The digital nomad trend is booming as the list of attractive destinations is expanding. Armed with laptops and wanderlust, these modern-day working travelers have the potential to help stimulate economies and provide a valuable source of income during tourist off-seasons. In this article, PYMNTS reviews...
In recent years, several African countries where mobile money transactions are a popular means of payments have introduced levies on digital transactions, much to the dismay of local consumers and small businesses hit the hardest. While those in favor of the electronic transaction levy (eLevy)...
Tanzania is coming closer debuting a central bank digital currency (CBDC), which it hopes will compete with crypto’s popularity in that country, a report from Bloomberg said Monday (May 4). Bank of Tanzania Governor Florens Luoga said it was important to have a “safe alternative,”...
DP World has announced the rollout of Dubuy.com, its wholesale eCommerce platform, in Tanzania, a report from New Business Ethiopia said Tuesday (March 29). The marketplace is intended to give better access to international markets, and will offer a more secure, reliable supply chain using...
June 05, 2018
The first baby born on the blockchain is expected to enter the world at a small clinic in rural Tanzania this week. What does that mean – to be born on the blockchain? Has the world finally gone too far with its distributed ledger obsession? Just the opposite, Niall Dennehy, COO of AID:Tech would argue […]
January 15, 2023
The Bank of Tanzania is cautiously readying a central bank digital currency (CBDC). The country’s central bank said it will “continue to monitor, research and collaborate with stakeholders, including other central banks, in the efforts to arrive at a suitable and appropriate use and technology for issuance of Tanzanian shillings in digital form,” according to […]
May 09, 2022
Tanzania is coming closer debuting a central bank digital currency (CBDC), which it hopes will compete with crypto’s popularity in that country, a report from Bloomberg said Monday (May 4)....
October 05, 2021
Bank of America (BoA) has published a report saying cryptocurrency and nonfungible tokens (NFTs) are likely here to stay, Cointelegraph reported. The BoA report said crypto’s $2.15 trillion market capitalization...
August 22, 2021
Kenya-based Pesapal, a provider of payments processing services — primarily point of sale (POS) — is touting two recent approvals for conducting business in major East African markets. One approval...
