State of fiat
Somalia joins the East African trade bloc
Although Somalia submitted its application in 2012, it took 11 years to grant its request due to lingering security concerns.
Nov 28, 2023
Somalia
8 storiesMarkets
Nigeria received nearly $60 billion in crypto value in a year
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.
Sep 19, 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
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
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
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