Ran Neuner told Cointelegraph that his $10 million coronavirus relief fund has been inundated with applications from startups impacted by the global economic sl...
Africa News
Africa is the second largest continent in the world in terms of both territory and population. There are 55 states located on the continent. Economies in Africa differs from country to country. In Africa, cryptocurrency tends to be sold with a large trade margin which can even reach 100% due to several reasons. Firstly, Bitcoin in Africa is very difficult to mine because of the climate and lack of infrastructure. Also, cryptocurrency is in big demand in Africa as national currencies are vulnerable to hyperinflation. Besides that, since there are only a small number of virtual currency retailers they are able to set high prices. The relative financial stability of digital money and the opportunities for profit make cryptocurrencies very popular in Africa.
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Most of the fundraising in the cryptocurrency space shifted from the Americas to Europe, Middle East, Africa and the Asia Pacific region.
- Analysis
Health care, identity management and renewable energy are some of the non-financial blockchain use-cases gaining popularity in Africa.
- Event Recap
The South African National Blockchain Alliance has been launched to drive technology development by bringing public and private enterprises together.
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by Samuel Haig
Nigeria, Africa’s largest economy and largest source of Bitcoin trading volume on the continent, has welcomed its first Bitcoin ATM.
- Interview
by Joseph Birch
MakerDAO’s Gustav Arentoft talks decentralization and regional expansion in a new interview with Cointelegraph.
- Event Recap
Blockchain technology has taken center stage in Africa — but where’s the continent at when it comes to cryptocurrency trading?
- Event Recap
Several use cases for blockchain-based solutions in Africa could potentially drive the technology forward in a global context.
- Analysis
The Reserve Bank of Zimbabwe proposed a crypto regulatory sandbox amid plans to launch a gold-backed digital currency.
- Interview
Rapper and entrepreneur Akon discusses his new cryptocurrency with Cointelegraph.
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Leading up to its token generation, Akon’s crypto project Akoin has garnered added expertise, partnering with Delchain.
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The Reserve Bank of Zimbabwe is reportedly working on a regulatory sandbox that would help fintech and crypto companies operate in the country freely.
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by Samuel Haig
Rapper and entrepreneur Akon has shared the whitepaper for his upcoming cryptocurrency exclusively with Cointelegraph.
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Binance CEO announces launch of forthcoming fiat support for South Africa.
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