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.
Tanzania
World Mobile launches its multipurpose global mobile app
However, due to regulations, the Cardano wallet and fiat on-ramp features are currently unavailable in Tanzania.
Honeycoin taps MoneyGram to expand crypto-to-fiat capabilities
The partnership is aimed at facilitating cross-border transactions using both cryptocurrency and fiat currencies in multiple countries.
Tanzania Secures $195 Million Budget Support from European Union
President Samia Suluhu said the grants would accelerate the implementation of development programs in the country.
Tanzanian central bank calls for the de-dollarization of local market
The government banned the use of USD in August 2007 and again in December 2017.
Bank of Tanzania admits to dollar shortages but claims it's not a crisis
Foreign exchange reserves had decreased to $4.9 billion by May 2023 from $5.5 billion in May 2022.
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.