Tagged in: cryptocurrency

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Banks take on fintech for the youth market

Traditional banks have launched a spirited and highly innovative fightback against fintech payments service platforms that have been eating into their market share.

Ubuntu Coin: A gold-backed crypto currency for Africa

African entrepreneur Mamadou Kwidjim Toure is launching a gold-backed cryptocurrency that he hopes will help even out the constantly fluctuating values of local African currencies and connect more Africans to global markets.

What is behind Africa’s crypto-phobia?

As the use of cryptocurrencies gains momentum, African central banks, gripped by crypto-phobia, are pressing panic buttons, with some taking the easy way out by banning the use and trading in cryptocurrencies in their territories.