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Africa

Africa is the future of DeFi, argues Cardano’s Charles Hoskinson

December 12, 2020 by Marvin Nelson

The CEO of Cardano developers IOHK sees a promising path towards DeFi adoption throughout the world’s second-most populous continent

Categories ethiopia Tags Africa, Cardano, Decentralized Finance, DeFi, Ethiopia Leave a comment

Following Binance Uganda closure, Binance P2P makes strong inroads in Africa

November 29, 2020 by Marvin Nelson

The cryptocurrency exchange has given up on Binance Uganda, but the regional play remains strong

Categories ghana, peer to peer Tags Africa, Binance, Ghana, Kenya, Nigeria, P2P, Peer-to-Peer, South Africa Leave a comment

Can blockchain make a difference? Africa sees vast monetary potential

November 15, 2020 by Marvin Nelson

As access to crypto spreads across Africa, blockchain could be crucial in improving cross-border payments and settlement systems.

Categories News Tags Adoption, Africa, Nigeria, South Africa, Zimbabwe Leave a comment

Etherisc to offer blockchain-based crop insurance to Kenyan farmers

November 14, 2020 by Marvin Nelson

The project aims to provide a blockchain-based parametric insurance platform that helps protect smallhold farmers from the effects of climate change.

Categories etherisc Tags Africa, Chainlink, Etherisc, Insurance Leave a comment

Nigeria hopes blockchain will generate $10B revenue by 2030

November 6, 2020 by Marvin Nelson

“We want Nigeria to be strategically placed to capture value from this economic potential of blockchain,” stated the NITDA director-general.

Categories News Tags Africa, Business, DLT, Nigeria Leave a comment

Exploring the landscape of crypto regulations in sub-Saharan Africa

October 19, 2020 by Marvin Nelson

Despite facing hot-and-cold rules, growing crypto usage in sub-Saharan Africa is forcing regulators to reconsider the industry.

Categories News Tags Adoption, Africa, Nigeria, PwC, Regulation, South Africa, Zimbabwe Leave a comment

Emerging technologies can change the African financial landscape

October 4, 2020 by Marvin Nelson

The ease and convenience of services backed with the emerging techs can dramatically improve the financial landscape in Africa.

Categories News Tags Africa, China, Financial Services, FinTech, Internet, Mobile Payments, Unbanked Leave a comment

African traders least likely to fall for crypto scams: Chainalysis

September 17, 2020 by Marvin Nelson

The region’s traders are highly aware of scams and avoid them.

Categories News Tags Adoption, Africa, Business, Scams Leave a comment

Nigeria regulators recognize digital assets in stunning new statement

September 14, 2020 by Marvin Nelson

‘Virtual crypto assets are securities, unless proven otherwise,’ the Nigerian SEC said.

Categories News Tags Adoption, Africa, cryptocurrencies, Nigeria, Regulation Leave a comment

Small value crypto transfers in Africa have increased by 55%

September 10, 2020 by Marvin Nelson

Africans are turning to cryptocurrencies to avoid high fees and currency instability, with transfers to and from the continent increasing 55% over the last year.

Categories international remittance, transfer fees Tags Africa, Bitcoin, International Remittance, Kenya, News, Nigeria, South Africa, Transfer Fees Leave a comment
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