Addis Ababa, however, says it is taking bold steps to change the narrative portraying Africa as perpetually dependent on aid.

“In the near to medium term, clearer regulations will likely boost institutional participation, leading to improvements in ...

The ECB’s plans to build a payments system on distributed-ledger technology could lead to the issuance of a digital euro.

The European Central Bank (ECB) is ramping up the development of a wholesale CBDC initiative for transaction settlement between institutions.

As global momentum appears to be building for the development of central bank digital currencies (CBDCs) – bringing with it the potential to ...

A federal framework would embolden countless companies to dive into the stablecoin market, according to Chronicle Labs ...

According to analysts, Nigerians will still demand airtime and data irrespective of their new prices as the demand for the product ... percent of its value within a year (2023-2024). The same currency ...

Private sector credit expanded strongly by 16.1 percent in the first half of 2024/25, albeit at a slower pace compared with 19.1 percent in the corresponding period of 2023/24. The Bank of Tanzania ...

New Treasury data reveals an ailing economy, with the money circulating within and outside the banking system falling to ...

The DRC insists on a military solution in the fight against the Rwandan-backed M23 rebels. Analysts say the fall of Bukavu ...

Ethiopia, a densely populated nation, relies heavily on agriculture, with over 70% of its citizens living in rural areas ...