This is the bloc’s first expansion in 13 years.
These certificates are valid for three years and available to Egyptian nationals or foreigners with a minimum deposit of $1000.
The country seeks to conduct international trade in the local currencies of BRICS countries.
Figures show 50% of countries with available data experienced an increase in consumer prices in March.
South Africa, Liberia and Kenya led Nigeria for total funding. MFS Africa, Valr, Jambo, Ejara all feature in the report.
While some countries recorded improved inflation figures, the cost of living across the continent remains prohibitively high.
The scammers had reportedly netted about $620,000 from investors