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Report: Kenyan and Nigerian Central Bankers Attack Cryptocurrencies but Endorse CBDCs

Cryptocurrencies are very unstable for them to become a widely used method of payment, the Nigerian and Kenyan central bankers have reportedly said. In addition, the bankers claim that cryptocurrencies…

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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 benefit the country’s financial system. The bank, however, warned that rolling out…

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Egyptian Banks Set to Launch Multi-Million Dollar Fintech Fund

Egyptian banks are reportedly on course to launch a $69.6 million fund which is earmarked to support the country’s fintech companies. According to a report, this fund is expected primarily…

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