The Ethiopian birr currency’s parallel exchange rate against the U.S. dollar recently dropped to a low of 92 birrs per dollar, a report has said.
Read moreNigerian Presidential Candidate Says Fixed Exchange Rate Regime ‘Has to End’ — Touts Success of Fintech Unicorn Flutterwave
A Nigerian presidential election candidate, Peter Obi, has said the local currency’s exchange rate against the dollar must not be fixed but must be determined
Read moreReport: East African Single Currency Unlikely to Be Introduced by 2024
There are growing doubts about the regional economic bloc known as the East African Community’s ability to successfully launch a single currency by 2024, a
Read moreNigerian BTC Peer-to-Peer Volumes Nearly $400M in H1 of 2022 — Significant Growth in Kenya and Ghana Volumes
Nigeria’s peer-to-peer bitcoin traded volumes of over $1.1 billion between January 2021 and June 2022 mean the West African nation is now Paxful’s largest market.
Read moreColombia Plans to Launch Digital Currency to Reduce Tax Evasion
The government of Colombia revealed it has plans to launch a digital currency. One of the purposes of this new currency would be to curb
Read moreBank of Russia Aims for Full Launch of Digital Ruble in 2024
The Central Bank of Russia plans to begin the comprehensive implementation of the digital ruble two years from now, according to a paper detailing its
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