The Use of digital Currency in Africa

Authors

  • Anastasia Anatolyevna Baboshkina MGIMO-University

DOI:

https://doi.org/10.64545/2072-8042-2025-8-62-70

Keywords:

African countries, digital money, cryptocurrency, digital payment methods, banks in African countries

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.

Author Biography

Anastasia Anatolyevna Baboshkina, MGIMO-University

Candidate of Sciences in Economics, 

Postgraduate student of the Department of International Finance

Downloads

Published

2025-10-17

How to Cite

Baboshkina, A. A. (2025). The Use of digital Currency in Africa. Russian Foreign Economic Journal, (8), 62–70. https://doi.org/10.64545/2072-8042-2025-8-62-70

Issue

No. 8 (2025)

Section

World economy

License

Copyright (c) 2025 Russian Foreign Economic Journal

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

This work is licensed under CC BY-NC 4.0