Powering African Youth’s Financial Revolution With Bitcoin
There are various initiatives designed to empower Africans to educate themselves on Bitcoin and exercise their own financial sovereignty.This is an opinion editorial by Alexandria, a citizen of Zimbabwe and a second year business administration student at Liaoning Shuhua University in China. Our mission is to become the biggest Bitcoin community in Africa, using Bitcoin to guarantee the human rights to life, liberty and property. We aim to establish a self-sustaining Bitcoin community that can generate revenue while consistently growing independent of outside aid. We believe that this is....
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African blockchain-related startups will pitch new products at SWIFT African Regional Conference in Mauritius on May 18. Three African companies were selected by over one hundred judges from across the financial, technology, and investment communities. The total of 89 applications has been evaluated for the second edition of the Startup Challenge. During the showcase, the audience will vote for the three best startups out of 12. Then, the companies will be invited to Sibos, SWIFT’s annual global financial services conference, taking place from 26-29 September in Geneva. The three finalists....
The Western African nation of Senegal to soon introduce a digital currency in the region to function alongside existing CFA. The African continent has emerged as a leader in digital currency and blockchain technology adoption. The West African nation of Senegal may soon contribute to the digital currency revolution by launching eCFA. The proposed eCFA is the digital version of CFA francs being currently used by either independent states in West Africa. Expected to be launched sometime in 2017, eCFA will be rolled out by the Banque Régionale de Marché – regional bank of Senegal. According....
Even though Bitcoin can do a lot of good for the unbanked and underbanked nations of the world, there has been a fair amount of opposition from banks and consumers, most notably in Africa. But even local banks in that region – including Barclays – have to acknowledge the coming change, as they are now putting all of their eggs in the baskets of FinTech and Bitcoin If you can’t beat them, join them, seems to be a very appropriate saying in this regard. A Different Opinion on FinTech and Bitcoin. It has taken African banks quite some time, but they are starting to see how the continent could....
The South African financial services giant, Nedbank, is reported to have acquired a village in the metaverse. The village will be used to showcase African creativity and to create experiences that “go beyond banking.” By securing a virtual property in Ubuntuland, Nedbank became one of the first financial institutions in Africa to embrace the metaverse.
Showcasing Africa’s Creativity
Nedbank, the South African financial services group, recently secured a “village” in the Ubuntuland metaverse which reportedly measures 12 by 12. By securing the....
The Museum of Modern African Art Gallery & Lifestyle (MOMAA), a platform that promotes African artworks, recently kickstarted a 30-day non-fungible token (NFT) Modern African Art Exhibition. The exhibition, which will be MOMAA’s first NFT showcase, is set to feature the works of Goran Pin or the Portraitist. Pin, a Croatian national, is an artist seen “pushing the edges of the crypto art medium on multiple levels.” According to a statement on MOMAA’s website, taking the centre stage at this exhibition will be the Portratist’s “Kings and Queens....