Is this the end of cash in west Africa?
Nigeria is about to launch eNaira – a new digital currency
Africa Daily · BBC World Service
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Show Notes
Nigeria is about to become the first country in Africa to launch a digital currency controlled by their central bank.
Instead of carrying notes and coins, Nigerians will have the option to carry electronic money in an e-wallet on their phones.
The eNaira will be issued directly from the central bank to users, in the hope of brining financial services to millions of unbanked people.
And with other country’s in the region making similar plans, could this be the end of cash in west Nigeria?
Host: Alan Kasujja (@kasujja)
Guests: Charles Gitonga, International Bussiness Journalist with BBC Africa Fadekemi Abiru, Editor in Chief at Sears Business