The Use of Digital Currency in Africa

Anastasia Anatolyevna Baboshkina
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Anastasia Anatolyevna Baboshkina: MGIMO-University, Moscow, Russia

Russian Foreign Economic Journal, 2025, issue 8, 62-70

Abstract: By 2025, Africa is reaching a pivotal moment in its economic history. New technologies are transforming financial systems worldwide, and the African continent is no exception. Cryptocurrency, once perceived as distant from mainstream society and accessible only to Western markets, has now become a revolutionary tool accessible to all. African countries have embraced these digital currencies to overcome traditional barriers, enhance financial inclusion, and reshape daily live.

Keywords: African countries; digital money; cryptocurrency; digital payment methods; banks in African countries (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:alq:rufejo:rfej_2025_08_62-70

DOI: 10.64545/2072-8042-2025-8-62-70

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