Your account has been succesfully created.
Africa Intelligence
Subscribe now
After Kenyatta: the never-ending battle to take State House

After Kenyatta: the never-ending battle to take State House

Africa in the Russia-Ukraine war
The global hunt for the Dos Santos family assets

The global hunt for the Dos Santos family assets
See all Running stories
Spotlight
CENTRAL AFRICAN REPUBLIC

Touadéra banks on bitcoin to avert bankruptcy

Central African President Faustin-Archange Touadera.
Central African President Faustin-Archange Touadera. © Michael Brochstein/ZUMA Wire/Alamy Live News
After loudly making bitcoin legal tender in CAR, the country's president is expected in Dubai at the end of the week to oversee the launch of a cryptocurrency mining company. The aim is to ensure that civil servants can be paid in July, at a time when state coffers are empty. [...] (694 words)
Issue dated 10/05/2022 Reading time 3 minutes
This article may be accessed by subscribers and e-wallet holders (USD 19.50)
2 options offered to continue reading
e-wallet

from EUR/USD 50

Only buy articles you are interested in

ANNUAL SUBSCRIPTION

Unlimited access to the website

See our rates
Choose the option that suits you best: Compare all of our offers!

Do you want a free trial before subscribing?

Create your free account

Finance Politics

Receive free prompts for these topics

Further reading
President of the Central African Republic Faustin-Archange Touadera on September 17, 2021, in Bangui. © Barbara Debout/AFP
Spotlight
CENTRAL AFRICAN REPUBLIC Finance Politics 22/06/2022

Bitcoin project splits Touadéra's entourage 

The Central African president is trying to speed up his cryptocurrency project, despite scepticism from some of his ministers. The local director of the Bank of Central African States, Ali Chaibou, is one of the doubters and has secretly sought the advice of former IMF director Dominique Strauss-Kahn. [...]
CENTRAL AFRICAN REPUBLIC Diplomacy 17/05/2022

France's 'hassling' of senior regime figures adds to tensions between Paris and Bangui 

Foreign minister Sylvie Baipo-Temon and National Assembly deputy speaker Evariste Ngamana are both furious after having been taken to task by the French authorities recently. [...]

The Minister of Foreign Affairs, Sylvie Baïpo-Témon, and the Vice-President of the National Assembly, Evariste Ngamana.
The Minister of Foreign Affairs, Sylvie Baïpo-Témon, and the Vice-President of the National Assembly, Evariste Ngamana. © Congolese Ministry of Foreign Affairs/Facebook/National Assembly
CENTRAL AFRICAN REPUBLIC Politics 02/12/2021

Touadéra and Moscow protect warlord Hassan Bouba from international justice 

By targeting one of the emblematic figures of the Central African Republic conflict - livestock minister and former rebel leader Hassan Bouba - the Bangui special criminal court has thrown a spanner into an already uneasy mix of peace deals, jittery financial backers and Russian mercenaries. [...]
Central African livestock minister Hassan Bouba in February 2021.
Central African livestock minister Hassan Bouba in February 2021. © La France à Bangui/Twitter
On our other sites

Receive free prompts for these topics

  1.  Home  
  2.  central africa 
  3.  Touadéra banks on bitcoin to avert bankruptcy 
Finance Politics

Sign up for real-time alerts and be notified of new editions!  

Once registered, you will be notified by a short message on your computer or mobile phone as soon as a new edition of our publication or an alert is published. Stay informed anytime, anywhere!