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Dubai’s Alpha MBM sets out plans to launch cryptocurrencies in Africa

Issue 505 - 01 May 2024 - By Eleanor Gillespie | 2 minute read

Dubai Sheikh Mohammed Bin Maktoum Al-Maktoum’s Alpha MBM Investments has aligned with Abu Dhabi-based Venom Blockchain to develop central bank digital currencies and stablecoins in Uganda, Somalia and CAR, as the ambitious junior member of Dubai’s ruling family and interests in Abu Dhabi move further into African business.

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