According to the latest World Bank report, 24% of adults around the world have no bank or mobile account. That means there are 1.7 billion people currently living without access to any financial services.
An African crypto currency derived from customer loyalty points earned with retailers may have the potential to drive Blockchain into commercial viability.
The move by the Central African Republic (CAR) to adopt Bitcoin as legal tender has left experts pointing to financial criminals as the likely winners.
Francophone Africa, as well as countries such as Mozambique and Angola, remain largely overlooked. Anglophone investors find it hard to establish contacts
There is a danger that Binance, and other cryptoexchanges, are selling crypto as the solution to all the world’s ills – in the case of Africa, the nightmare of persistently high inflation, poor wages, and in some cases, poverty. The glamour of elite football is making such products all the more appealing, and helping cover over many of the risks.
Trying to avoid buying DRC cobalt makes little sense in purely financial terms. The DRC’s predominant role in global supply means that buyers will need to pay a premium to avoid it entirely. There is no green world without DRC cobalt
Africa urgently needs a new international finance centre, according to a survey of African decision-makers by Rwanda Finance, the agency mandated to develop the KIFC, and Africa Legal
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