Africa

Africa

Decred’s Akin Sawyerr Says Blockchain Is Part of Africa’s Political Future

Blockchain-based governance could lead the way towards better business and political practices around the world, says investor Akin Sawyerr.

People  ·  16 January 2020
Africa

Ghana May Issue Digital Currency in ‘Near Future,’ Says Central Bank Chief

Ghana is joining the ranks of nations eyeing the launch of a central bank digital currency, and is already in talks over a pilot project.

Policy & regulation  ·  27 November 2019
Europe

Tunisia’s Central Bank Denies Reports Claiming It Issued an E-Dinar

In a sweeping rejection, the central bank quashed "unfounded" rumors that it had become the first monetary authority to issue a CBDC.

Policy & regulation  ·  12 November 2019
Exchanges

Huobi Cloud to Offer White-Label Exchange Services in Middle East, Africa

Huobi Cloud has announced its plan to provide local financial institutions with white-label exchange services in the Middle East and Africa.

Business  ·  1 November 2019
Binance

Eyeing African Market, Binance Adds Nigerian Fiat-to-Crypto Gateway

Facilitated by payments network Flutterwave, the addition starts a new phase of Binance adding sub-Saharan fiat pairs.

Tech  ·  24 October 2019
Facebook

Facebook’s WhatsApp Seeks Policy Expert to Champion Blockchain in Africa

WhatsApp is looking to hire a blockchain policy expert in Africa as parent company Facebook's Libra project meets regulatory resistance worldwide.

Markets  ·  5 September 2019
Regulation

Burundi Central Bank Director: ‘Strong Measures’ Will Be Taken Against Crypto Traders

The Republic of Burundi banned all cryptocurrencies, stating the volatile, speculative and unregulated asset class presents too much risk for citizens.

Markets  ·  4 September 2019
Stablecoins

Beyond USD: The Next Frontier for Stablecoins

The next generation of stablecoins will eschew the U.S. dollar as their basis, writes Bitspark's George Harrap.

Tech  ·  27 August 2019
Exchanges

Binance Exchange’s Charity Falling Short of Transparency Goals

Less than half of the donations made to the Binance Charity Foundation are accounted for on its website.

Business  ·  27 July 2019
Scams

Protestors Set Alleged Bitcoin Ponzi Scheme Perpetrator’s Home on Fire

Before shutting down, Bitcoin Wallets' "manager" promised 100-percent returns on investors' money in just two weeks. Then they burned down his house.

Markets  ·  11 July 2019
Payments

Wala Was Africa’s Perfect Crypto Success Story – Until It Collapsed

Wala went from serving customers in Uganda to shuttering its payments app. Here's what sources say happened.

Tech  ·  11 July 2019
Exchanges

Huobi Cloud Aims for 80 More Exchange Partners in Bid for Revenue Growth

The Huobi Cloud network of crypto exchanges wants to facilitate $55 million in daily volume by 2020.

Policy & regulation  ·  29 April 2019
Africa

Africa Needs Open Currency Competition. It Needs Cryptocurrency

Africa's various currency crises illustrate why cryptocurrency innovation shouldn't be stifled, says economic analyst Terence Zimwara.

Policy & regulation  ·  8 January 2019
Exchanges

Bitcoin Exchange Paxful Sees 20% 2018 Growth, Driven by Africa

Despite bitcoin's price volatility in 2018, P2P exchanges Paxful and LocalBitcoins each saw significant user growth in Africa.

Business  ·  31 December 2018
Exchanges

Binance Signs Up 40,000 Crypto Traders in Its First Week in Uganda

Unlike its parent company, Binance Uganda handles fiat currency (in partnership with a local mobile payment provider) and requires full customer ID.

Markets  ·  1 November 2018