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Rwanda tests digital currency in push toward cashless future

Photo by Andrew Leu @ Unsplash | Digital currency
Photo by Andrew Leu @ Unsplash

Alex Ngarambe

Alex Ngarambe is a journalist covering Rwanda’s business, markets, and economic developments.
  • Central bank pilots five-month digital currency trial to boost financial inclusion
  • CBDC project aims to complement mobile money, cards, and cash amid global momentum for digital currencies

 

KIGALI, RWANDA – Rwanda’s central bank has launched a five-month pilot of a digital currency (CBDC), marking a significant step in its drive toward a more inclusive, cashless financial system.

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