Cameroon labour union warns MTN account seizure could fuel unrest
A recent court order to freeze MTN Cameroon’s MoMo account at Afriland First Bank is an offshoot of an ongoing case between Cameroonian business mogul Ahmadou Baba Danpullo and South Africa’s First National Bank.
Amindeh Blaise Atabong
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BEAC warns Cameroon over the seizure of MTN bank accounts
The warning from the central bank governor comes as seven banking institutions are under pressure to transfer MTN cash into an escrow account.
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Bank of Central African States cautions against cryptocurrency investment
BEAC Governor underlines organisation’s stance following extraordinary meeting of the Bank’s monetary policy committee.
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Equatorial Guinea faces internet shutdown over unsettled bills
Country’s Vice President has warned that issues with the transaction could impact connectivity.
1:40
Bank of Central African States urged to move on CBDC adoption
Outcome of an extraordinary meeting hosted by the financial regulator.
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Tech win energises Cameroon’s drive to unify Fintech ecosystem
Country receives official regulatory go-ahead for its NPSI gateway system.
2:10
Central African Republic launches its own cryptocurrency
Government tight-lipped on specifics, but links Sango Coin to local economic development.
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CAR sidesteps doubters, proceeds with Sango crypto island ambition
Country’s govt determined to pursue cryptocurrency plans having recently adopted Bitcoin as a legal tender.
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CAR’s crypto adoption upsets regional bloc’s monetary accord
Bank of Central African States issues point of order to CAR.
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Cameroon: users mobilise online campaign against new mobile money tax
New law means consumers will have to pay 0.2% of the amount transferred or withdrawn.
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Cameroon tackles cryptocurrency to address chaotic market
Authorities are said to be keen to have a clear, operational and strategic understanding of cryptocurrency operations.
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Cameroon, Gabon stand out in the mobile money pack
Bank of Central African States (BEAC) cited a report on the state of electronic payment services in Central African Economic and Monetary Community.