August inflation watch: High food prices plague African countries Zimbabwe continues to experience hyperinflation while other countries on the continent struggle to rein in rising consumer prices.
Binance picks two Africans for its new global advisory board "The GAB represents the next big step forward in our journey to share the benefits of modern finance and the blockchain with the entire world," said CZ.
The Central Bank of Nigeria partners with Clickatell to launch an eNaira USSD channel The CBN hopes to boost the adoption of its central bank digital currency by making it easily accessible to feature phone users. Existing data suggest that most Nigerians use feature phones.
Nigerian agency seeks partnership with Binance and Talent City for West Africa’s first virtual economic zone The partnership could see Nigeria host a cryptocurrency-friendly free zone.
July inflation watch: African countries continue to grapple with high inflation At least 15 African countries reported inflation rates of over 10%. Zimbabwe continues to experience hyperinflation.
Algorand and Boston University want to increase access to machinery for African farmers Algorand Foundation will provide funds for Boston University and an African agric-tech company to develop a blockchain-based application to connect farmers to tractor owners.
Nigeria's struggle to attract foreign investors explains blockchain moves by NGX NGX is looking to use blockchain to lure younger investors as dwindling foreign participation carves a hole in the country's capital markets.