Central African Republic has launched a memecoin in a bid to attract investment to the mineral-rich but impoverished nation.
CAR Meme is the latest attempt by President Faustin-Archange Touadéra, a former mathematics professor, to finance much needed development and strengthen the $3 billion economy. The country, long neglected by the international community, has been further isolated since it contracted mercenaries from the Kremlin-linked Wagner Group since 2018.
The landlocked country of 5 million in 2022 became the world’s second country after El Salvador to
That was followed by the launch of Sango Coin, a cryptocurrency ...