Africa ETP News
you are currently viewing::Stablecoins in Nigeria: A Growing Cross-Border ChannelJune 16, 2026- U.S. dollar-pegged digital tokens reduce payment frictions but raise new policy trade-offs
What began as a niche technology has become a meaningful cross-border payments channel. Its rapid growth is easing long-standing frictions in cross-border transactions. It is also testing the limits of existing monetary and regulatory frameworks. The scale is striking, even though measurement remains imperfect. Nigeria received about $59 billion in crypto-asset inflows between July 2023 and June 2024. Source: imf.org |
Africa Can Grow Faster With AI-If It Moves Now
July 21, 2026--Artificial intelligence can boost productivity, create better jobs, and improve public services in sub-Saharan Africa, but realizing these gains will require reliable power, affordable internet, stronger skills, and rules people trust
A farmer in Kenya gets weather and planting advice on a basic phone. A teacher in Nigeria uses a chatbot to help students catch up in math. South Africa's revenue authority uses data analytics to better target tax audits. These are not futuristic examples from Silicon Valley.
South African business confidence edges up in May after April slump
June 30, 2026--In May the Johannesburg Stock Exchange (JSE) announced new rules designed to ensure more stringent oversight of how brokers and trading firms deploy "algo-trading" techniques on the exchange.
