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Report: Kenya Set to Scale Up Adoption of Cryptocurrencies in 2022

Report: Kenya Set to Scale Up Adoption of Cryptocurrencies in 2022In his Africa crypto market predictions for 2022, Marius Reitz, the general manager for Luno in Africa, has predicted that Kenya will scale up the adoption of cryptocurrencies. To support this assertion, Reitz points to Kenya’s as position as the leader in the world’s peer-to-peer (P2P) traded volumes for the second year running. Kenya’s Booming […]

Kansas Town Rocked by Former Banker Who Was Duped by $47,100,000 Crypto Scam: Report

Ghana’s Minority Lawmakers Reject Government Proposal to Tax Mobile Money Transactions

Ghana’s Minority Lawmakers Reject Government Proposal to Tax Mobile Money TransactionsThe Ghanaian government’s proposal to introduce a 1.75% levy on digital transactions was recently rejected by a minority of lawmakers who insist the new tax derails efforts to help increase the number of adults that are financially included. The Digital Transactions Tax A minority of lawmakers in the Ghana legislature recently rejected a government proposal […]

Kansas Town Rocked by Former Banker Who Was Duped by $47,100,000 Crypto Scam: Report

Remittances to Africa Set to Drop by 5.4 % to $41 Billion — Covid-19 Pandemic and High Sending Costs Blamed

Remittances to Africa Set to Drop by 5.4 % to  Billion — Covid-19 Pandemic and High Sending Costs BlamedAccording to findings from the Continental Migration Report 2021, remittances to African countries are projected to decrease from the $44 billion recorded in 2020 to $41 billion. The Covid Effect As expected, the Covid-19 pandemic is identified as one of the main causes of the decline. However, despite this projected 5.4 per cent drop, a […]

Kansas Town Rocked by Former Banker Who Was Duped by $47,100,000 Crypto Scam: Report

Study Shows 36% of Nigerian Adults Are Financially Excluded — Digital Financial Services Bolsters Inclusion

Study Shows 36% of Nigerian Adults Are Financially Excluded — Digital Financial Services Bolsters InclusionNearly 36% of Nigeria’s 106 million adults lack access to both regulated and unregulated financial services, according to the findings of the Enhancing Financial Innovations and Access (EFIA) study. In addition, while the findings do suggest a marginal drop in the percentage of financially excluded adults in the past few years, overall “the actual number […]

Kansas Town Rocked by Former Banker Who Was Duped by $47,100,000 Crypto Scam: Report

Zimbabwe’s Biggest Bank Looks at Methods to ‘Leverage Cryptocurrencies’

Zimbabwe’s Biggest Bank Looks at Methods to ‘Leverage Cryptocurrencies’One of Zimbabwe’s biggest financial institutions, CBZ Holdings says it is looking at ways it could “leverage cryptocurrencies and other emerging digital innovations.” According to the financial institution’s chairperson, Marc Holtzman, CBZ “is open-minded about new innovations, as these could open up new opportunities going forward.” Innovations Opening up New Markets Speaking in an interview […]

Kansas Town Rocked by Former Banker Who Was Duped by $47,100,000 Crypto Scam: Report