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Ghana is set to test its central bank-backed digital currency

Ghana has become the latest African country to begin testing the viability of its central bank-backed digital currency, the eCedi.

United statesSouth africaSouth africanSefwi asafoErnest addisonConrad onyangoAtlantic councilCentral bank digital currencyInternational monetary fundAfrican reserve bankCentral bankGovernor of the bankUganda central bankSupplementary service dataWestern north regionProject khokha

Nigeria leads as more African Central Banks explore digital currencies ― IMF

Following Nigeria’s October 2021 introduction of e-Naira, several sub-Saharan African central banks have joined the bandwagon; exploring

South africaNigeria generalSouth africanHabtamu fujeSaad quayyunFranck qattaraInternational monetary fundAfrican reserve bankCentral bankBankers committeeFollowing nigeriaSaharan africanSaharan africaNaira road showSouth african reserve bankProject khokha

Reserve Bank talks up digital rand progress for South Africa

Reserve Bank talks up digital rand progress for South Africa
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South Africa Mulls Digital Rand, Expects Crypto Regulation in 2023

South African Reserve Bank wants crypto regulation to prevent theft and money laundering and hopes to introduce it within nine to 15 months.

South africaSouth africansSouth africanKuben naidooAfrican reserve bankAfrica financial sector conduct authorityWorld bankKey insightsSouth african treasuryBudget reviewSouth african reserve bankProject khokhaProject dunbarReuters wednesdayFinancial sector conduct authority

Dividend or Liability? Financial Inclusion, Digital Deprivation, and Cyber Risk Proliferation in South Africa

South Africa is a leading financial hub in Africa, with around $1 trillion in annual cross-border banking transactions. Yet this is being undermined by high levels of physical, political, and digital risk.

Kwazulu natalSouth africaNorth westWestern capeSouth africansSouth africanNatasha odendaalDavid johnsonAlex comninosRob bainbridgeMartha van niekerkNkgolodishe phaladiJeff wicksMartha gertruida van niekerkTebogo bokabaRudolph muller