From the Start of 2016, Bitcoin Is On A Roll In Africa
The ‘Blockchain and Bitcoin Africa” conference, that took place in Johannesburg on March 3-4, has raised the awareness level of Bitcoin in Africa. In South Africa, the latest developments show that 2016 may become the greatest year so far for the cryptocurrency. Busy year from Kenya to Zimbabwe. Bitcoin users in Africa as a whole have been quite conservative. The level of acceptance of cryptocurrency in Africa has been very low when compared to other parts of the world. Nevertheless, awareness and usership of the cryptocurrency keeps increasing. The year 2016 has seen increased activity....
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According to the findings of the latest study by Disrupt Africa, the number of fintech start-ups based on the African continent grew to 576 in 2021. This figure represents a 17.3% jump from the 491 start-ups that were operating on the continent in 2019. Overall, the number of fintech start-ups in Africa has increased around 90% from the 2017 figure of 301. Nigerian Dominance Leading the charge in this continuing African fintech growth is the West Africa region where “Nigerian figures were up 42.6 percent on 2019.” In Ghana, fintech companies grew by 25% over the same period....
Indications are rife that Bitcoin use will grow in parts of Africa in the coming years in the mobile payment market which Statistics says is expected to grow to 101.34 million users in 2016. EY's attractiveness survey Africa 2015 says capital investment into Africa between 2013 and 2014 surged to $128 billion, up 136% and foreign direct investment FDI created 188,400 new African jobs at a 68% increase. Co-founder of Chankura in South Africa, Thabang Mashiloane, says they have discovered that ±13% of the $128 billion has been flowing within Africa in remittances and the large number of the....
Victoria and Alfred Waterfront in Cape Town, South Africa is going to host the inaugural Bitcoin African Conference on April 16 and 17, 2015. The two-day event will bring together merchants, investors, venture capitalists, start-ups and Bitcoin enthusiasts who are all looking to move Bitcoin forward in Africa. The organizers of the Bitcoin Africa Conference plan to address many of the issues surrounding Bitcoin, as well as the potential that Bitcoin offers individuals and businesses alike. The conference aims to provide an in-depth understanding of the following:
Editor’s Note: This article has been changed to make the nature of the Bitcoin Africa Conference more clear. The name of this title is “Bitcoin Africa Conference,” and this is the first time the conference has been held. The author of this article was not saying that this Bitcoin conference is the very first one in Africa. We apologize for any misunderstanding. As you may know, the world’s first Bitcoin Africa Conference will be held on April 16-17, 2015 in Cape Town, South Africa. With all the buzz surrounding Bitcoin in Africa lately, it is no surprise that the first conference has made....
Blockchain application platform Lisk has announced plans to begin issuing block rewards to its delegates. The team said this development marks the achievement of a “critical milestone,” with rewards set to start flowing before the end of 2016. A New Lisk Milestone. This milestone comes after a period of growth following the project’s successful crowdsale earlier this year, in which the developers raised around 14,000 bitcoins. At press time, those funds are valued at more than $10 million USD. According to a press release, the ecosystem has grown considerably since the ICO, with developers....