Africa's Forex

Neobank CEO Sees DeFi as Solution to Africa’s Forex Challenges
Blockchain

Neobank CEO Sees DeFi as Solution to Africa’s Forex Challenges

A vacuum is created, and decentralized finance (DeFi) could fill it. Pascal Ntsama IV, Canza Finance CEO, sees potential in cryptocurrencies and blockchain networks. Furthermore, it is difficult for most to access United States dollar liquidity and currency swaps in the forex market. A limiting factor for African sovereigns restricts their import-dependent economies and services […]

Nov. 30, 2023