Bitcoin in Africa - On The Ground - Resources Program
It's not that Bitcoin has a bad image in Africa. It has no image at all. In that way it is a clean slate. The potential of Bitcoin in Africa is often cited. But the issues to overcome are real and routinely glossed over. The first step is clearly good PR. A solid image will form the groundwork. It's only by supporting local organisations and fostering....
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Nigerian billionaire investor and philanthropist Tony Elumelu has committed $100 million to create 10,000 entrepreneurs across Africa over the next ten years, Forbes reports. "It is our opportunity to empower a generation," said Elumelu. Also read: The Bitcoin Dream Is Happening In Africa. Tony Elumelu has derived an estimated $1 billion fortune from banking, energy, investments and real estate. He said: "The opportunity and challenge in Africa is scale - in our people, our resources and our horizons. In my business and philanthropic journeys, I have always sought ways to help inspire a....
A key to gaining adoption in local communities is having on the ground educational resources available to business owners and customers.
The world’s largest crypto exchange announced two subsidiary suspensions within one month. The world’s largest cryptocurrency exchange is launching a new affiliate program in Africa after announcing the termination of its Uganda-based service.On Nov. 3, Binance officially announced the launch of the Binance Africa Affiliate Program aiming to promote Binance across the region. According to the exchange, the new program is open to influencers, crypto enthusiasts and content creators across Nigeria, Ghana, Kenya, South Africa and Uganda.A spokesperson for Binance told Cointelegraph that....
Leading blockchain protocols and other actors jockey for position in the race to build and mold Africa’s emerging Web3 economy. Whatever you prefer to call it — crypto, blockchain or Web3 — this new segment of the digital economy is booming across Africa. If you’ve been sleeping on the sector, now’s a good time to wake up.Why? Well for one, according to analytics firm Chainalysis, Africa’s crypto market increased in value by more than 1,200% between July 2020 and June 2021. Led by especially high adoption rates in Kenya, South Africa, Nigeria and Tanzania, Africa had the third-fastest....
While the African continent is generally viewed as one of the most ideally placed to embrace and fully exploit the blockchain, the reality on the ground suggests otherwise.
The East Africa Blockchain Expedition
As Adedayo Adebajo, the managing director of Jelurida Africa and a blockchain enthusiast told Bitcoin.com News, much of the focus in terms of investment has been on two regions, Southern and West Africa.
Adebajo suggests in written responses to questions sent to Bitcoin.com News that the East Africa region is being left behind. Therefore, to correct this....