World Mobile launches commercial network in East Africa
The new feature allows Zanzibaris to enjoy mobile data that is 50% cheaper than the national average.
Ogechi Nelson
Sub-Saharan African currencies have plunged 8% in one year amidst soaring public debts and global uncertainties: IMF
The depreciation has contributed to rising inflation in the region. Notably, inflationary pressures do not decline when local currencies strengthen against the US dollar, IMF says.
Busha launches crypto payment service despite category headwind
Busha Commerce’s timing stands out, given the recent trends around African crypto payment companies.
Report: Nigeria and Morocco among top 10 countries interested in meme coins
Nigeria ranked 5th in the table, ahead of Australia, New Zealand and Canada. Morocco ranked 10th.
Nestcoin spins off crypto gaming project MVM as part of a larger restructuring move
Metaverse Magna (MVM) also has a new CEO who is looking to grow the company via its new gaming platform Hyper.
P2P bitcoin platform Paxful resumes operations after month-long hiatus
The platform initially suspended its marketplace due to concerns over regulations and internal instabilities.
Mauritius plans to pilot a CBDC before the end of 2023
The country’s central bank says it is considering rolling out the digital rupee pilot phase as soon as November — after a sandboxing exercise