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Namibia

60% of African countries recorded lower consumer prices in December

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.
Ogechi Nelson Feb 1, 2023
BIS survey finds differing motivations in African CBDC adoption

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.
Ogechi Nelson Dec 6, 2022
October 2022 inflation report: Consumer prices are rising at a slower pace in many African countries

October 2022 inflation report: Consumer prices are rising at a slower pace in many African countries

Zimbabwe’s inflation has slowed for the second consecutive month as East African countries report double-digit rates.
Ogechi Nelson Nov 28, 2022
September 2022 inflation report: Food prices have become Africa’s main inflation driver

September 2022 inflation report: Food prices have become Africa’s main inflation driver

At least 16 countries on the continent reported inflation rates higher than 10% in Sept. Zimbabwe's inflation rate slowed from 285% in Aug. to 280.4% in Sept.
Ogechi Nelson Nov 23, 2022
Namibia’s central bank says bitcoin can be used for payments

Namibia’s central bank says bitcoin can be used for payments

The Bank is also looking to develop “progressive” regulation for the use of cryptocurrency in the Southern African country.
Mariblock Staff Oct 7, 2022
August inflation watch: High food prices plague African countries

August inflation watch: High food prices plague African countries

Zimbabwe continues to experience hyperinflation while other countries on the continent struggle to rein in rising consumer prices.
Ogechi Nelson Sep 26, 2022

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