Things Are Heating up: Can Nigeria Beat China in the Release of the First CBDC?

Despite Africa being the poorest continent on earth with most people living below the poverty line, the continent is out to prove the world wrong when it comes to digital…

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The Cryptocurrency Industry in Nigeria Is Booming Despite Scams and Regulatory Uncertainty

The digital currency sector in Nigeria has been growing rapidly. Despite numerous scams and a lack of clear regulations, cryptos attract Nigerians with high profit potential.

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Nigeria’s Clarification on the Crypto Ban Pushes the Price of Cryptocurrencies Higher

As the interest in cryptocurrency is seemingly increasing in Africa more than in some of the globe’s developed economies, the Central Bank of Nigeria (CBN) has come out to embrace…

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Ghanaian Startup Bitsika Africa Processed $40 Million in Crypto Remittances in 2020, up 3,900% Year-on-Year

Bitsika Africa, a crypto startup operating out of Ghana and Nigeria, said Monday that it processed almost $40 million in remittances in 2020, up from just under $1 million the…

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