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.
Mozambique
6 takeaways from Empowa’s Glen Jordan World Bank Discussion
Glen Jordan, CEO of Empowa shared details about his company’s operational model with global industry experts.
World Mobile successfully completes telecom field tests in three African countries
The system used new technology different from the one deployed in Zanzibar, where it was originally launched.
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.
Can blockchain solve Africa’s worsening housing shortage? This startup thinks so
Blockchain company Empowa has used NFTs as a fundraising vehicle to grow Mozambique’s home loan market by 5%. It is now looking to expand across Africa.
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.