Is this the end of cash in west Africa?

Published: Oct. 4, 2021, 1 a.m.

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\u2019s in the region making similar plans, could this be the end of cash in west Nigeria?

Host: \nAlan Kasujja (@kasujja)

Guests: \nCharles Gitonga, International Bussiness Journalist with BBC Africa\nFadekemi Abiru, Editor in Chief at Sears Business