Africa News

Latest updates on crypto innovation, adoption, and regulation across Africa’s growing digital asset ecosystem.

Stories 154 in this category

Coverage footprint 0.6% of all CryptoSlate stories

A bright, photorealistic Cape Town boardroom scene shows a stack of Bitcoin under a glass dome beside a heavier scale of diversified assets, symbolizing caution against overexposure.

Crypto

South African asset management giant advises clients against over exposure to Bitcoin

The South African firm's warnings come despite its pro-crypto stance and crypto-focused products.

6 months ago

Regulation

Nigerians turn to VPN as government blocks access to Binance, Coinbase, others

The Nigerian government barred access to crypto platforms because of their alleged roles in the country's fiat currency struggles.

2 years ago

Exchanges

Binance accused of manipulating Nigerian Naira as ‘glitch’ impacts P2P traders

Binance Nigerian users speculated that the exchange implemented a price cap at the behest of the government.

2 years ago

Mining

Ethiopia to start mining Bitcoin through new data mining partnership

Hashlabs Mining CEO Kal Kassa said the new venture will include Bitcoin mining via Canaan Avalon machines. However, the government has yet to confirm this officially.

2 years ago

Stablecoins

Central Bank of Nigeria approves cNGN stablecoin to pilot in February amid CBDC woes

Nigeria's cNGN stablecoin to launch as an alternative to CBDC, promising remittance revolution and global trade efficiencies.

2 years ago

Adoption

Nigeria ends years-long restrictions on crypto transactions

Under the new guidelines, financial institutions are now allowed to open accounts for businesses dealing in virtual/digital assets.

2 years ago

Adoption

Binance survey reveals 76% of users believe crypto efficient in reducing income inequality

Digital assets become tools for home savings and retirement plans with 36% of Binance users relying on crypto for financial security.

2 years ago

Adoption

XRP market cap adds $2B following Ripple’s payment network expansion

Ripple is partnering with payments fintech company Onfariq to open routes connecting Africa and beyond.

2 years ago

CBDCs

CBDCs struggling to gain traction without private-sector cooperation

Most countries are struggling to get their populace to use CBDCs as they do not offer the same level of convenience and benefits as private payment platforms.

2 years ago