Tag: financial inclusion

Our Publications

If We Had to Reinvent Money, Would Africa Help Write the Rules?

Imagine a world without dollars, pounds, euros or naira. What would replace them? As stablecoins challenge conventional ideas of money, Africa faces an intriguing opportunity: not merely to adopt the next financial system, but to help design it. Yet the promise of a digital monetary revolution raises difficult questions about trust, sovereignty and who ultimately controls the world’s wealth

Our Publications

Why Is Moving Money Across Africa Still So Difficult? The Promise—and Problem—of Stablecoins by Amanda Clinton

Why can a flight between Lagos and Accra take little more than an hour while an international bank payment may take much longer? As Mastercard, Yellow Card and other financial institutions explore stablecoin payments, Africa faces an important financial choice. This in-depth commentary explains stablecoins in plain English, distinguishes Nigeria’s eNaira from cNGN, USDT and USDC, and examines whether digital money can genuinely reduce costs for businesses and families. It also explores bank partnerships, currency sovereignty, regulation, consumer protection, PAPSS and the infrastructure required to make cross-border payments trustworthy.