Eldohub platform Sasakazi is addressing barriers to decent employment, including the availability of skilled employees…

When CBDCs first came to the fore, many touted such a move as a game-changer in digital finance. Many had thought that the adoption of CBDCs in Africa would take the shape of the adoption of cryptocurrencies, where the region leads in many aspects. However, challenges remain. Lack of the requisite infrastructure, low levels of financial literacy, and operational and regulatory challenges have combined to contribute to low penetration and adoption rates for CBDCs.

The lack of adoption is a current failure point for many launched CBDCs. Nigeria’s eNaira had a million customers one year into its launch, a smattering of its 221 million population. The real challenge of CBDCs lies in developing a clear sense of purpose. African central banks must answer to the kind of role that CBDCs will play in the economy and financial systems.

The cloud business unit of China’s tech giant Tencent is seeing a huge opportunity for…

With just $40, customers in Kenya will buy a locally assembled smartphone starting July, 2023.…

An infusion of new investments and regulatory transformations is shaping financial interactions and digital payments…

Data centres are IT facilities that manage big organisations’ data. They house state-of-the-art computing infrastructure…