Ghana Gold Board to launch blockchain tracking system by end of 2026
Gyamfi said the system will use blockchain to record the movement and sale of each gram of gold purchased and exported.
Botswana
South Africa’s Altvest to raise $210 million for Bitcoin treasury reserve
The Johannesburg-based firm will rename itself Africa Bitcoin Corp. and hold the cryptocurrency on its balance sheet.
Visa expands stablecoin strategy into Africa with Yellow Card partnership
Both firms plan to explore opportunities to drive stablecoin adoption in treasury management and cross-border payments across markets where Yellow Card is regulated.
Coinbase taps Yellow Card as on- and off-ramp partner for African expansion
Starting in February, Coinbase users in 20 African countries can buy USDC directly from the Coinbase Wallet App.
Botswana’s president advocates blockchain for transparent diamond production
The country’s diamond mining partner, De Beers Group, recently launched a blockchain tracing system, Tracr, to verify if diamonds are ethically sourced.
Botswana gets more diamonds from De Beers after protracted negotiations
The agreement gets Botswana an increased 30% fee of De Beers diamond mining.
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.