West Africa news and trends

Centbee Debuts Blockchain-Based UK-West Africa Remittance Service
Payment Methods // May 27, 2022

FinTech Centbee is making it easier for U.K. residents to send digital cash to people in West Africa through the blockchain with a new service, announced Thursday (May 26) at the Global Blockchain Convention in Dubai. Centbee’s new service will allow U.K. users to send...

Bitcoin Daily: Rhode Island’s Blockchain Act Aims For Crypto Rules Too; Rapper Akon Details Crypto...
Bitcoin // March 15, 2020

Rapper Akon is launching the cryptocurrency, Akoin, that he says will financially power “Akon City” in West Africa. His whitepaper indicates that Akoins will work as “atomic swaps” between cryptocurrencies, fiat currencies, and mobile phone credits on the Akoin network. “The Akoin Utility Token is...

Ghana To Adopt West African ‘Eco’ Currency
International // December 29, 2019

Ghana is looking to drop its currency, the cedi, to join the new West African currency called “eco,” anticipated to replace the CFA franc as early as 2020, Reuters reported. Ghana is not part of the West African Economic and Monetary Union (UEMOA), which is...

Symantec Spots Attacks On West African Financial Institutions
Security & Fraud // January 17, 2019

Hackers are targeting financial firms in the Ivory Coast, Cameroon, Congo, Ghana and Equatorial Guinea, using commodity malware and living off the land tools, reported Symantec, the cybersecurity company, in a new blog post. According to the company’s Thursday (Jan. 17) blog post, banks and other financial...

Quick Reads
Jumia Expands to West Africa With Retailer Leroy Merlin

March 22, 2023
Pan-African eCommerce firm Jumia has agreed to sell retailer Leroy Merlin’s products in West Africa. The agreement is part of Jumia’s plan to halve costs and extend its reach by the end of the year with the home improvement firm, as detailed by Bloomberg News Wednesday (March 22),  Jumia CEO Francis Dufay told Bloomberg the company would sell Leroy Merlin’s tools and […]

Centbee Debuts Blockchain-Based UK-West Africa Remittance Service

May 27, 2022
FinTech Centbee is making it easier for U.K. residents to send digital cash to people in West Africa through the blockchain with a new service, announced Thursday (May 26) at...

Bitcoin Daily: Rhode Island’s Blockchain Act Aims For Crypto Rules Too; Rapper Akon Details Crypto...

March 15, 2020
Rapper Akon is launching the cryptocurrency, Akoin, that he says will financially power “Akon City” in West Africa. His whitepaper indicates that Akoins will work as “atomic swaps” between cryptocurrencies,...

Ghana To Adopt West African ‘Eco’ Currency

December 29, 2019
Ghana is looking to drop its currency, the cedi, to join the new West African currency called “eco,” anticipated to replace the CFA franc as early as 2020, Reuters reported....