Nigeria, South Africa and two other African countries exit FATF’s grey list

According the IMF, these countries have lost significant sums of money as a result of being grey listed by the FATF

According the IMF, these countries have lost significant sums of money as a result of being grey listed by the FATF

This brings the total number of African countries on FATF’s grey list to 12, accounting for approximately 57% of all grey-listed countries.

Starting in February, Coinbase users in 20 African countries can buy USDC directly from the Coinbase Wallet App.

Overall, Sub-Saharan Africa received $117.1 billion in crypto value between July 2022 and June 2023, according to data from blockchain analytics firm Chainalysis.

Figures show 50% of countries with available data experienced an increase in consumer prices in March.

While some countries recorded improved inflation figures, the cost of living across the continent remains prohibitively high.

While some countries recorded improved inflation figures, the cost of living across the continent remains prohibitively high.

Further contractions in consumer prices suggest that central banks’ tactics to curb inflation are productive.

At least 16 countries on the continent reported inflation rates higher than 10% in Sept. Zimbabwe's inflation rate slowed from 285% in Aug. to 280.4% in Sept.