financial inclusion

10 African Central Banks Exploring Digital Currencies in 2025

by
10 African Central Banks Exploring Digital Currencies in 2025

July 4, 2025 – As digital currencies gain global traction, African central banks are increasingly exploring Central Bank Digital Currencies (CBDCs) to modernize payment systems, enhance financial inclusion, and address economic challenges unique to the continent. According to a July 2025 report from Nairametrics and insights from the International Monetary Fund (IMF) and Atlantic Council, … Read more

How poor connectivity is locking rural Nigerians out of mobile money boom 

by
How poor connectivity is locking rural Nigerians out of mobile money boom 

Nigeria’s mobile money sector has seen significant growth, with transaction values reaching $1.26 trillion and a 41% increase in registered agents in 2023, according to a Bill Gates Foundation report. However, rural communities, home to 60-70% of Nigeria’s population, are largely excluded due to poor internet connectivity, limited digital literacy, and inadequate infrastructure. Despite high … Read more

Close