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.

Crypto and Blockchain in Africa with ConsenSys

Listen to African Business Podcast 5: “Crypto and Blockchain in Africa with ConsenSys”
 

In the fifth edition of the African Business Podcasts, the editor of African Business magazine, David Thomas, and podcast host, Desné Masie, discuss the first UK-Africa Summit in London, and the highlights of this month’s issue of African Business magazine, especially developments in Sudan and in Francophone West Africa  around the new eco currency.

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.