, has predicted that Keny...