Africa Market

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.
August 30, 2021

Nigerian Foreign Exchange Crisis: Central Bank Issues Warning to Microfinance Banks

The Central Bank of Nigeria (CBN) has threatened punitive sanctions against microfinance banks that violate the conditions of t...
August 25, 2021

The Bank of Ghana will September this year pilot the digital Cedi, First Deputy Governor, Dr Maxwell Opoku Afare has hinted.

This, he said forms part of the BoG’s agenda of creating cash-lite society. In an era of cryptocurrencies, he said the introdu...
July 12, 2021

Tanzanian President Wants Central Bank Chiefs to ‘Prepare for Cryptocurrency’

wTanzanian President Samia Suluhu Hassan has urged her country to be ready for emerging fintech by paving the way for cryptocur...
June 15, 2021

Ghana at ‘Advanced Stages’ With Digital Cedi, Central Bank Governor Says

Bank of Ghana Gov. Ernest Addison also warned against “unregulated” cryptocurrencies.w
June 7, 2021

Crypto will ‘come to life’ in Nigeria, central bank governor says

At a 279th meeting of the Monetary Policy Committee in Abuja, Central Bank of Nigeria Governor Godwin Emefiele expressed confid...
June 2, 2021

Uganda’s finance watchdog calls for crypto regulations in the country

With exchanges slow to fall under FIA oversight, Uganda’s AML watchdog wants the government to make a move on crypto regulations.
May 26, 2021

Nigerian Fintechs Cut Off From Government Verification Service

The Nigerian government has made things tricky for fintech companies and even trickier for crypto companies.
April 12, 2021

Nigeria’s Central Bank: Crypto Trading Has Not Been Banned

A senior official from Nigeria’s central bank says the financial institutions are banned from trading with crypto companies, bu...
March 22, 2021

Nigerians Turn to Stablecoins for Protection Against Inflation

Traditional savings groups in Nigeria are looking at dollar-pegged stablecoins as a tool to protect their savings from local in...
March 16, 2021