Botswana

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.

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.

60% of African countries recorded lower consumer prices in December

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

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.