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.
Angola
Btrust, cofounded by Jack Dorsey and Jay Z, acquires African Bitcoin talent development firm Qala
The acquisition will see Qala rebrand as Btrust Builders with a new focus on providing training in open-source Bitcoin software development.
Q&A: Angola can become a hub for cryptocurrency mining in Africa
The country, which has seen more crypto-mining operations than most on the continent, is looking to regulate the industry.
Expert warns that banning bitcoin mining could hurt crypto adoption in Angola
However, he believes the Angolan government should merely regulate rather than prohibit all forms of crypto-mining activities in the country.
Angola moves to regulate virtual assets and ban cryptocurrency mining
The country’s decision-makers believe crypto mining is interfering with the country’s electricity supply system.
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.
Zimbabwe cuts lending rate for the second time in 2023
Zimbabwe becomes the second African country to drop lending rates for the second time this year, after Angola.