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 |
First Mutual Wealth Gold ETF debuts on VFEX
May 2, 2026-Zimbabwe's exchange-traded fund (ETF) landscape has undergone a gradual evolution, shaped by liquidity constraints and shifts in the underlying equity instruments. The launch of the Old Mutual Top 10 ETF in December 2020, the first ETF, with listing in January 2021, marked a significant milestone for the Zimbabwe Stock Exchange (ZSE), introducing passive investment exposure.
