In Africa crypto news this week, the Ghana Gold Board is pushing for blockchain implementation in tracking global gold movements.
Meanwhile, in South Africa, the South African Reserve Bank has warned of the stability risk from the country’s crypto sector.
Across the border, the University of Namibia has rolled out a novel master’s degree in blockchain technology.
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Here’s a more detailed look at these stories:
Ghana Crypto News: Gold Board To Integrate Blockchain For Tracking?
The Ghana Gold Board is pushing for blockchain technology usage in tracking gold shipments. This proposal comes even as gold prices continue to break records and demand remains high globally.
Ghana Gold Board CEO Samuel Gyamfi spoke at a high-level Precious Metals Conference in Dubai on the importance of tracking global gold movements. He notes that gold is a valuable resource and cannot be allowed to become a haven for illegal activities.
“Gold is a resource for global economic stability and transformation. It cannot be allowed to become a haven for drug lords, armed actors, corrupt politicians, human traffickers and criminal networks.”
Mineral traceability remains a key concern for law enforcement globally. The worries about illegal mining, the use of child labor in mines, and related crimes inform the need to trace minerals from mines to the markets.
Integrating any of the major blockchains introduces decentralization and immutability, which the Board believes can aid in proper mineral tracing.
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South Africa Crypto News: Central Bank Cautions Against Stablecoins and Crypto
The South African Reserve Bank (SARB) has released its second Financial Stability Report of 2025, which identifies digital assets and stablecoins as new financial risks in the country.
By the end of Q2 2025, SARB said they were over 7.8M crypto holders in the country, HODLing some of the next tokens to explode.
(Source: SARB)
Even so, the central bank is wary of the billions held by these exchanges and the borderless nature of the sector.
South Africa has exchange controls that govern traditional banking institutions, but do not affect crypto movements.
The acknowledgement by the industry poses a systemic risk, mostly because it is outside the purview of existing regulations.
This discrepancy presents a reason for the central bank and the legislature to enact common-sense crypto regulations.
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Namibia Crypto News: University of Namibia (UNAM) Launches Master’s Program in Blockchain Technology
In the education sector, the University of Namibia (UNAM) has launched the continent’s first master’s degree program in blockchain technology.
