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Digital payments

A smartphone displaying a digital wallet interface resting on a wooden desk beside a laptop, in a modern office setting.

Nigeria’s cNGN Stablecoin Launches on Celo Blockchain

Nigeria’s naira-pegged cNGN stablecoin has gone live on the Celo blockchain, according to TechAfrica News, marking a new step in the country’s expanding digital payments ecosystem. cNGN is a tokenised representation of the Nigerian naira, designed to maintain a one-to-one parity with the local currency while operating on a public distributed ledger. Unlike a central […]

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A modern central banking operations room with staff monitoring digital transaction flows on multiple screens.

Rwanda’s eKash Platform Processes Over Rwf 960 Billion in First Month of Full Operation

Rwanda’s national instant payment platform eKash has processed more than Rwf 960 billion in transfers since the country completed the migration of all domestic interoperable retail payments onto the system, according to the New Times as reported by AllAfrica. The figure was disclosed less than a month after the central bank finished consolidating the country’s

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