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Africa’s largest crypto market opens central bank sandbox to stablecoins and virtual-asset firms
Business and Economy

Africa’s largest crypto market opens central bank sandbox to stablecoins and virtual-asset firms

The Central Bank of Nigeria announced on Tuesday that applications had opened for the second cohort of its Regulatory Sandbox Programme, introducing a dedicated

Kenya central bank holds key rate, growth forecasts unchanged
Business and Economy

Kenya central bank holds key rate, growth forecasts unchanged

A general view shows the Central Bank of Kenya headquarters building along Haile Selassie Avenue in Nairobi, Kenya November 28, 2018. REUTERS/Njeri Mwangi NAIROBI (Reuters) – Kenya’s

Gold breakout rally sends Chinese bullion stocks near highs as central banks keep buying
Business and Economy

Gold breakout rally sends Chinese bullion stocks near highs as central banks keep buying

A rebound in gold prices has pushed shares of Chinese producers of the precious metal near record highs, while the bullion’s status as a strategic

Billionaire Idrissa Nassa pushes Coris into Central African Republic
Business and Economy

Billionaire Idrissa Nassa pushes Coris into Central African Republic

Coris Bank International, the lender founded by Burkinabè businessman Idrissa Nassa, plans to open a branch in the Central African Republic, extending a push into

Africa is sitting on trillions it should use to finance its own growth, Nigeria’s central bank chief says
Business and Economy

Africa is sitting on trillions it should use to finance its own growth, Nigeria’s central bank chief says

Speaking at the Emerging Markets Forum in Abuja on Wednesday, Cardoso said Africa should mobilise its vast pension assets, insurance funds, domestic savings and

Central African Apex bank joins Africa's cross-border payment network to boost regional trade
Business and Economy

Central African Apex bank joins Africa’s cross-border payment network to boost regional trade

The Bank of Central African States, BEAC, has joined the Pan African Payment and Settlement System, PAPSS, in a move expected to make cross-border payments

ANALYSIS: Internet shutdowns won’t solve Central Africa’s political crises
Opinion

ANALYSIS: Internet shutdowns won’t solve Central Africa’s political crises

In Gabon, social media access has been blocked since February amid social unrest and strikes in the education and health sectors. At least 800,000 users

West Africa central bank keeps policy rate unchanged at 3%
Politics

West Africa central bank keeps policy rate unchanged at 3%

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DR Congo to Add State Gold to Central Bank Reserves
Business and Economy

DR Congo to Add State Gold to Central Bank Reserves

The Democratic Republic of Congo (DRC) is partnering with DRC Gold Trading SA to supply gold sourced from artisanal mining operations to the central bank.

AU Approves Nigeria's Permanent Seat on African Central Bank
Business and Economy

AU Approves Nigeria’s Permanent Seat on African Central Bank

Nigeria has secured a permanent seat on the Board of the African Central Bank, a development officials say places the nation at the center of