The Central African Republic is under water as several localities in the country are hit by heavy rainfall in recent days with significant human and material damage. Torrential rains recorded in recent days in the Central African Republic led to the death of 10 people, said the Central African Red …
Read More »Economy: Central African Republic launches its Bitcoin hub
The Central African Republic government is launching its cryptocurrency hub it named Sango, nearly three months after adopting Bitcoin as one of its official currencies. President Faustin Archange Touadéra launched the hub on Sunday in a live announcement on social networks. The name “Sango” is in one of the country’s …
Read More »CAR: President Touadera urged to remove term limits
Allies of Central African Republic President Faustin-Archange Touadera have proposed changes to the constitution that would let him keep running for office, prompting protests from the opposition, Reuters agency reported. Backers of the plan to remove presidential term limits said it was meant to bring the country into line with …
Read More »Central African Republic to launch bitcoin investment platform
Central African Republic will launch the continent’s first legal cryptocurrency investment hub, the presidency said, extending the impoverished country’s embrace of digital finance despite words of caution from the International Monetary Fund, Reuters agency reported. Marred by decades of conflict, Central African Republic last month became the first country in …
Read More »Central African Republic: Bitcoin project faces major difficulty
The Cemac Banking Commission (Cobac), has not accepted the adoption by the Central African authorities of the Bitcoin cryptocurrency as one of the country’s official currencies. Following an extraordinary meeting on May 6, the Cobac banned the use of cryptocurrencies in banking and financial institutions in the countries of the …
Read More »Central African Republic: six soldiers killed by rebels
At least six soldiers died in a rebel attack on a military outpost in southeastern Central African Republic, a local official and a hospital director said on Friday. According to a local government official, members of an alliance of armed groups known as the Coalition of Patriots for Change (CPC) …
Read More »Central African Republic adopts Bitcoin as official currency
Authorities in the Central African Republic adopted the Bitcoin cryptocurrency as an official currency on Wednesday, Reuters reported, citing the presidency. The country then becomes the first in Africa and only the second in the world to do so. Despite rich reserves of gold and diamonds, Central African Republic is …
Read More »Central African Republic: local elections postponed for lack of funds
Authorities in the Central African Republic have said they will delay the country’s local elections scheduled for September 11, citing a lack of funds, AFP news agency reports. The head of the electoral authority, Mathias Barthelemy Morouba, said the elections will not take place as planned: “We have got behind …
Read More »Central African Republic: Minusca denies undermining state security
The United Nations Multidimensional Integrated Stabilization Mission in the Central African Republic (Minusca) categorically rejected “the accusations of undermining state security” attributed to the four French soldiers, arrested on Monday February 21 by Central African security forces at the Bangui airport. The United Nations office in the Central African Republic …
Read More »Central African Republic: 200 rebels expelled by Minusca troops
The UN peacekeepers carried out on Saturday an operation in which they succeeded in expelling 200 elements of the Unity for Peace in the Central African Republic (UPC) in the locality of Boyo. “The arrival of the Nepalese and Mauritanian battalions of the Minusca Forces to reinforce the strength of …
Read More »