In the company’s continued visits around Africa, the CEO of Gluwa, Tae Oh, paid a courtesy call to the Vice President of Sierra Leone, Mohamed Juldeh Jalloh, in a preliminary visit to introduce the potential for collaboration.
Vice President of Sierra Leone 🇸🇱, Mohamed Juldeh Jalloh pictured with @taelimoh, CEO of Gluwa, Akin Jones, Director of Gluwa, and Kay Jegede, Associate Director of Gluwa.https://t.co/nDVoINalNr @Gluwa pic.twitter.com/TjpvPMneqw
— BitKE (@BitcoinKE) April 8, 2024
Gluwa said it has initiated conversations on the potential of the exploration of creating opportunities to further enable Sierra Leone’s citizens to engage with the digital global economy.
“Gluwa described its plans to Vice President Jalloh who is well-versed in the nuances of digital currencies, as advanced forms of mobile money transaction programmes directly operated by countries’ central banks,” the technology firm said.
“Unlike existing mobile money systems, which are confined to local operations due to their reliance on local phone numbers, the proposed financial programme for Sierra Leone aims to facilitate global transactions. This would enable its citizens to engage in financial activities beyond their borders and increase their access to international opportunities.”
Gluwa is an RWA platform connecting capital from developed markets to emerging market lending opportunities using blockchain technology.
The company recently entered into an agreement with the Central Bank of Nigeria to help drive increased adoption of the eNaira central bank digital currency (CBDC). Under that partnership, Gluwa will integrate its Credal technology into the eNaira platform. The intention is to facilitate the establishment of ‘credit reputations’ for eNaira users, thereby advancing financial inclusion.
🇳🇬PARTNERSHIP | Central Bank of Nigeria Partners with Blockchain Solutions Provider, Gluwa, to Integrate Credit Rating Tech to e-Naira CBDC
Gluwa, a blockchain-based financial platform that has been operational in Nigeria for several years, will integrate its Credal technology… pic.twitter.com/JrvTOEuM13
— BitKE (@BitcoinKE) March 8, 2024
At the same time, Gluwa wants to integrate Ghana’s eCedi CBDC with a satellite-based ISP, which can help the CBDC meet the technical requirements for rural access.
🇬🇭CBDC | Blockchain Solutions Platform, Gluwa, Meets Vice President of Ghana as it Explores Providing Adoption Support for the #eCedi CBDC
The meeting follows other similar developments in Nigeria, where Gluwa recently began working with the Central Bank of Nigeria as an… pic.twitter.com/Mgt12W9N13
— BitKE (@BitcoinKE) March 22, 2024
The company is also said to be investigating the potential of developing a Central Bank Digital Currency (CBDC) for Liberia.
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