Creative economy
Egypt-based football club Al Ahly joins FIFA’s NFT marketplace
Al Ahly Football Club becomes the first African football club to join FIFA Collect
May 13, 2025
Egypt
20 storiesCompliance
97% of African countries struggle with crypto compliance: FATF
FATF’s latest review also reveals that 75% of jurisdictions globally fall short of crypto compliance.
Jul 11, 2024
State of fiat
Egypt plans to launch its CBDC in 2030
Presently, the country wants to work on improving its economy and increasing financial inclusion.
Jan 11, 2024
CBDC
Egypt’s journey towards digital pound implementation
Egypt is moving towards joining Nigeria, Kenya, Senegal, and South Africa in implementing CBDCs.
Dec 13, 2023
Markets
Morocco remains in top 20 for global crypto adoption despite ban — Chainalysis
Egypt, previously ranked as the fastest growing crypto economy worldwide, dropped out of the top 30, according to Chainalysis’ Geography of Cryptocurrency report for the MENA region.
Sep 28, 2023
State of fiat
Egypt and Ethiopia among six countries invited to join BRICS
This is the bloc’s first expansion in 13 years.
Aug 25, 2023
State of fiat
Egypt launches new ‘high interest’ dollar savings certificate
These certificates are valid for three years and available to Egyptian nationals or foreigners with a minimum deposit of $1000.
Aug 1, 2023
State of fiat
Egypt explores BRICS membership, plans to ditch US dollar for trade with BRICS nations
The country seeks to conduct international trade in the local currencies of BRICS countries.
Jun 15, 2023
State of fiat
Inflation in Africa: Latest data shows worsening figures across the board
Figures show 50% of countries with available data experienced an increase in consumer prices in March.
May 10, 2023
Funding
A new report says African blockchain firms raised $474 million in 2022, but the methodology is questionable
South Africa, Liberia and Kenya led Nigeria for total funding. MFS Africa, Valr, Jambo, Ejara all feature in the report.
Apr 22, 2023
State of fiat
Inflation in Africa: Many countries continue to witness historically high consumer prices
While some countries recorded improved inflation figures, the cost of living across the continent remains prohibitively high.
Mar 24, 2023
State of fiat
Inflation in Africa: Many countries continue to witness historically high consumer prices
While some countries recorded improved inflation figures, the cost of living across the continent remains prohibitively high.
Mar 24, 2023
Litigation
Cryptocurrency scam ring busted in Egypt
The scammers had reportedly netted about $620,000 from investors
Mar 21, 2023
ANALYSIS
State of fiat
ANALYSIS60% of African countries recorded lower consumer prices in December
Further contractions in consumer prices suggest that central banks’ tactics to curb inflation are productive.
Feb 1, 2023
CBDC
BIS survey finds differing motivations in African CBDC adoption
More than half of the surveyed central banks said the ability to provide cash in a digital form was the leading consideration for exploring CBDC.
Dec 6, 2022
ANALYSIS
State of fiat
ANALYSISOctober 2022 inflation report: Consumer prices are rising at a slower pace in many African countries
Zimbabwe’s inflation has slowed for the second consecutive month as East African countries report double-digit rates.
Nov 28, 2022
ANALYSIS
State of fiat
ANALYSISSeptember 2022 inflation report: Food prices have become Africa’s main inflation driver
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.
Nov 23, 2022
Markets
Middle East and North Africa’s crypto markets grew more than any other region in 2022
Egypt and Morroco make the top five for transaction growth in the region.
Oct 6, 2022
ANALYSIS
State of fiat
ANALYSISAugust inflation watch: High food prices plague African countries
Zimbabwe continues to experience hyperinflation while other countries on the continent struggle to rein in rising consumer prices.
Sep 26, 2022
Regulation
Central Bank of Egypt sends reminder about cryptocurrency ban
The Egyptian apex bank warns against dealing with any kind of cryptocurrency through regional and international platforms.
Sep 21, 2022