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Eritrea , Thursday 16 April 2026

African central banks proceed cautiously with digital currencies

Published on: Thursday 18 May 2023

African central banks proceed cautiously with digital currencies Nairobi. With Nigeria's eNaira failing to gain traction in the first year of rollout, other African Central Banks are taking a cautious approach to digital currency- spending more time on testing to fix impending loopholes.As more African countries look to pilot regulated digital currencies, central banks are embarking on 'comprehensive tests' before full-scale rollouts.Mauritius and Tunisia -the only two African countries currently in the...



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